Mantle Network
@0xMantle
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Building the liquidity chain of the future β driving capital efficiency in the on-chain economy.
Joined April 2021
π Heads up, yappers! Weβve got a new home β follow @Mantle_Official for fresh updates and exciting news on both Mantle (all our core pillars) and Mantle Network developments. @0xMantle is staying up, but the big stuff will be happening on the new account. Donβt miss out!
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It's Official: Mantle Mainnet is Live! π Mantle Network is now open to all blockchain users, from developers to users. We are thrilled to achieve this significant milestone and express our gratitude to every community member who got us here! π« π https://t.co/VWWrvmHcmy
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2/2 Due to the potential for increased slippage, we urge caution trading BIT while liquidity is low. The BIT to MNT migration app and MNT-USDT and MNT-ETH pairs will be available later today.
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1/2 Important PSA β οΈ We'd like to notify the $BIT community that the majority of LPs for BIT-USDT and BIT-ETH pairs have been removed from major on-chain and decentralized exchanges in anticipation of the BIT to MNT migration happening on July 17.
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[PASSED] MIP-24: Mantle EcoFund β‘οΈ Full proposal: https://t.co/giPtjC5x2w β‘οΈ Snapshot: https://t.co/2EKS6g5pte
forum.mantle.xyz
The proposal is co-authored by Mantle Core Team and Mirana Ventures. Background Mantle is a high-performance Ethereum layer-2 network built with modular architecture; and aligned with BitDAO strate...
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The countdown has begun. The first transmission reveals an amazing modular world packed with resources that upgrades by literally shifting the earth. Share and comment π for a chance to become one of the first citizens of Mantle.
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Cast your vote: MIP-23 π³ $BIT holders, it's time to vote. π The proposal covers the non-conversion of 3 billion $BIT and what will happen to these tokens. Click the link below to vote on the future of Mantle Network: π‘
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2οΈβ£ Non-converted $BIT tokens will be sent to the nominated burn address. For additional details on this address please refer to the following research article: https://t.co/atlGsbE0o3.
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By voting "Yes", you endorse the following terms: 1οΈβ£ Non-conversion of 3 billion $BIT tokens: 3bln $BIT currently held in Mantle Treasury will not be converted to $MNT. This will effectively reduce the fully diluted supply of $MNT at launch by 3bln tokens when compared to $BIT.
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This proposal is triggered by the upcoming deployment of $MNT token as authorized by BIP-21 and MIP-22. We received a lot of community feedback regarding the high fully diluted supply of $BIT and $MNT. This is an opportunity to optimize numbers before the $MNT token launch.
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MIP-23: $MNT Supply Optimization in Preparation for Launch Vote here:
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π― Mantle has communicated target delisting dates for $BIT and target listing dates for $MNT with multiple exchanges where $BIT is currently traded. βοΈ Please note the dates are based on estimations, as the team works hard to deliver #MantleNetwork Mainnet. #BuildonMantle
π£ #Bybit will be supporting the BitDAO ($BIT) Token Conversion to Mantle ($MNT) Starting on Jun 22, 2023, Bybit will support Mantle in facilitating the conversion of #BIT to #MNT tokens. Learn more here: https://t.co/gQoP1e0Kwj
#TheCryptoArk
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The intended result will be changes to branding and structuring that lead to the greatest long-term token holder prosperity, provide the greatest chances of success for core protocols (e.g., Mantle Network), and preserve the governance and economic rights of token holders.
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4οΈβ£ A DEX liquidity pool for $MNT-ETH may be created, utilizing the proceeds from the deconstructed $BIT-ETH pool, and with reference to the intent of BIP-10. 5οΈβ£ A temporary conversion treasury may be established to provide support for the token creation and conversion process.
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3οΈβ£ The Mantle core contributor team shall be authorized to determine the optimal timing and sequence for the delisting of $BIT tokens, listing of $MNT tokens, opening of conversion channels, and the Mantle Network Mainnet.
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With the passing of MIP-22, the following actions will be taken: 1οΈβ£ The Mantle token, $MNT, shall incorporate functions analogous to the "Upgradability" and "Mint" functions of $ARB and $OP. 2οΈβ£ The one-way token conversion ratio shall be set at 1 $BIT token to 1 $MNT token.
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[PASSED] MIP-22: Mantle Token Design, Conversion Parameters, and Asset Handling β‘οΈ Full proposal: https://t.co/nSW4qYI2jn β‘οΈ Snapshot: https://t.co/dNEWvVDiej
forum.mantle.xyz
This proposal is co-authored by Cateatpeanut and the Mantle Network team. Context BIP-21 has approved the brand and token merger, with pre-authorization for a token conversion plan. It is recommended...
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β° Reminder: $BIT Delegates, don't forget to vote on MIP-22: Mantle Token Design, Conversion Parameters, and Asset Handling Voting ends Jun 7, 2023, 7:57AM UTC Vote here: https://t.co/dNEWvVDiej
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Following BIP-21, #BitDAO will gradually merge with #Mantle Ecosystem. You can check the status of key items, and any required user actions, here: https://t.co/zxtTTMRVIP β
Delegation Tool β
Forum π³οΈ Token Conversion π§ Treasury Monitor π§ Snapshot π§ Documentation π§ Blog
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