Celebrating Minterest’s Mantle Launch: $MINTY Tokens & Other Prizes are up for Grabs!
To celebrate the Minteret Mantle Moonshot launch, a prize pool of 66,000 MINTY and additional rewards are up for grabs!
To participate, you must tick off a few simple tasks, such as setting up a Galxe account, minting a Mantle Soulbound NFT, and completing Minterest’s Galxe quests.
Let’s look at what you need to get started and how to earn your prize share.
Mint Your Mantle Journey Soulbound Token
The Soulbound NFT gives you access to a unique Mantle identity. It’s an open-access and performance-based program designed to reward users. Mantle Journey indexes your activities and interactions on Mantle Network, both on-chain and off-chain and converts them into journey miles. Your Mantle Journey (MJ) Miles will unlock numerous benefits in the Mantle Ecosystem.
To mint the NFT, navigate to the Minterest x Mantle Galxe page and follow these steps.
- Connect your web3 wallet and select the Mantle blockchain.
- Click the Mint Mantle Journey Soulbound Token (MJSBT) link.
- Click the Mint MJSBT button and sign the transaction in your wallet. Please note that minting requires a small amount of $MNT to pay gas fees.
- Once you’ve received your Soulbound NFT you can verify your social media account or accounts and customise your user profile.
You’re all set up and ready to start earning MJ Miles!
Journey mile points are awarded based on the completion of tasking. Simple tasks – such as executing transactions on Mantle – earn fewer points than more advanced tasks, such as participating in governance or interacting with verified protocols.
A full list of MJ tasks and their associated points can be found on the Mantle Journey website.
Now that you’ve minted your Soulbound NFT, you must verify yourself as a holder on the Mantle Discord channel. After accepting the Discord invite, complete the verification process by connecting the web3 wallet that your NFT is stored in.
There are currently 89,557 verified Soulbound NFT holders, so you’ll be in good company!
Social Media Verification
Time to share what you’ve been up to!
Connect your Twitter (X) account and click the ‘Tweet’ button. A popup will open with a pre-configured post verifying your account and providing your GalxeID.
Share the post, paste the link, and you’re good to go.
Minterest’s Galxe Quests
Congratulations, you’ve successfully completed the required tasks and are ready to start ticking off Minterest’s Galxe quests and earning rewards and yield!
Minterest has 8 Galxe tasks, ranging from social media engagement to governance participation and on-chain deposits. Here are some example tasks to get you started.
Social Media Engagement
By following Minterest on Twitter and liking and retweeting posts, you’ll stay up to date and tick off Galxe quests along the way!
You can see all the relevant posts to engage with here on the Galxe campaign page.
Deposits and borrows are now live on Minterest via the Mantle Network. Depositing into the wMNT market on Minterest is quick, easy, and a great way to earn high yields.
To access the site from Galxe, click on the “Detail” hyperlink pictured below for each on-chain task. This will take you directly to the Minterest application on Mantle.
- Click on the ‘Deposit in wMNT market’ link on Minterest’s Galxe quest page
- Select the wMNT market on the interface
- Click “Supply” in the top right-hand corner
- Confirm the amount you want to deposit
- See your deposit on the homepage UI
Here is a quick video guide on going through the lending process on Minterest.
That’s it; you’re now earning yield and have ticked off another Galxe quest!
Activating Governance Participation
Another quest on the Minterest list is to activate governance participation, which is as simple as toggling the slider when you deposit. Doing this makes you eligible to earn MINTY as a part of the buyback process.
With Minterest, 100% of protocol fees are used to buy back MINTY on the market. By staking your MINTY, you can receive these buyback rewards, which means more MINTY!
The video below shows a simple guide to toggle and approve the transaction.
04, January 2024