Mantle Launch — $MNT Grant and Incentives

3 min readApr 22, 2024

We are thrilled to announce our full incentives program, marking the deployment of our full trading platform and features on Mantle.

In addition to the previously announced incentives, IntentX has received a 250,000 MNT grant, which will be entirely distributed to traders on our platform!

We are working hard to ensure IntentX is the most rewarding DEX to trade at, and this introduces strong incentives on our home-base — Mantle Network.

IntentX now has a new “Incentives Dashboard” to view all ongoing programs: https://app.intentx.io/trader-incentives

Mantle Grant Details:

We are receiving a total 250,000 $MNT Grant, allocated to:

MNT Blitz Minigame — 100,000 $MNT:

Mantle Blitz is a gamified trading experience intended to incentivize daily active users in a novel way. Available on Mantle Network only.

Guess the correct price direction for BTC over a 10 second window and win MNT prizes!

Game Attempts: Users receive one game attempt per $2.5k+ value position traded daily, up to a maximum of 3 games.
Win Streak Rewards: Rewards scale with win streaks, ranging from 1–2 MNT for a single win to 10–15 MNT for seven or more wins. Keep your win streak up to win more!
Duration: The Blitz game incentives will continue until the total grant amount is depleted, ensuring widespread participation.

MNT Fee Rebate — 150,000 $MNT:

The fee rebate is intended to reduce friction and costs to start trading on IntentX and maximally reward our regular protocol users!

Trade Fee Reimbursement: Traders are reimbursed for 50% of their platform fees incurred, claimed daily in MNT.

Duration: The Fee Reimbursement incentives will continue until the total grant amount is depleted, ensuring widespread participation.

Summary of Current Incentives Programs:

INTX Airdrop Points — All Chains

Earned by trading on IntentX, based on volume
Claimable as xINTX on Mantle upon TGE

2. Mantle Blitz Minigame — Mantle Only

Attempts to play are earned by trading daily on IntentX
Claimable as MNT on Mantle

3. Mantle Fee Rebate — Mantle Only

Earn a rebate up to 50% of your daily trade fees paid on IntentX.
Claimable as MNT on Mantle

4. USDe Sats Campaign — Mantle Only

Earn 20x Sats / day / USDe deposited on IntentX on Mantle
Details to claim will be provided by Ethena

5. Blast Points and Gold — Blast Only

100% of points and gold accrued by IntentX on our Blast L2 deployment will be distributed to traders on Blast
Details to claim will be provided by Blast

Conclusion:

With these initiatives, we aim to foster a vibrant and active community on Mantle, encouraging both new and existing users to engage deeply with our platform.

We trust that by focusing on rewarding our users with tangible incentives, we will achieve meaningful and sustained growth within the Mantle ecosystem.

Join us as we embark on this exciting phase, shaping the future of trading on Mantle with innovation, integrity, and community at the forefront of our efforts!