Mantle is the Yield Chain - check it out!

in #mantle20 hours ago

Why are you an active user on Steemit? Because you like blogging, and because you want to be rewarded for posting and sharing content on the platform. I feel the same way! I could write and publish content on different platforms, but the fact that I earn actual money publishing here makes it way more attractive than just publishing on Medium, Twitter, or other platforms.

But as I desire to generate income through blogging and cryptocurrencies, I must admit that lots of my attention has recently gone to the Mantle Blockchain. This is a layer two blockchain built on Ethereum, with extremely low fees, it is fast, and ByByt, the second largest crypto exchange in the world based on volume, is a partner and strategic partner and investor in Mantle. So, they have expertise, money, and more of such stuff to back the blockchain. And yes, if you are looking for yield, forget about Arbitrum, Binance Chain, and all the other chains... you need to look in the direction of Mantle... the yield chain!

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Mantle - the Yield Chain!

Before Christmas a large event took place on Mantle... the Mantle Yield Lab. It was a simple encouragement to use the different protocols running on the blockchain, and by doing so, you gathered points and were rewarded. Yesterday, I received more than $300 worth of tokens simply because I took part and did my daily tasks on the different protocols.

At the same time, I can stake my MNT tokens (Mantle) at any time and be rewarded with interest and rewards in several other tokens. And as you dig into the blockchain, you will see that there are so many rewards you can enjoy. Instead of just staking Ethereum, you can receive Eigenlayer points by holding mETH on Mantle. But, if you want even more rewards, then you can change it to cmETH, and you will receive not only EigenLayer points, but also points that will reward you with COOK tokens.

Doesn't that sound cool? Join the event by using my link which will give you 10% additional rewards as you stake your cmETH and/or your mETH tokens. Complicated? Not at all!

Did you know that Merchant Moe is the biggest protocol on the Mantle Network? It has the highest number of daily active users (DAU) and it is by far the coolest place for trading, but also for experiencing high yields. The MOE token, the native token of Merchant Moe, can be staked and give you amazing rewards by staking and voting, but imagine that by adding MOE and MNT tokens to the MOE/MNT liquidity pool on the platform, you can currently enjoy a yearly APY of approximately 100%. And if you cash out frequently and add the rewards back into the liquidity pool, then those rewards can get much higher.

And this is a no-brainer... if you believe in Mantle, then you believe in the MNT token. If you believe in Mantle, then you also bet on the fact that the best and most popular DEX on the platform, Merchant Moe, will increase in value. So, betting on MNT is betting on MOE, and thus, adding funds to the MOE-MNT liquidity pool is a true no brainer.

I truly suggest that you take a closer look at the yield chain (Mantle) and visit the different links I have included below. They will all help you understand more, and if you want to learn even more, I suggest visiting the Merchant Moe DIscord, the nicest place on earth for a nice conversation, for lots of fun, and for being inspired, challenged, and to taste bagels of all sorts!

Useful links

Cheers! If you have comments or questions, write them below!

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