📘Raffles to Boost UWAs and Transactions

$100k in 27 Raffles, 105k Users Onboarded

Peanut Protocol ran a red packets campaign in coordination with Mantle. Red packets are an Asian tradition of making monetary gifts, often in the form a raffle, to family and friends.

The main goal of the campaign was to onboard new users onto mantle and showcase the rich ecosystem on Mantle.

The total value distributed was $100k in various tokens on Mantle. Since the raffles were public, it was important to prevent botting. To that end, cutting-edge multi-factor authentication, IP detection and Captcha were implemented.

Key Metrics

The following list are some key metrics captured throughout the red packets campaign:

• 26 ecosystem partner projects participated

• 280k claims

• 102k unique wallet addresses

• $190M $MNT market cap increase, 8.5% MNT/ETH

• 44k unique wallet addresses participated in at least two raffles

• low botting activity

  • 14% of MNT tokens were consolidated after the campaign, which indicates farming

For Developer wanting to get started immediately, check out Raffle