What is Manta CeDeFi?
MANTA CeDeFi merges Centralized Finance (CeFi) and Decentralized Finance (DeFi) to offer users enhanced yield opportunities and security. This hybrid model brings together the best of both worlds, combining institutional-grade compliance with the financial flexibility of DeFi
Key Features of Manta CeDeFi
Boosted CeFi/DeFi Yield: Users can earn higher yields through CeFi’s stable strategy arbitrage and DeFi yields on Manta Pacific.
Manta Rewards: Additional incentives through $MANTA tokens.
Enhanced Security: Institutional-grade security measures to protect user assets
Introducing Manta Pacific
Manta Pacific is an Ethereum Layer 2 solution designed for zero-knowledge (ZK) applications. It leverages a modular architecture built on the OP Stack by Caldera, ensuring full compatibility with Ethereum's ecosystem. This enables developers to migrate their applications seamlessly.
Modularity in Blockchain
Modularity in blockchain refers to dividing a blockchain into different layers: consensus, settlement, data availability, and execution. This approach allows projects to customize their solutions by using proven technical stacks like Polygon CDK or OP Stack, enhancing efficiency and reducing costs.
Manta Pacific's Modular Design
Manta Pacific uses the OP Stack for its modular architecture, inheriting the security and technical advantages of a mature and market-tested technology. Additionally, Manta Pacific employs Celestia for its data availability layer, enhancing data availability security through dual verification from both Ethereum and Celestia.
Achieving Lower Gas Fees with Celestia
By offloading data availability to Celestia, Manta Pacific reduces the competition for Ethereum's resources, thereby lowering gas fees. Celestia uses erasure coding and data availability sampling to ensure data security and efficiency, enabling Manta Pacific to offer Solana-level gas fees.
Manta CeDeFi represents a significant advancement in financial technology, combining the strengths of CeFi and DeFi to provide users with enhanced yield opportunities and robust security. With its innovative use of modular architecture and data availability solutions, Manta Pacific is well-positioned to lead the next generation of blockchain technology. Stake now to unlock these benefits and be part of the future of finance.
To get to know more about this please check
X: https://x.com/mantanetwork
Website: https://manta.network/
