New Paradigm: Leaderboard Reveal and NFT Rewards Explained
We’re thrilled to announce that we’ve surpassed $380m TVL, with 130,000+ ETH and $66m+ USDC, engaging more than 102,000 participants.
The New Paradigm event has been in full swing for two weeks. In approximately two more weeks (in early January), we will conclude the New Paradigm event, and rewards from this event (a total of 50M $MANTA tokens) will be claimable. Stay tuned for more details on the rewards claim. Please note that Manta New Paradigm rewards are rewards set aside exclusively for the ongoing Manta New Paradigm event. Stay tuned for more information about upcoming rewards for the Manta community.
New Paradigm NFT Leaderboard
We are excited to unveil the New Paradigm Leaderboard system. With the Leaderboard, you can track your current ranking and scan the ranks of the Top 200 participants and teams. Your rank is determined by the quantity and rarity of NFTs in your wallet address. The more NFTs you own (especially those of higher rarity), the higher your position will be on the leaderboard.
The top 200 participants will be displayed on the ranking leaderboard. The ranking is based on the quantity of the highest rarity, prioritizing “The 1st Modular L2” followed by “Tier1 Backers,” and then “Leaderboard Scores,” and so on and so forth. In the case of equal quantities, the ranking is determined by the time participants reach that quantity, with earlier achievers receiving a higher rank.
Apart from collecting NFT by opening Lucky Boxes, you can also purchase any NFT on an NFT marketplace such as Element and NFTb. Combining an entire set of these 6 NFTs will reward you with “The 1st Modular L2” NFT. Learn more about the NFTs and Lucky Boxes here.
The New Paradigm: NFT Rewards
The New Paradigm will distribute a total of 50,000,000 MANTA tokens airdrop, divided into two segments: Base Reward and Extra Reward. For details on the T6 NFT set collection “Modular NFTs,” and information about the rarest T7 NFT, “The First Modular L2 NFT,” please refer to our previous article: “Lucky Boxes Available Now: The Amazing NFT Rewards on New Paradigm.”
🎉Base Reward: 30,000,000 $MANTA
This portion will be distributed to T1-T6 NFT holders based on their rarity ranking.
Each of the 6 NFTs provides a varying level of rewards for New Paradigm based on their rarity (listed from least to most rare):
1️⃣ TiEr OnE bAcKeRs
2️⃣ LeAdErBoArD sCoReS
3️⃣ SeCuRe MulTiSiGs
4️⃣ LeGiT tEaMs
5️⃣ FiXeD hIgH yIeLds
6️⃣ l33t CoDeS
The reward weight increases for higher rarity NFTs, resulting in more MANTA tokens. Conversely, lower-rarity NFTs receive a reduced number of MANTA tokens. The quantity of the $MANTA token airdrop is related to the number and rarity of NFTs.
🎉Special Rewards: 15,000,000 $MANTA
15,000,000 MANTA tokens will be distributed to T7 NFT “The First Modular L2 NFT” holders. Every NFT will receive an equal distribution of the prize pool from a portion of the Special Rewards pool. 15m out of the 20m Special Rewards pool is allocated specifically for the T7 NFT holders.
🎉 Special Rewards: 5,000,000 $MANTA
Furthermore, the remaining 5 million $MANTA from the Special Rewards pool will go towards special activities distribution as well as partner support distribution.
- 4,200,000 MANTA tokens will be distributed to Defi projects supporting STONE/wUSDM on Manta Pacific, indirectly benefiting New Paradigm users.
- 800,000 MANTA tokens will be distributed to users from Wallet partners (OKX Wallet, Trust Wallet, Bitget Wallet, Bybit Wallet, etc.).
About Manta Network
Manta Network is the modular blockchain for zero-knowledge (ZK) applications. Manta Pacific is the modular L2 ecosystem for EVM-native ZK applications and dApps that want to deliver the lowest cost and best experience for users. Leveraging Manta’s Universal Circuits to enable ZK-as-a-Service and Celestia’s data availability for modularity to deliver low gas fees, Manta Pacific offers the perfect environment for ZK-enabled applications. Learn more about Manta Pacific here.
Manta Network was created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand. Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital. It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Xcelerator. Manta Network is poised to bring the next generation of web3 users and usher in a new chapter of ZK-focused web3 applications.
