TLDR Crypto · MISCELLANEOUS

MANTA PLANS TO WIN BACK CAPITAL AFTER FLEEING AIRDROP HUNTERS DRIVE 52% PLUNGE

dlnews.com4 min read

Summary from the TLDR Crypto newsletter

The Manta L2 chain saw a $250 million decrease in total value over the past week after it enabled withdrawals for STONE and wUSDM. These two assets were used for airdrop farming during Manta's New Paradigm campaign, which rewarded users with MANTA tokens for bridging onto the chain. Co-founder Kenny Li remains optimistic, promising technical upgrades and campaigns to reignite interest in the chain.