Mantle ecosystem's innovative Meme project Puff launches genesis mint—here’s how to participate and claim airdrop (with step-by-step guide)
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Mantle ecosystem's innovative Meme project Puff launches genesis mint—here’s how to participate and claim airdrop (with step-by-step guide)
The Puff gameplay design is quite innovative, with airdrop distribution generating buzz.
Navigating Web3 tides with focused insightsAuthor: Xiao Shu Miao
Bitcoin is about to break its previous high. Ethereum's restaking sector has attracted massive capital inflows, and memecoins like PEPE and DOGE are skyrocketing—there’s money in the air across the entire crypto market! Currently, the Fear & Greed Index has reached 90, falling into the "extreme greed" zone. The more euphoric the market becomes, the more cautious and calm we should stay—chasing gains driven by FOMO is the easiest way to get trapped at the peak.
At this stage, a relatively cost-effective strategy is to quietly position yourself in promising new projects. If a project has strong fundamentals, solid team credentials, innovative mechanics, and rising popularity, participating in its airdrop or early-stage (pre-launch) offering could be worth considering.
Yesterday I came across the news on Dune Analytics titled “Mantle Ecosystem Memecoin Project Puff Public Minting Now Live” and decided to dig deeper. Based on three considerations, I’ve allocated a small amount of capital to participate!
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Memecoins are currently the hottest sector with the strongest wealth effect. While it may be too late to join those that have already surged manyfold, trying out a new project at an early stage is still viable;
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Puff features a novel design, incorporating airdrops to generate buzz—including community-wide airdrops and targeted distributions for specific on-chain users;
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There's already significant participation from investors and attention from major Twitter influencers.
Memecoin Combined with Game Mechanics and Staking
Puff introduces a highly innovative memecoin model built around Mantle Staked Ether → mETH. mETH is the liquid staking derivative (LSD) token of Mantle, an ETH restaking protocol. With Mantle’s TVL reaching $1.8 billion and continuing to grow, and offering ETH staking yields of 7.76% compared to Lido’s 3.4%, its competitive advantage is clear.
The Puff game consists of six chapters. Over the next three months, users can participate in each chapter to earn up to six mystery potion recipes—each recipe allowing them to summon additional Puff tokens.
Each chapter also provides methods to earn the next potion and summon more Puff.
Genesis Mint Is Now Live
Puff’s Genesis Mint launched on March 4 and will run until March 7—a total of 72 hours. Users can deposit mETH on either the Ethereum mainnet or Mantle L2 to receive allocations. Mainnet users without mETH can use ETH, WETH, USDC, or USDT via Zap-in functionality.
Minting address:
https://puffthedragon.xyz/mintpotion
The Genesis Mint aims to raise 5,520 mETH in total, with a maximum oversubscription cap of 4x. After completion, Puff tokens will be distributed proportionally—ensuring every participant receives at least 25% of their intended allocation.
Ethereum mainnet users can deposit between 0.1–4 mETH, while Mantle L2 users can deposit 0.05–2 mETH. Each wallet address can only generate one potion. However, users are allowed to contribute mETH on both L1 and L2!
After minting ends, users will receive a soulbound NFT potion in their Mantle L2 wallet. Any unallocated mETH will be refunded to the user’s original address. Holders can then use their potions to summon Puff tokens at www.puffthedragon.xyz, where the exchange rate between mETH and Puff is fixed at 1:42069.
Following the mint, the team will deploy liquidity within the DeFi Metaverse at www.methlab.xyz, enabling users to begin trading or engaging in other DeFi activities.
Airdrop Distribution
Total supply of Puff is 888,888,888, with 34% allocated to airdrops. Of this, 16% will be gradually distributed to the broader community, while the remaining 18% will go to holders of mETH on Mantle L2 to incentivize further growth in TVL.
This 18% will be distributed through six snapshots—i.e., six rounds of airdrops—with each snapshot allocating 3% of the total Puff supply. The first snapshot was already taken on February 11, granting eligible mETH holders a 3% airdrop upon Genesis launch. The second snapshot will occur several weeks after the Genesis Mint concludes.
Additionally, 1% of Puff tokens will be donated to Mantle’s core contributors in recognition of their efforts in expanding Mantle’s emerging ecosystem and community!
Genesis Mint Tutorial
Tutorial example using ETH minting on the mainnet
For users on Mantle L2, use the official bridge: https://bridge.mantle.xyz/
To obtain mETH:
https://www.mantle.xyz/zh/meth
Prepare your ETH/WETH/USDT/USDC or mETH, then open the link:
https://puffthedragon.xyz/mintpotion
Click “Connect Wallet” in the top right corner to connect your wallet. Then click the dropdown arrow next to mETH to select your preferred deposit asset.
Select according to your situation—I chose ETH, and the system automatically adjusts the corresponding amount.
Enter the amount and click “Mint,” wait for your wallet prompt, then confirm the transaction.
Mint successful.
Now just wait for distribution, trading availability, and progression to Chapter Two. According to the official roadmap, all six chapters will conclude within three months—roughly one chapter every 15 days, which is a relatively fast pace. At the end, users can choose to continue holding Puff or burn it to receive a non-memecoin token.
Final Thoughts
Recently, try not to constantly check price charts, giving in to FOMO or anxiety. Ignore what you can’t catch; carefully plan for what you can. The crypto market truly tests everyone comprehensively—from knowledge and mindset to execution ability.
Spend more time exploring new sectors and emerging projects—these are often where explosive opportunities arise. Also, reconsider outdated biases: memecoins’ performance in this bull run clearly shows that market logic keeps evolving. Only those who adapt quickly and ride these trends won’t miss out.
Lastly, this article merely shares my personal research and participation rationale—it is not financial advice. Everyone’s circumstances differ; please do your own research (DYOR) accordingly.
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