A prominent project recently launched on Monad and Megaeth Testnet is MyNT, a decentralized StableCoin protocol that utilizes zero-knowledge proof for private balance verification.
If you want to position yourself as a future token drop while also having early access to Monad and Chartinct’s ZK-Tech stack, here’s a step-by-step guide on how to interact with MyNT and possibly qualify for rewards.
What is mine?
Mynt is a decentralized StableCoin protocol that allows users to create stable stocks fixed to the dollar by using ETH or MON (Monad’s local token) as collateral. The project was built by a concise SP1 zero-knowledge virtual organization, enabling users to privately verify chain balances and interact with the Defi protocol in a faster, cheerful way.
Mynt’s integration with Monad and Megaeth is at the intersection of three main narratives: modular zero-knowledge technology, new L1 experiments and privacy in DEFI. Although the official gas disk has not been confirmed yet, the project’s early testnet and Web3 local spirit suggests that incentive plans may be coming soon.
Why mine?
By interacting with MYNT through test network interactions, users may not only position themselves as one, but also use three potential airdrops. Why:
- MyNT is still in the early testnet phase and has not launched the token. Early users will usually receive retroactive rewards.
- Monad is the next generation of L1 currently under development that can reward early test network users or active participants in their ecosystem.
- Megaeth may introduce its own rewards program when it expands, and wallet activity on its Testnet can qualify.
Therefore, interaction with MyNT provides exposure to the promising ZK-StableCoin project and two underlying L1 ecosystems.
Step by step mynt on monad testnet
Please follow these steps to try MyNT on Monad or Megaeth Testnet. Even for users without extensive ZK experience, the process is simple and user-friendly.
Step 1: Access Mynt Dapp
Go to the official Mynt Dapp here.
Make sure to connect your EVM-compatible wallet (such as MetAmask, Okx Wallet…) and be ready to use the testnet.
Step 2: Select your chain: Monad or Megaeth
Once the application is loaded, you will see two options:
- Single On the left
- Fermentation on the right
Both chains are real-time test networks. Choose one according to your preferences, or try to have a wider interaction at the same time.
Step 3: Mint USDM by storing collateral
You can shape local stablecoins USDM by depositing:
Make sure you have a testnet for MON or ETH, which you can usually get through the official TestNet faucet.
The protocol will calculate the collateral ratio and allow you to cause the corresponding amount of USDM.
Step 4: Pack your token
After casting USDM, navigate to the Packaging tab on the upper left menu of the interface.
This feature allows users to wrap their tokens for cross-chain movement and additional privacy protection. Packaging may also indicate deeper protocol usage – often a key metric for Airdrop qualification.
Step 5: Repeat the interaction between two chain stores
While using a chain is enough to test the product, repeating the steps on Monad and Megaeth may increase your chances of qualifying for future points programs or retroactive rewards.
Also, explore different actions, such as partially included redemption, token packaging and test network governance (if any) to maximize wallet activity.
in conclusion
Privacy, scalability, and convergence of Stablecoin utility make MyNT one of the more interesting ZK-DEFI experiments to watch in 2025.
By spending a few minutes interacting with the protocol, you can not only get access to cutting-edge infrastructure, but also position yourself as a meaningful airdrop.
Whether you’re optimistic about Monad’s L1 design or curiosity about how ZKVM will reshape Defi, diving into Mynt is a low-risk, advanced opportunity worth considering.
Read more: Monad Airdrop Guide: The Easiest Way to Unlock Rewards
