Project Overview
Guide
How do I claim $COOK rewards?
After users migrate to V2, they will be able to claim $COOK after TGE.
The primary goal of the Metamorphosis campaign is to earn the $COOK airdrop. There are two strategies to earn the airdrop, ranging from easy (simple staking) to complex (yield farming on L2 DApps). Here's a step-by-step guide.
Strategy 1: Staking $MNT Tokens [Level: ☆☆☆★★]
$MNT is the native token of the Mantle network. This method is straightforward, especially if you have limited experience in DeFi.
Acquiring $MNT Tokens:
- Withdraw $MNT tokens from platforms like Bybit directly into your MetaMask wallet.
- Make sure to switch the network settings to Mantle Network.
Locking $MNT Tokens:
- Go to Mantle Rewards Station
- Choose a lock period based on your preference. You then have the option to either lock your tokens for a specified period or go for a flexible lock. Longer lock periods can yield higher rewards.
- Confirm the lock, and you should see an increase in your Mantle Power (MP).
- For example, locking 10,000 $MNT tokens can boost your Mantle Power (MP), which in turn increases your $COOK distribution.
Monitor Your Rewards:
- Check your Layer 2 holdings and daily powder rewards.
- Use the Housing Earn page to see additional campaigns that offer higher multipliers.
Strategy 2: Yield farming with $mETH Tokens [Level: ☆★★★★]
$mETH is a liquid staking token for Ethereum on Mantle. This is recommended to $ETH holders, as it allows you to double-stake and accumulate multiple types of rewards.
Convert $ETH to $mETH:
- Switch your network to Ethereum.
- Stake Ethereum to get METH tokens. You'll notice a small discrepancy due to pre-included rewards.
Bridge $mETH to Mantle Network:
- Use the bridge function to transfer $mETH from $ETH to Mantle Network. This incurs some fees, so plan accordingly.
Monitor Your Holdings:
- Check your Layer 2 holdings and daily powder rewards.
- Use the Housing Earn page to see additional campaigns that offer higher multipliers.
- The earlier you get into the campaign, the more benefits you can accumulate over time. If you're looking to maximize your "powder" rewards, pay attention to campaigns with higher multipliers but weigh the risks of impermanent loss.
Conclusion
The Metamorphosis campaign offers an exciting opportunity for crypto enthusiasts to earn significant rewards through strategic staking and locking of tokens. Stay tuned for more updates and detailed guides to ensure you don't miss out on any part of this lucrative airdrop event.
See the latest tutorial: Lock $MNT on Mantle & Collect Your Share of 200 Million $COOK
Latest X Summary
Mantle Network & mETH Protocol: Your Airdrop Hunter's Bulletin!
The Mantle Network ecosystem is buzzing with activity, and for airdrop hunters, that means a continuous stream of opportunities to earn rewards and secure potential allocations! While this report focuses on mETH Protocol, it's crucial to note that many of the most promising opportunities originate directly from the broader Mantle Network, where mETH Protocol is a significant participant.
Here’s your essential guide to the latest and greatest from Mantle, ensuring you don't miss out on what's cooking!
What's Hot for Airdrop Hunters?
Mantle is committed to rewarding its community, with several initiatives designed to put your $MNT tokens and ecosystem engagement to work. From dedicated reward programs to new product launches, there are multiple avenues to boost your potential earnings.
Key Opportunities & Events for Mantle & mETH Ecosystem
| Event/Opportunity | Details | Status/Deadline | Important Links |
|---|---|---|---|
| MNT Reward Booster S3 | This ongoing rewards program is a primary mechanism for incentivizing participation within the Mantle ecosystem. Engaging with this booster is key to accumulating points or rewards that often serve as a basis for future airdrops or distributions. Don't miss out on this season's rewards! | Ongoing, Ends Oct. 6 | Mantle Memo |
| Stacking Mantle Points (MPs) | Mantle has explicitly highlighted a simplified process for earning rewards by accumulating "Mantle Points." You can put your $MNT tokens to work and start stacking MPs by locking them directly on the Mantle Rewards Station. This is a direct path to accruing potential airdrop eligibility. | Ongoing | Stack MPs<br>Mantle Rewards Station |
| mETH Protocol's Cooking Bad Campaign | mETH Protocol is currently running its "Cooking Bad Campaign." While the precise reward mechanisms weren't fully detailed in the recent tweets, participation in such ecosystem-specific campaigns often leads to exclusive NFTs, token allocations, or other unique forms of airdrop eligibility. This campaign is explicitly listed as an ongoing opportunity within the Mantle ecosystem. | Ongoing | Mantle Memo<br>Cookathon 03 |
| UR Invite Codes & Weekly Lottery | Mantle recently launched "UR," a new product or platform, by distributing exclusive invite codes. Securing an invite code not only grants you early access but also automatically enters you into a weekly $3,000 prize lottery. More codes were recently dropped during a livestream on July 22, so keep an eye out for future distributions if you missed out! | Ongoing (Lottery) | UR Invite Codes<br>Weekly Lottery |
| Bybit Megadrop with $MNT | For those holding $MNT, a recent opportunity to participate in Bybit's Megadrop concluded on July 22. This event allowed users to leverage their $MNT tokens to claim a share of rewards. While this particular event has ended, it serves as a strong indicator of the continuous stream of reward opportunities available for dedicated $MNT holders through various channels. | Concluded: July 22 | Bybit Megadrop |
Ecosystem Synergies: Broader Airdrop Potential
Mantle Network is actively expanding its influence by fostering strong relationships with numerous decentralized applications and protocols. The network recently highlighted "other ongoing events" with partners such as InitCapital, Lendle, and WooFi. While specific airdrop details from these third-party protocols weren't disclosed, engaging with these projects on Mantle Network could unlock additional ecosystem-specific rewards down the line.
Stay Ahead of the Curve!
To maximize your airdrop potential within the Mantle and mETH Protocol ecosystem, we highly recommend staying tuned to Mantle's official channels. Actively participate in ongoing campaigns, explore new dApps built on the network, and make consistent use of Mantle's Rewards Station to accumulate points. The landscape is dynamic, and proactive engagement is your best strategy for securing your share of future rewards!
