Author: Tindorr, crypto KOL

Compiled by: Felix, PANews

The secret strategy for the Mantle ecosystem goes beyond just trading. There are multiple opportunities to maximize your earnings and benefit from your upcoming projects. The following are the key profit-making actions for Mantle, divided into 3 stages for reference.

Mantle’s unique positioning that differentiates it from other L2s Phase 1: Gaining momentum (now) Phase 2: Protocol synergy Phase 3: Snowball effect Mantle’s unique positioning that differentiates it from other L2s

First, Mantle has the largest DAO vault with over $4 billion in funds. A large number of MNT tokens (Mantle’s native token) are held in the vault, which is used to guide liquidity and on-chain activity.

Therefore, the path taken by Mantle is different from other chains such as zkSync, Arbitrum, and Base because Mantle uses an airdrop mining strategy. In addition, Mantle has adopted additional incentives to attract new users.

Phase 1: Gaining Momentum (Now)

To understand the Mantle ecosystem, you must keep track of all project dynamics.

Mantle will become the LSD chain Cooperation with innovative protocols Shitcoin + DEX 1.1 becomes the LSD chain

Mantle’s proposal to stake 200,000 ETH (about $360 million) on the LSD protocol has just been approved. This means that they will use the ETH in the Mantle vault to work with Lido and others to create a native staking version of ETH on Mantle.

1.2 Cooperation with Innovation Protocol

Mantle offers grants to invite top protocols to join the Mantle ecosystem. For example, Pendle will join Mantle. You can expect the incentivized PT-stETH pool to provide relatively higher yields. To view all the protocols in the Mantle ecosystem, you can visit their page.

1.3 Hot Coins + DEX

The Mantle team needs a preferred DEX for "speculators" (degen) to trade. There are potential protocols now:

AGNI Finance FusionX Finance iZUMi Finance

While some of these DEXs may not have native tokens yet, they are expected to be launched soon. Hot projects also play an important role in attracting degens to the Mantle ecosystem.

MINU token is a good example, which skyrocketed 30 times and made many people profit. It is expected that there will be more such opportunities in the future. However, it is crucial to pay attention to the risks.

Key actions in the first phase:

→ Monitor the issuance of new tokens to assess risks.

→ Consider using existing DEXs to participate in current incentive programs and evaluate the benefits of joining IDOs.

Phase 2: Protocol Collaboration and Innovation

This phase will provide opportunities to leverage innovative protocols that generate higher returns, such as leveraging strategies to earn yield on Pendle’s PT-stETH pool, fueled by the MNT token.

This phase will provide an opportunity to explore various combinations using the protocol. And, over time, the real winners will eventually stand out from the competition and shine. It will definitely be worthwhile to participate in the IDOs of these winners.

Key actions in the second phase:

→ Find a trustworthy protocol to increase production. I believe the chances of this happening are high.

→ Monitor the TVL growth of the Mantle ecosystem and identify potential winners. Then, if you think it’s worth a try, consider joining the IDO.

Stage 3: Snowball Effect

If the first two stages are achieved, the third stage will occur. The ecosystem will eventually become a narrative driver. You can compare what happened in the Arbitrum ecosystem between Q4 2022 and Q2 2023. Narrative hot spots come and go, following the trend.

Key actions for Phase 3:

→ Follow crypto bloggers. Discover new trends, enter the market early and profit.

Related reading: From DAO to Layer2, what are the technical advantages of Mantle?