Thread by @AssetMantle

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Launching $MNTL tokenomics for the Mantle Army.
A 🧵-

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$MNTL Token Utility-

The $MNTL token will govern & can be staked for MantleChain security. It supports the MantlePlace transactions: minting, trading, royalties, & fees. The token will help bootstrap genesis creators, provide liquidity & enable retroactive rewards & airdrop

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Governance-

On-chain governance proposals can be created through the $MNTL token & holders can vote on proposals with their staked $MNTL.

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Chain Security-

Token holders delegate tokens to validators they choose. Delegators are incentivized for active participation in the consensus.

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$MNTL Supply & Rewards-

Post an inflationary schedule, token supply facilitates NFT incentives, community rewards distributions & staking to increase network security. Inflation halving every 2 years rewards stakers with best staking yields for their contributions & support.

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54% of the initial circulating supply will be airdropped to the community!

Read more- bit.ly/3JYho2C