Get Ready to Win: Join MNT ByStarter by Mantle Network for Project Tokens

Key Points

• MNT ByStarter has two offerings: Whitelist Genesis Offering and Public Genesis Offering, where participants can commit USDT to enter and have a chance to win MNT tokens.
• To participate in both offerings, users must hold a minimum of 100 $BIT and 200 $USDT in their Bybit account and complete KYC level 1.

Mantle Network, an L2 solution compatible with the Ethereum Virtual Machine, is introducing the MNT ByStarter, an opportunity for participants to win project tokens. This article provides an overview of the requirements, allocation details, and important dates for those interested in participating in this exciting opportunity.

Mantle Network is an L2 compatible with the Ethereum Virtual Machine, utilizing optimistic rollups and an improved data availability solution to reduce computation load on the Ethereum Mainnet and boost throughput at a lower cost.

The MNT ByStarter has two parts: the Whitelist Genesis Offering and the Public Genesis Offering. By making a commitment of 100 USDT starting July 6, 2023 at 10 AM UTC, you can enter to win a share of the project token. Winners are chosen at random throughout the Allocation Period, and at the conclusion of the Allocation Period, your committed USDT is refunded to your Funding Account.

Bybit VIPs earn more tokens in the Public Genesis Offering, while BIT holders who hold 100 BIT and 100 USDT until the Snapshot Periods are eligible to participate in both offerings.

Whitelist Genesis Offering

• Committed Token: required to hold 100 $USDT and hold at least 100 $BIT
• Total winners 12,500 people: 200 tokens each $MNT
• Total Allocation: 2,500,000 MNT
• Time to take a snapshot of assets: Jul 5, 2023, 12AM UTC
• Registration time: Jul 6, 2023, 10AM UTC – Jul 11, 2023, 6AM UTC
• Announcement of results: Jul 11, 2023, 9AM UTC
• Token distribution: Jul 17, 2023, 6AM UTC – Jul 17, 2023, 9AM UTC (3 hours)

 Public Genesis Offering

• Committed Token: 100 USDT
• Total winners 2,500 people, 1,000 – 2,200 MNT per user
• Total Allocation: 2,500,000 MNT
• Registration time start on 12th July
• Announcement of results: Jul 17, 2023, 6AM UTC
• Token distribution: Until Jul 17, 2023, 10AM UTC

Note when participating:

• Hold a minimum of 100 $BIT and 200 $USDT to participate in both of the above promotions (only win 1 out of 2).
• Your Bybit account must complete KYC level 1.
• Note the Bybit account snapshot timeline.
• In addition, account holders with Bybit Vip will receive more tokens if they win.
• From July 17, 2023, all $BIT in your Bybit account will be automatically converted to $MNT.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Tommy

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