Manta Network has partnered with Solana meme coin project Bonk (BONK) to launch a meme-themed campaign on Manta Pacific starting July 10, 2024. This collaboration aims to make onboarding more engaging and accessible by integrating BONK’s community-building expertise.
Participants can earn rewards through the “Dual Citizenship” and “Active Participant Rewards” programs, with up to 690,000 MANTA tokens available. Eligibility requires staking at least 1 million BONK tokens and holding ETH or MANTA in a Manta Pacific wallet. Longer staking periods yield higher rewards.
The campaign leverages Manta Pacific’s zero-knowledge applications to reduce gas fees and improve user experience. This partnership follows the Manta Foundation’s launch of a $50 million ecosystem fund.
Although MANTA’s price was $0.8726 at the time of writing, analysts project it could reach $10 soon. This partnership is strategically important for expanding Manta Network’s web3 space.
