Hey folks, so this is basically a sequel to a previous article that I wrote last month about Mantle’s Journey event, in which you can accrue different MJ miles for completing different activities, so if you don’t know about “Mantle’s Journey” and why it could be so lucrative, I highly recommend you take a read of that first.

Since my last article, the picture has gotten even more bullish as Mantle has announced another 5 million $MNT to be added to their reward pool:

As I’ve gotten a chance to do a bit of a deeper dive on the Mantle ecosystem, here are a few plays and a few protocols that appear to be the most promising to not only rack up some MJ miles, but to also potentially profit along the way.

1. Create your Mantle Journey Soulbound Token:

I brought this up in my last article, but I’m reiterating this again because not only will this probably be necessary in order to acquire any type of airdrop going forward, but it also makes it incredibly easy for you to track how many miles you’ve been able to rack up so far.

2. Mint/Buy your Citizen of Mantle

At time of writing, assuming that you’re whitelisted, there’s only about 15 days left to mint your complimentary Citizens of Mantle NFT. If you aren’t on the whitelist, you can still pick up one of them on Mintle, which is Mantle’s largest NFT marketplace. Currently the floor prices are still hovering around 15 $MNT ($5–6).

The coolest part about these NFTS is that sometime after Mantle Journey’s Season Alpha ends, the Mantle team has teased that MJ Miles will be able to unlock various “mystery boxes” that will give your Citizen(s) different add-ons and unique traits.

3. Earn > 80% APR in $MNT on Swapsicle

Probably using some of the most creative terms I’ve seen instead of “lock” or “unlock,” through Swapsicle’s Ice Cream Van, $SLUSH holders can freeze their tokens to make $ICE, which can be staked in order to earn 82% APR (at time of writing) in wrapped $MNT. $SLUSH of course is a low marketcap altcoin, but in its short time on $MNTL, has had a pretty consistent price range:

It should also be worth noting that although you may be exposed to some impermanent loss, there’s some pretty nice farms with some triple-digit APRs as well too:

4. Earn > 80% APR with single-side-staked $USDC on Altitude

I’ve written quite a bit about Altitude before, but in a nutshell it’s a layerzero-based bridge solution between bluechip crypto ($ETH/$BTC) and stablecoins. Single-sided staking with such high APRs are pretty rare, so if you’d like to read more about it, I recommend reading my full-length article where I do a deep dive into the platform.

5. Provide liquidity for 24.25% APR on KTX

A fork of GMX, KTX.finance is Mantle’s first and most fee-generating perpDEX and has been growing pretty steadily since. On top of the fees/$KTC you can earn for staking they also have a new promotion Blindbox Rush which statistically speaking can be actually pretty lucrative:

With the addition of the Blindboxes, you could realistically boost your returns to closer to more than 40% APR. Here’s the math:

Considering you’re most likely to get one of the boxes with $KTC @ 1/0.50/0.10 (for simplicity sake let’s just say @ 0.50 $KTC), this means with a $1000 $KLP deposit you would be earning 10 Arcade Points (2 boxes) every day, which will most likely equate to 0.5 + 0.5 = 1 $KTC, or at prices at time of writing, $0.65.

This means that on top of your $0.66 interest you’d earn from your 24.27% APR, you’d earn a grand total of $1001.31, which would equate to an annualized return of around 47.85% APR.

With my luck I’d only be winning more Arcade Points, but regardless, it’s a fun way to gamify your actions even more and it’s always nice to earn a little extra on top.

Conclusion

With continuing inflows into Mantle over the past few weeks, I imagine that going forward if I were to do a third article on Mantle’s Journey, there will be even more lucrative plays to talk about and ways to game the system. Yet as we continue to into this frontier, it has been really exciting to see some of the different projects and spins to try to generate revenue.

If you’re already neck deep in Mantle and you feel like I’ve left something out, I’d love to hear about it in the comments below. Otherwise, thanks for taking the time to read this and be sure to follow me on twitter (https://twitter.com/CryptosWith) to get all my latest updates. If you want to get access to all my draft links or get an idea about what’s next on my docket before I publish, find me on Friend.tech (and now New Bitcoin City), where if you’re a keyholder, I share all that information in my chatroom. Also, looking for a gift for your Crypto-loving/hating friend? Give them a REKT journal to cheer them up!

Disclaimer: And as a final reminder, this is not financial advice and this is for educational and entertainment purposes only. Please as always, do your own research and find what investments are best for you. Cheers everyone!