How to bridge/swap/stake $MANTA
@MantaNetwork just had an impressive launch with huge TVL & trading volume! However, many users are still confused about the asset transferring between Manta Pacific & Manta Atlantic. This is a detailed thread guiding you how to bridge/swap & stake $MANTA. Check it below!
To bridge $MANTA, make sure you've got enough $ETH on #MantaPacific for gas fees & prepare a Polkadotjs acc. - Visit http://app.manta.network/bridge - Connect ur MetaMask & Polkadotjs - Choose the network: Pacific -> Atlantic - Enter the amount of $MANTA - Proceed with the transfer
…That's all, with these simple steps, your $MANTA will be available on the Atlantic network. So what can you do with your $MANTA ? Simply stake your tokens & enjoy huge APY up to 100%.
In case you want to swap $MANTA to other assets, you can use Mantadex if you have $MANTA on Manta Atlantic or @stellaswap if you have $MANTA on @MoonbeamNetwork. To stake $MANTA, pls note that your tokens must be in Atlantic network.
…Follow these steps:
- Visit: http://app.manta.network/staking
- Connect your Polkadotjs wallet
- Choose your favorite collator
- Choose the amount you want to stake
- Staking & Chillllll
Each collator can only accommodate up to 100 wallets, so check the min stake amount to make sure you don't get kicked out of the top. Staking rewards will be send to your address every 6 hours. Unstaking process will take a period of 7 days to complete.
…For more details, check http://manta.subscan.io. You can also earn more yields by lending $MANTA on platforms such as: Layerbank, Shoebill, Keom, Zerolend, Cedro Finance.
Last but not least, there's rumor going round that staking $MANTA will bring users many benefits. So why $MANTA hodlers should consider staking? - Contribute to network security & development - Enjoy very good APY in the early stage. - Get airdrops? Not sure but worth a try.
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