1. What does it mean to 'pre-fund my account?

Pre-funding your account is a process referring to depositing assets into your Mantis Account before the official launch of the Rollup on mainnet. By doing so, your assets start earning native yield right away, and you position yourself to receive additional rewards and bonuses that are available to early participants. These rewards are collected as Mantis Credits. Your Mantis Account will be used to access DeFi on from anywhere when we launch the full application.

2. What types of assets can I deposit?

Round 1 allows deposits of SOL, Solana-based liquid staking tokens, and native stablecoins. Round 2 will open up deposits for all other assets, including various altcoins, from 80+ other chains.

3. Why should I pre-fund my account?

Pre-funding your account during the Deposit Phase allows you to maximize your potential rewards by earning native yield on your assets from the start. Early depositors receive daily accruing bonuses, which means the sooner you participate, the greater your potential rewards.

4. What happens to my funds after I pre-fund my account?

Once you pre-fund your account, your assets are staked to the bridge contract and begin earning native yield immediately. Depending on the assets you’ve deposited, they may be staked to Solana network validators or lent out on MarginFi to generate returns. You’ll also start accumulating Mantis Credits, and you can earn additional rewards through multipliers by completing tasks on Mantis.app.

5. What rewards do I earn?

By pre-funding your Mantis account, your assets earn native yield. Throughout Mantis Season 2 you will earn native yield, accumulate Mantis Credits, and have opportunities to receive additional rewards via multipliers.

6. What does native yield mean?

Native yield refers to the rewards users earn on their assets on the Solana L1 whilst operating on the Mantis L2. All assets in Round 1 are routed to MarginFi, allowing users to earn yield on their tokens by lending them out. Sources of yield:

• SOL converted to jitoSOL which generates PoS yield. This jitoSOL amount is then deposited into MarginFi and thereafter the Picasso Restaking layer.

• Stablecoins and LSTs are deposited into MarginFi and a representation of this stake is restaked in the Picasso Restaking Layer for additional yield.

7. How do I view my yield earned on deposits?

If you’ve deposited a stablecoin or liquid staking token eligible for native yield, your token balance will automatically rebase after the launch of the rollup. For deposits of SOL or jitoSOL, you can access and view your yield earned at any time when you choose to withdraw your tokens.

8. What are the different ranks (Shrimp, Fish, Whale, GigaWhale)?

• GigaWhale: This rank is reserved for users who are in the top 5 of the leaderboard.  15,000,000 Mantis Credits will be distributed to the Giga Whales in order of the overall ranking.

• Whale: Users who have deposited $100,000 or more.

• Dolphin: Users who have deposited between $10,000 and $99,999.

• Fish: Users who have deposited between $5,000 and $9,999.

• Shrimp: Users who have deposited less than $5,000.

9. When can I Withdraw?

During Mantis Season 2, after you pre-fund your account, your funds can be withdrawn at any time; however, your rewards will be slashed proportionally. For example, if you have earned 100 Credits based on your deposit and decide to withdraw 50% of your deposit, 50 Credits will be slashed from your rewards. Further, you will not be able to claim any native yield until the launch of the rollup.

10. Do you have a Referral Program?

Yes, Mantis has a referral program specifically for referred liquidity which consists of the following structure:

• Direct Referrals: Earn a 14% bonus on points generated by your direct invites.

• Secondary Referrals: Earn a 7% bonus on points generated by the invites of your direct referrals.

• Referral Cap: Rewards are capped at two levels—primary (direct) and secondary referrals.

11. When will you launch?

The exact launch date of the Mantis Rollup will be announced as we get closer to completion. We’re working diligently to ensure that everything is in place for a smooth and successful launch. Stay tuned to our official channels for updates on the launch timeline.