Binance is excited to announce the 44th project on Binance Launchpool -#MANTA , the modular L2 for ZK applications. The webpage is estimated to be available in 5 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm MANTA tokens over two days, with farming starting from 2024-01-16 00:00 (UTC). MANTA Launchpool Details:
Token Name: Manta (MANTA)
Max Token Supply: 1,000,000,000 MANTA
Launchpool Token Rewards: 30,000,000 MANTA (3% of max token supply)
Initial Circulating Supply: 251,000,000 MANTA (25.1% of max token supply)
Smart Contract Details: #MANTA
Staking Terms: KYC required
Hourly Hard Cap per User:
50,000 MANTA in BNB pool
12,500 MANTA in FDUSD pool
1. What is Manta?
Manta Network is the modular ecosystem for web3. Users can build and deploy any Solidity-based decentralized applications on Manta and leverage its technology stack to deliver faster transaction speeds than an L1 and lower gas cost than an L2.
Project mission
Manta Network’s mission is to drive web3 adoption by offering an infrastructure environment that brings real and scalable use cases to the market.
Manta’s modular infrastructure stack allows it to leverage best-in-class emerging technologies including Celestia for DA, Polygon CDK for zkEVM, yield-bear native assets, and more innovations in the future. That modularity enables agile and flexible improvement on the infrastructure level to continuously deliver new features and services that provide better user experiences on the infrastructure level. Manta offers faster transaction speeds than any L1 and lower gas costs than any L2.
