Binance announced introducing the 44th project on Binance Launchpool, — Manta (MANTA), the modular L2 for ZK applications. The webpage will become available in approximately 5 hours, ahead of the official launch.

Starting from 2024-01-16 00:00 (UTC), users will have the opportunity to stake their BNB and FDUSD on separate pools to farm MANTA tokens.

Listing:

Upon completion of farming, we will list MANTA on 2024-01-18 10:00 (UTC), introducing trading pairs MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD, and MANTA/TRY. The Seed Tag will be denoted to MANTA.

Moreover, users previously distributed MA tokens on our platform will receive MANTA tokens at a 1:1 ratio.

MANTA Launchpool Highlights:

- Token Name: Manta (MANTA)
- Maximum Token Supply: 1,000,000,000 MANTA 
- Launchpool Token Rewards: 30,000,000 MANTA (representing 3% of maximum supply)
- Initial Circulating Supply: 251,000,000 MANTA (amounting to 25.1% of the maximum supply)

Staking requires KYC verification. User's hourly hard cap is 50,000 MANTA in the BNB pool and 12,500 MANTA in the FDUSD pool.

Support Pools include:

- Stake BNB (webpage coming in around 5 hours), with 24,000,000 MANTA in rewards (80%) 
- Stake FDUSD (webpage coming in around 5 hours), with 6,000,000 MANTA in rewards (20%)

Farming will occur from 2024-01-16 00:00 (UTC) to 2024-01-17 23:59 (UTC). In terms of farming distribution, the daily rewards for the BNB and FDUSD pools will be 12,000,000 MANTA and 3,000,000 MANTA respectively.