MantaCeDeFi has announced a new collaboration with Fuel Network, allowing its users to participate in the Fuel Points Program by depositing mETH and mUSD. This partnership is set to unlock more DeFi opportunities for MantaCeDeFi users through their mTokens.
💿🖐️ In collaboration with @fuel_network, #MantaCeDeFi users can now participate in the Fuel Points Program by depositing $mETH and $mUSD.
Unlock more DeFi opportunities with your mTokens:https://t.co/atxffFVMO3 pic.twitter.com/ZaiGeSTjKn
— Manta Network (🔱,🔱) Meme-ta Szn (@MantaNetwork) July 29, 2024
To earn Fuel Points, MantaCeDeFi users must bridge their mTokens via StargateFinance. Using StargateFinance’s bridge, users can transfer their mTokens from MantaPacific to Ethereum. Once the mTokens are on Ethereum, users can stake their mETH and mUSD on Fuel Network. This staking will enable users to earn 1.5 Fuel Points per dollar value daily.
Unlocking More Opportunities
This new integration with Fuel Network provides a seamless way to bridge mTokens and allows users to stake their assets and earn yields in both CeFi and DeFi platforms. MantaCeDeFi encourages users to bridge their assets by visiting the StargateFinance bridge at [Stargate Finance Bridge](http://stargate.finance/bridge).
After bridging, users can stake their assets to receive mTokens and earn Fuel Points. This program aims to enhance user engagement and provide additional value through staking rewards.
This collaboration marks a significant step for MantaCeDeFi in expanding its ecosystem and offering more robust DeFi opportunities to its users.