Mantle Launches Third Season of MNT Rewards Booster with $688,000 Prize Pool

On July 8, the Mantle team announced the launch of the third season of the MNT Rewards Booster program, which will run until October 6, 2025. Participants will share a prize pool of 1.2 million MNT ($688,000 at the time of writing).

MNT Reward Booster S3 is now back with 1,200,000 $MNT in rewards.

Same rules. Smarter features. Smoother UX experiences.

All built for real on-chain rewards.

?️ July 8 – Oct. 6, 10AM UTC
? Lock your $MNT & stack MP
? Up to 3x multiplier — longer locks, stronger yield pic.twitter.com/ekiAcGqipC

— Mantle (@Mantle_Official) July 8, 2025

To participate in the program, users must lock MNT tokens on the Rewards Station platform. In return, they receive MNT Power (MP) and earn a share of the prize pool.

“Lock MNT to earn rewards. The amount is calculated based on the accumulated MP and determined by several snapshots throughout the day. Rewards in MNT are credited according to a formula that considers the lock-up period and the amount of MP on the Rewards Station,” reads the Mantle blog. Users with already locked tokens automatically participate in the new season.

The longer the lock-up period, the more MNT Power a user accumulates, and the higher their rewards.

Users with already locked tokens on the Rewards Station automatically participate in the third season — their MNT Power is transferred to the new pool without additional actions.

New Features

In anticipation of the third season, developers updated the Rewards Station dashboard to simplify token management. Key changes include:

• Lock-up period extension. Users can extend the lock-up period of existing positions through the dashboard;
• Automatic renewal. The Auto-Renew feature automatically locks tokens for a selected period after expiration;
• Updated interface. The dashboard displays the total amount of locked MNT, historical yield, overall APR, and current MNT Power;
• Reward breakdown. Rewards are divided into three categories: current (accrued daily), available for withdrawal, and completed.

Previously, Mantle announced the launch of a crypto bank and the MI4 index fund with a $400 million budget.