Learn about Mantle’s eco-innovation meme project Puff in one article

Author: B Chain Story

Puff is a very innovative way of playing Memecoin, which revolves around Mantle Staked Ether → mETH.

BTC has broken its previous high, Ethereum’s re-pledge track has attracted a large amount of funds, and Memecoin of tokens such as PEPE and DOGE have also Soaring all the way, the entire crypto market is filled with the smell of money! Currently, the greed and fear index has reached 90, which belongs to the extremely greedy range. The more carnival moments like this, the more cautious and calm we must remain, because chasing highs with FOMO emotions is the easiest way to get trapped at the top of the mountain.

A more cost-effective option at this stage is to settle down and ambush new projects. If the track, fundamentals, strength, gameplay, and popularity of the project are all available, you can try to participate in airdrops or the primary market.

Yesterday I saw the news on Rhythm that "the Mantle Ecological Meme Project Puff public casting event has officially launched", so I went to dig deeper. Based on three ideas, I would like to participate with a small amount of money!

1. Memecoin is currently the hottest track and the track with the strongest wealth effect. If you don’t dare to go up if it has already increased many times, it’s a good idea to try the first level of the new project;

2. Puff’s gameplay design is relatively novel. There are airdrop allocations to create popularity, including airdrops to the community and airdrops to some on-chain users;

3. A certain amount of funds are involved, There are also followers on Twitter.

Meme combines games and Stake

Puff is a very innovative Memecoin gameplay that revolves around Mantle Staked Ether → mETH. mETH is the LSD Token of the ETH re-hypothecation protocol Mantle. Mantle’s TVL has reached 1.8 billion US dollars and has been growing. The ETH staking return is 7.76%, which is obvious compared to Lido’s 3.4% staking return. Needless to say, the advantages.

Puff's game part is divided into six chapters. In the next three months, users can participate in each chapter to obtain up to 6 mysterious potion recipes. Each recipe can summon more Puff.

Each chapter also provides ways to earn your next potion and summon more Puffs.

Creation Mint has been launched

Puff’s Creation Mint starts on March 4th and ends on March 7th, a total of 72 hours. Users can deposit mETH on the Ethereum main network or Mantle L2 and wait for allocation. If mainnet users do not have mETH, they can use ETH, WETH, USDC, and USDT Zap in.

Creation Mint raised a total of 5520 mETH, with a maximum allowed over-raising of 4 times. After the end, Puff will be distributed proportionally, which means that each user can guarantee at least 25% distribution.

ETH mainnet users can deposit 0.1-4 mETH, Mantle L2 users can deposit 0.05-2 mETH, and each address can only generate one potion. But providing mETH in both L1 and L2 is also possible!

After Mint ends, users will receive the soul-bound NFT potion and unallocated mETH in the Mantle L2 wallet Will be returned to the user's address. Holders can use their potions to summon Puff at www.puffthedragon.xyz, and the exchange ratio for mETH to Puff is 1:42069.

After completion, the project team will deploy liquidity in the Defi Metaverse at www.methlab.xyz, and users can start trading or participate in other DeFi activities.

Airdrop distribution

The total amount of Puff is 888,888,888, of which 34 % is used for airdrops. 16% of this will be gradually distributed to the community, and mETH holders on Mantle L2 will share the remaining 18% of $Puff to promote TVL growth.

These 18% will be airdropped in 6 times, that is, there are 6 snapshots, and each snapshot airdrops the total amount of Puff 3%. The first snapshot has been taken on February 11, and mETH holders will receive a 3% airdrop on Genesis. The second snapshot will take place a few weeks after the creation of Mint.

An additional 1% of Puff will be donated to Mantle's core contributors in recognition of their work in expanding Mantle's emerging ecosystem and community!

Mint Tutorial

The tutorial is available on the main network Using ETH Mint as an example

If you use Mantle L2, you can use the official cross-chain bridge

< li>

After obtaining mETH

• Get ready for ETH/WETH/USDT/ USDC or mETH, open the official website

• Click Connect Wallet in the upper right corner to connect to the wallet. Then click the drop-down arrow next to mETH and select the currency to use.

• Here I chose ETH according to my own situation. After selecting, the system will automatically adjust the corresponding amount.

• Fill in Quantity, click Mint, wait for the wallet to pop up a confirmation box, click Confirm

• < p style="text-align: left;">Mint successful

Then wait Distribution and trading after the end, and how to play Chapter 2. According to the arrangement revealed on the official page, the six chapters will be completed in three months, which means that one chapter will be completed in about 15 days, which is quite fast. The last one can choose to continue to hold Puff or destroy it and replace it with a non-MemeCoin.

Write it at the end

Really don’t go all the time these days Watch the market and get rid of FOMO and anxiety. Ignore what you can't catch, and plan carefully what you can catch. The encryption market is really a comprehensive training for everyone from cognition to mentality to execution.

You can go and see more new tracks and new projects. These are the places with the strongest explosive power. And to change the stereotype, Memecoin’s performance in this bull market is enough to show that the logic of the market is constantly changing, and you can adjust in time to keep up with the trend so as not to miss it.

In addition, this article only shares my own research and participation ideas on the project, not investment advice. Everyone's situation is different, please DYOR according to your actual situation.