Join the mETH and mUSD Holiday Raffle!

12/20/235 min read

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Join the mETH and mUSD Holiday Raffle!

Coming to you live from Mantle Moonshot — we're taking a break for the holidays and bringing you an exciting, holly-jolly Holiday Raffle for a whopping 97 $mETH and 115,000 $mUSD! Each winner will stand a chance to win up to 5 $mETH.

From Dec. 22, 2023, to Jan. 1, 2024, get ready for a total of five raffle rounds. 160 lucky winners will get their hands on Mantle's latest yield-bearing assets — and all you need to do is hold Mantle's native token $MNT (or $WMNT) on Mantle L2 or any participating L2 protocols (see last section) in your wallets.

Register for the Raffle

Win $mETH & $mUSD — Up to 5 $mETH per Winner per Round

Five raffle rounds, five rounds of winners! During the event period, five draws will happen respectively on Dec. 24, Dec. 26, Dec. 28, Dec. 30 and Jan. 1 at 10AM UTC.

On these dates, you can find the corresponding winning raffle ticket numbers on the Holiday Raffle page.

The number of winners and various prizes per winner are as follows:

You'll receive your rewards in your wallet within 14 working days of the event's end date.

ICYMI, $mETH and $mUSD are tokens that open the gateways to best-in-class native yield on Mantle — $mETH is a value-accumulating receipt token that you can earn from staking your ETH on Mantle's liquid staking protocol, and $mUSD is a rebasing version of $USDY, a tokenized bearer note backed by U.S. Treasuries and U.S. bank demand deposits, released by Ondo Finance.

Get Up to 15 Raffle Tickets — 15 Chances per Draw

Hold $MNT or $WMNT on Mantle L2 or any participating L2 protocols (see last section) in your connected wallet after registering for the event. We'll take the daily average of your holdings between the following periods via random snapshots that will occur during the event within a single round to determine how many tickets you'll receive:

  • Round 1: Dec. 22, 2023, 12PM (noon) UTC - Dec. 24, 2023, 7:59AM UTC
  • Round 2: Dec. 24, 2023, 12PM (noon) UTC - Dec. 26, 2023, 7:59AM UTC
  • Round 3: Dec. 26, 2023, 12PM (noon) UTC - Dec. 28, 2023, 7:59AM UTC
  • Round 4: Dec. 28, 2023, 12PM (noon) UTC - Dec. 30, 2023, 7:59AM UTC
  • Round 5: Dec. 30, 2023, 12PM (noon) UTC - Jan. 1, 2024, 7:59AM UTC

The average $MNT/$WMNT balance (daily) that'll determine the number of raffle tickets you receive per round = [Day 1 (Total balance) + Day 2 (Total balance) + Day X (Total Balance)] / (Total number of days for Round X)

*If you miss a snapshot, your balance will be reflected as 0.

Then, your total raffle tickets received will follow this table accordingly:

To ensure a fair chance for every participant, each participant can only receive a maximum of 15 tickets (plus an extra ticket, check the next section) per round.

Participate in 4 Easy Steps

  1. Register your participation in the event via the Holiday Raffle page, available on Dec. 22, 2023
  2. Make sure you have a minimum of 100 $MNT/$WMNT in your connected wallet
  3. Receive raffle ticket(s) based on your average $MNT/$WMNT holdings on Mantle L2 or any participating L2 protocols (see last section) across all days per raffle round
    • You must have a daily average of minimum 100 $MNT/$WMNT per round to receive tickets
  4. Check the main Raffle page to see if your raffle ticket won any prizes at the end of each round!

Top up your $MNT balance and increase your chances of winning $mETH and $mUSD from this raffle, you can get $MNT from our Mainnet Bridge, iZUMi Finance, AGNI Finance, Reax, FusionX, Uniswap and several other centralized exchanges such as Bybit, KuCoin, HTX (prev. Huobi), Gate, MEXC and more.

Top-Up Early

Get an Extra Ticket

Boost your chances of winning by getting one (1) extra raffle ticket when you share the event announcement to your community on X/Twitter!

You must click on the "Share" button on the landing page and publish the tweet on X/Twitter during any round to get an extra ticket.

Share Now

Participating L2 Protocols

$MNT/$WMNT held on the following protocols during the event period as stated above are counted: Butter.xyz, AGNI Finance, Circuit Protocol, Crust Finance, Esper Finance, FCON DEX, FusionX Finance, Galador, Gamma, iZUMi Finance, KTX.Finance, Mantle Swap, Pulsar Swap, Range Protocol, Reax, lendle.xyz, Solv Protocol, ToroSwap, Velocimeter, Clipper, Timeswap, XY Finance, Rivera Money, Teahouse Finance, Stargate Finance, Swapsicle and LogX


Terms & Conditions:

  1. Participants must register for the event for their participation to be counted — prior to registration, your $MNT or $WMNT holdings will not be counted. After registration, please note that $MNT or $WMNT has to be held on L2 (Mantle Network or participating protocols) to be counted.
  2. Holdings in wallets registered as sub wallets under Mantle Journey will not be counted. $MNT borrowed from other protocols will not be counted and will result in negative holdings.
  3. Participants must ensure that they have a daily average of minimum 100 $MNT or $WMNT per round to be eligible for that round's raffle. Winners are drawn by random selection, and only raffle tickets corresponding to the winning ticket numbers stated on the day of the draw can receive raffle prizes.
    • Daily Average $MNT Holdings Calculation Example: In Round 1, you hold 10,000 $MNT from Dec. 22 to Dec. 24 before the draw without any withdrawals or additional deposits, your average balance would be (10,000 + 10,000 + 10,000) / 3 = 10,000 $MNT. If you hold 10,000 $MNT on days 1 and 2, but add another 10,000 $MNT on day 3 and hold it up till the draw, your average balance would be (10,000 + 10,000 + 20,000) / 3 = 13,333.33 $MNT.
  4. If participants would like to get an extra ticket for every single round, they must share the event to their X/Twitter every round. Previous shares will not carry over to the next round.
  5. Winners will receive their prizes within 14 working days after the event's end date.
  6. The use of bots, cheating and multiple submissions will result in disqualification from this event. Sybil attackers will also be identified and disqualified. In the event a selected winner is disqualified due to these reasons, another will be selected in their place.
  7. If you have any questions, please reach out on our Discord channel.

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