To start the new year blazing like a dragon hungry for its 2024 success, QuickSwap has officially kicked off Polygon’s 2024 Airdrop Season with its first ever airdrop! Privacy-focused blockchain platform Manta Network has just announced QuickSwap’s first airdrop, which dishes out a generous helping of tokens to users of Polygon’s premier DeFi suite. Unlike for many airdrops where tokens end up accruing very little value, the MANTA token is already highly liquid and has established a solid valuation, giving the Manta airdrop a great deal of promise for those that take advantage. – rewarding opportunities like Manta’s QuickSwap airdrop are rare indeed and QuickSwap is excited to finally reward its communities and users with its first official Airdrop!
Manta’s QuickSwap airdrop distributes MANTA tokens to QuickSwap users who have engaged in on-chain activities on Manta Pacific, Manta’s recently launched Polygon CDK chain, by executing trades and providing liquidity on the QuickSwap DEX (decentralized), and voting on governance proposals via the QuickSwap DAO. QuickSwap and Manta’s airdrop model is designed not only to reward active members of the existing QuickSwap community, but to give new users an opportunity to get involved and earn a sizable share of MANTA for themselves. This very powerful airdrop with far-reaching incentives proves that Manta Network is set on rewarding both Manta Pacific and QuickSwap users of past, present, and future.
Airdropping MANTA: The Breakdown
The Manta airdrop will be conducted primarily in two segments. The first segment is designed to reward on-chain activities, while the second hones in on liquidity providers (LPs). Regarding on-chain activities, Manta has spread incentives far and wide, setting aside 50,000 MANTA for users that previously participated in MantaFest, Manta’s five-week reward campaign that celebrated the Manta Pacific Mainnet Alpha launch. 10,000 MANTA were also allocated to QUICK holders who actively participated in on-chain governance via the QuickSwap DAO, while another 5,000 MANTA remain reserved for upcoming on-chain campaigns.
As generous as Manta’s on-chain MANTA allocation is, its liquidity-focused allocation raises the bar by an epic order of magnitude. The project has reportedly allocated 85,000 MANTA for LP mining rewards on QuickSwap, 50,000 MANTA for MANTA LPs, and an additional 50,000 MANTA for LPs providing MANTA, STONE, and wUSDM. Simply put, Manta Network recognizes the importance of liquidity on its newly launched Manta Pacific chain, and is giving its all to reward them accordingly.
The Fiery Drop Has Already Begun
Already, on-chain activity has shown that eligible users have claimed MANTA tokens of their own! At present, 200,000 MANTA have already been claimed by Manta Takeover participants, 75,000 MANTA were claimed by MantaFest users, and another 75,000 MANTA were claimed by MantaFest OAT holders. Web3 users are not wasting time cashing in and QuickSwap is ecstatic about their mutual enthusiasm for this event!
QuickSwap and Manta Network will be revealing more information about the MANTA token airdrop in the coming weeks. QuickSwap users can look forward to additional details on how to claim their MANTA tokens and any further requirements for eligibility.
No matter what kind of juicy incentives Manta Network drops next, the airdrop presents a unique opportunity not only for existing QuickSwap users to benefit from their past DeFi activity, but for new users to earn rewards by getting involved with QuickSwap in the future.