LIFTOFF: Phase 1 Of The SlopFather’s Mancer Dex Launches On Robinhood Chain Via Clutch Markets’ StonkBrokers Special Project, And Whitelisted Users Can Claim Their Mancer NFTs Now!
- Kyle
- 3 hours ago
- 2 min read
Ground Control to Major Stonk!
The second ever Special Project to come out of the Clutch Markets' StonkBrokers ecosystem just launched, and it’s on a mission to become the Jupiter of Robinhood Chain offically began!
On Thursday, BlockHash founder and developer Michael Hirsch, better known as The SlopFather, officially launched Mancer, a trustless, custody-less Dex where traders can place limit orders and recurring buys without ever locking up their funds!
With Mancer, users can place orders on everything from memecoins to tokenized stocks and wait for them to get filled without escrowing their money. This means users funds stay in their own wallet until the exact moment of their orders get filled. There is no intermediary holding the capital, and every fill is protected by an onchain price floor, so the price thet set is the price they’ll get!
In the spirit of a trustless and custody-less DEX, The SlopFather isn’t running Mancer alone. The protocol is powered by 5,000 Chain Mancer NFTs, each backed by 500,000 $MANCER.
These NFTs form the decentralized keeper network that will eventually execute all the fills, according to the project’s whitepaper.
Mancer NFT holders can activate their NFT by paying a fee in $MANCER and then start earning a share of the protocol’s fees simply for being part of the network. Keepers who actively execute fills also earn an additional tip on every order they land.
“Mancer's bet is that the two things traders actually need from an exchange — their money kept safe and their price kept honest — are both properties a contract can enforce, and that once en‐forced, everything else can decentralize,” TheSlopFather wrote. “Funds never leave the maker's wallet until they trade. Every fill clears a floor or reverts. Exits are transactions no one can gate and no one may charge for. Revenue becomes ETH permissionlessly and pays the network that runs the protocol. And be‐ cause the contract, not the executor, guarantees every one of those properties, handing execution to five thousand keepers is not a leap of faith but a flag.”
Tonight, whitelisted users who burned either 25,000 $HOODL, 150 $SLOP, or one Slonk NFT last week in exchange for a Mancer NFT can claim their J-Peg anytime between now and tomorrow night at 8: 35 P.M. ET in the first phase of the project here: https://chainmancers.com
The first iteration of the Mancer Dex will go live sometime next week, according to TheSlopFather.
For more information on Mancer or to purchase $MANCER, visit the platform’s website here: https://mancer.xyz