The metamorphosis of Mantis has commenced, ushering in the next stage of the evolution. As we close the chapter on a successful Waitlist Phase, Mantis is now primed to engage with the community in the Pre-Funding Phase. In this blog, you will learn how to start your journey towards earning Mantis Credits if you’re new to the community.

Mantis: Breaking Free from Cross-Chain Limitations

The Mantis Protocol is a Solana L2 designed to deliver chain-agnostic, optimized intent settlement. It operates through a set of rules and processes that govern cross-domain intent execution, handling the complexities behind the scenes so users can focus on their goals. Now, let’s explore the [1] Mantis App and [2] Mantis Rollup that bring this vision to life.

https://www.mantis.app/

The Mantis App is your direct access point to the Mantis Protocol, offering a user-friendly interface for submitting intents. Whether for single-chain or cross-chain swaps, the app simplifies the process, with the protocol handling all the complex execution behind the scenes. When the v1 version launches, users will be able to submit intents for optimized execution, enabling precise and efficient asset swaps across different blockchains.

Later, upgrades of the application will introduce additional features, such as allowing users to submit their intents on X via Solana Blinks, intent sharing and copying trades, smart money feed, and more features that help users maximize the potential of their assets and token holdings.

The Mantis Rollup is the core infrastructure of the Mantis Protocol, functioning as a Layer 2 (L2) solution on the Solana network. The core infrastructure of the Mantis Protocol functions as a rollup on top of Solana. By utilizing an SVM rollup architecture, Mantis delivers enhanced scalability and privacy alongside Solana's core strengths of speed and finality.

The Mantis Rollup is meticulously designed to manage the intricate backend processes by implementing and utilizing features such as bridge contracts, IBC interoperability, L1 security, and light client finality. All these features allow the Rollup to provide users with a seamless yet reliable and secure experience for their transactions. In simpler terms, aping into the newest meme-coin or participating in the next hot-yield farming opportunity should not be such a complex headache. Mantis fixes this and allows any asset swap to become as simple as expressing your desire to do so.

For more in-depth information on Mantis we encourage you to check out our documentation at docs.mantis.app as well as the blog that breaks down the Mantis Protocol, App, and Rollup in more detail.

In the Mantis universe, every upgrade is a transformation—a metamorphosis aimed at bringing additional value and utility to our community. During the Waitlist Phase, over 22,000 participants joined the realm, bringing with them around $12,000,000 in assets.

In gratitude for the early support, all Waitlist Phase participants now have exclusive early access to pre-fund their accounts one week before the public. This headstart comes with a 1.5x boost to your Mantis credits for the first week of deposits. Additionally, the boost increases to a 2x multiplier for the top 100 users on the waitlist leaderboard, calculated by the $ value of their Waitlist assets. These boosts give all Waitlist Phase participants a powerful advantage as Mantis progresses into further exciting phases.

The Pre-Funding Phase is your chance to join the foundational journey of Mantis and is currently exclusively available for the next 7 days to those who participated in the Waitlist Phase. After 1 week Pre Funding will be open to everyone.

Early Mantis realm explorers who have joined the Mantis Waitlist Phase are now eligible to receive Credits (post deposit), honoring the enthusiasm and support for the expansive vision of the Mantis realm and protocol.

🤫TOP SECRET 🤫 if you’re new to our community and missed the Waitlist Phase, there may still be a chance to get involved early! Read the ‘New to Mantis’ section of this blog to learn how you can be recruited to the Pre-Funding Phase!

Those who participated in the Waitlist Phase are now able to connect their wallet and deposit assets to the rollup.

In this phase, users are given the ability to fund their Mantis Account on the rollup prior to its mainnet launch. These assets will be used to earn native yield: SOL will be staked with Solana network validators, while Solana based liquid staked tokens and native stablecoins will be lent on Marginfi and a representation of this stake restaked on Picasso's Restaking Layer.

Deposit Round 1: Initially, pre-funding your account allows you to deposit SOL, Solana LSTs, Solana-native stablecoins, earning native yield and Mantis Credits.

Deposit Round 2: Mantis will soon open the gates to a wide range of assets from Solana, Ethereum, and Cosmos, further expanding your opportunities for yield and rewards.

Participation Benefits: Pre-Funding Phase participants will be eligible for MantisCredits:

• Direct Referrals: Users earn a 14% bonus on points generated by their direct invites.

• Secondary Referrals: Users earn a 7% bonus on points generated by the invites of their direct referrals.

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

• Multipliers: Receive weekly multipliers on your points via deposit levels on the dApp. Multipliers start after the first week of launch.

  • $0 to $5k - 1x multiplier

  • $5k to $10k - 1.25x multiplier

  • $10k to $100k - 1.5x multiplier

  • $100k + - 1.75x multiplier

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.

Waitlist Leaderboard: Participants from the Mantis Waitlist Phase will have additional multipliers on their first week of deposits:

• Top 100 leaders: 2x multiplier

• All users: 1.5x multiplier

By participating now, you’ll be positioning yourself for the launch of the Mantis Rollup and the full Mantis Application. Your early involvement not only helps secure the future of cross-chain DeFi but also unlocks exclusive Credit rewards and bonuses.

To help you navigate this exciting phase, we’ve created a detailed guide that walks you through the pre-funding process here.📚

If you missed the Waitlist Phase, don’t worry—it’s not too late to join the Pre-Funding Phase! You can still participate early by securing a referral code from someone who was part of the Waitlist Phase. It’s a win-win: you get access to the Pre-Funding Phase, and the person who refers you earns additional % from your Credit earnings—without taking anything away from you! Once you’re in, the journey begins and you also receive access to your very own referral code that you can distribute.

Check the referral program overview in the section above for more info. Every day, 500,000 Mantis Credits are distributed among participants, with calculations based on user deposits that happen every x minutes. The sooner you dive in, the greater your Mantis Credit rewards will be. So, find a referral code, pre-fund your account, and start earning Credits today!

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.

As of now, these deposits are made to our bridge contract. These assets will not appear in the rollup until the rollup has launched.

Your final balance at the final block of Solana before rollup genesis will be your amount of assets on the rollup.