T & Mantle Carnival AMA: $500K Rewards Event

Event Details

On May 7, 2025, at 08:00 UTC, XT Exchange hosts a Space event featuring Gabriel Foo, DeFi Growth Lead at Mantle. With $500K in $MNT rewards, participants can win $300 via a giveaway (follow, like, RT, join the community, share UID) and $200 for asking questions during the AMA. This partnership highlights Mantle’s push to expand its on-chain economy while XT Exchange boosts its community engagement [XT Exchange X Post].

Recent News

Mantle has been making waves! In March 2025, they launched the Mantle Index Four (MI4), a unified financial services platform for Web3, enhancing user access to DeFi tools [Mantle Website]. Their $200M EcoFund continues to support developers, driving innovation in Ethereum’s L2 space with ZK proofs [CoinMarketCap].

Future Plans

Mantle aims to solidify its role as the “Liquidity Chain” with upcoming features like enhanced data availability solutions and modular architecture for better capital efficiency. Their roadmap includes expanding governance features for $MNT token holders, empowering the community to steer future products [Mantle Website].

Onchain Data

As of early May 2025, Mantle’s 24-hour trading volume sits at $97M, with $MNT priced at $0.7177, down 0.76% [CoinMarketCap]. While specific staking metrics aren’t available here, Mantle’s L2 network has been praised for reducing Ethereum transaction costs, a key draw for users [Mantle Docs].

Community Sentiment

X is buzzing with excitement! Users like @AshbornBigD and @tizzyvegas are setting reminders and sharing UIDs, showing strong engagement. The hashtag #Mantle is trending, with many eager for DeFi insights from Gabriel Foo [X Posts].

Impact & Insights

This event could boost $MNT adoption and spotlight Mantle’s DeFi solutions, potentially attracting new users to XT Exchange. With the crypto market favoring L2 solutions, Mantle’s scalability focus is timely. Risk Disclaimer: Always verify giveaway details to avoid scams.