Dear Binanciens, Dear Binanciens,
Binance is pleased to announce the 44th project on the Binance Launchpool, MANTA, the Layer 2 module for ZK applications. The web page should be available in 5 hours, before Launchpool begins.
Users will be able to stake their BNB and FDUSD in separate pools to farm MANTA tokens over two days, with the start of farming starting on 01/16/2024 at 00:00 (UTC).
Listing
Binance will then list MANTA on 01/18/2024 at 10:00 AM (UTC), and will open trading with the MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD, and MANTA/TRY trading pairs. The funding language will be applied to MANTA.
MANTA Launchpool details:
Nom du token : Manta (MANTA)
Supply maximale de tokens : 1 000 000 000 MANTA
Launchpool token rewards: 30,000,000 MANTA (3% of total token supply)
Initial supply in circulation: 251,000,000 MANTA (25.1% of the total supply of tokens)
Details of the smart contract: MANTA Token (MANTA)
Staking conditions: KYC required
Hourly hard cap per user:
50,000 MANTA you pool a BNB
12,500 MANTA you pool one FDUSD
Pools offered:
Stake BNB (webpage will be available in approximately 5 hours): 24,000,000 MANTA (80%)
Stake FDUSD (webpage will be available in approximately 5 hours): 6,000,000 MANTA (20%)
Farming period: from 01/16/2024 at 00:00 (UTC) to 01/17/2024 at 23:59 (UTC).
Distribution you farming MANTA
Read the Manta (MANTA) research report here, which will be available within 30 minutes of this announcement being published.
Project links
Site Web : https://manta.network/
Whitepaper : https://mantanetwork.medium.com/the-manta-pacific-roadmap-d09a9d918553
X : https://twitter.com/MantaNetwork
Medium : https://mantanetwork.medium.com/
Telegram : https://www.t.me/mantanetworkofficial
Discord : https://discord.com/invite/mantanetwork
Remarks :
Snapshots of user balances and total pool balances will be taken multiple times at any time every hour to obtain average hourly user balances and calculate user rewards. User rewards will be updated every hour.
Users will be able to accumulate their rewards (calculated once per hour) and withdraw them to their Spot wallet at any time.
Each pool's annual percentage yield and total pool balance will be updated in real time.
Tokens can only be assigned to one pool at a time. For example, user A cannot simultaneously place the same BNB in two different pools, but can allocate 50% of his BNB holdings to pool A and 50% to pool B.
Users will be able to unstake their funds at any time, without delay, and immediately participate in other available pools.
Tokens staked in each pool as well as unclaimed rewards will be automatically transferred to users' Spot accounts at the end of each farming period.
Binance's BNB Vault and locked products will support Launchpool. Users who have staked their BNB in BNB Vault and locked products will automatically participate in the Launchpool and receive new token rewards.
If there is more than one Launchpool project running simultaneously, users' BNB assets in BNB Vault and locked products will be divided and allocated to each project equally, unless otherwise specified.
BNB Vault assets serving as collateral for Binance loans (at flexible rates) are not eligible for Launchpool rewards.
BNB placed in the Launchpool will continue to provide users with the regular benefits of holding BNB, such as airdrops, Launchpad eligibility, and VIP benefits.
Participation in the Launchpool is subject to eligibility requirements that depend on the user's country or region of residence. We invite you to refer to the instructions on the Launchpool page.
Please note that the list of excluded countries provided below is not exhaustive and may be subject to change due to changing rules, regulations or other considerations. Users must complete account verification and be from an eligible jurisdiction to participate in Manta farming.
Currently, users residing in the following countries or regions will not be able to participate in MANTA farming: Belarus, Canada, Cuba, Crimea region, Democratic Republic of Congo, Iran, Japan, New Zealand, Netherlands, Korea North, South Sudan, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, United States Virgin Islands), Zimbabwe and any area not controlled by the government of Ukraine.
This list may be updated periodically to reflect changing legal, regulatory or other factors.
