Triple rewards !Walnut supports the Manta slot auction

in manta •  2 months ago 

Nutbox Walnut has reached a partnership with Manta, crowdloan participants can easily contribute to Manta through Nutbox Walnut.

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About Slot Auction

Slot auction is a unique mode of Polkadot.
Polkadot is actually a Layer 0 blockchain, which can connect many Layer 1 solutions together, and endow the parachain with shared security by letting the relaychain validator verify the parachain block. But the parachain that the relay chain can access is limited.

In order to allocate limited parachain slots to more valuable parachains, Polkadot/Kusama will use auctions to allow parachain projects to compete for slot leases. The way of competition is to contribute DOT/KSM to the relaychain. The more the conteibution, the more likely it is to obtain a slot. This process is called slot auction.

About Manta

Manta is a private layer built for the entire Polkadot ecosystem. It is set of easy-to-use and secure (open source and auditable code) protocols based on Substrate frameworks. It uses zk-SNARK to provide complete end-to-end anonymity, high throughput, and high cross-chain interoperability (it supports Polkadot and its para chain mainstream cryptocurrencies and stable coins). It includes a decentralized privacy payment protocol, a decentralized privacy token exchange protocol, and a decentralized privacy lending and synthetic asset protocol to be developed in the future.

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Why Walnut

Nutbox Walnut has been paying attention to the Polkadot ecology for a long time. Nutbox once supported the Parachain slot auction module of the Kusama network, and first connected to many Polkadot projects including Crust, Astar, Bifrost, Darwinia, Phala and so on.

This time Walnut will participate in the Polkadot slot auction in a brand-new way, and support Parachains such as Moonbeam to participate in Crowdloan.

  • Easy to use

    Just go to the Walnut page, click contribute button and you can contribute to the parachain you support with one click.

  • Financial security

    Decentralized way to ensure the safety of funds, any funds will not be transferred to third-party accounts.

  • Triple rewards

  1. Manta: Contribute Manta through Walnut does not affect the distribution of original rewards from Manta, and additional referral rewards.
  2. cToken: Get community token rewards by contribution. Users can freely choose the community entrance to contribute according to the APY.
  3. NUT: In order to help Manta obtain slots, Walnut will provide NUT as an additional reward.

Walnut Totorial

Totorial Link:https://nutbox-io.gitbook.io/nutbox/

If you have any queation please enter the Walnut official Telegram channel to discuss【https://t.me/nutbox_defi

Nutbox Walnut will work with the community and all other projects in the Polkadot ecosystem to contribute to the construction of the future Web3.0 infrastructure.

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