Will the large-scale transfers in Mentougou, which have been silent for five years, bring down the market?
After being silent for five years, the related addresses of Mentougou began to continuously transfer large amounts of Bitcoin, ranging from thousands to tens of thousands. At present, the stock of BTC has reached 141,680, worth nearly 10 billion US dollars. The market began to worry about the possible selling pressure risk, and the price of BTC also fell from 69,400 USDT at 9 am yesterday to 67,500 USDT.
Manta Network is committed to providing modular blockchain support for zero-knowledge proof (ZK) applications, and its CeDeFi ecosystem has demonstrated outstanding innovation in this field. Manta Pacific is a modular Layer2 solution built specifically for the EVM ecosystem. It implements ZK-as-a-Service through Manta's universal ZK circuit and uses Celestia's data availability layer to provide modular support, thereby providing users with the lowest Gas cost and the best user experience.
Manta CeDeFi products and real income
Manta Network recently launched an innovative CeDeFi product dedicated to providing users with real currency-based income. Users can deposit assets such as wBTC/BTCB, wETH/STONE, USDT/USDC/wUSDM into the CeDeFi platform through the three chains of Ethereum, BNB chain and Manta Pacific. The CeDeFi platform is not only the beginning of Manta RWA products, but will also become the issuance platform and interface for more RWA assets in the future, bringing real benefits to users.
The CeDeFi platform maps users' assets to exchanges through the custodian service provider Ceffu, and asset management institutions execute strategies such as rate arbitrage to generate currency-based benefits. These strategies originally only served VIP customers of exchanges, and Manta Network brought these advanced strategies to the chain through cooperation with these institutions. In the bull market, through the CeDeFi ecosystem, users can not only increase the number of tokens in their hands, but also obtain multiplied U-based benefits when the token price rises. Manta CeDeFi products have therefore become one of the few products on the market that can earn real currency-based benefits, providing users with unique investment opportunities.
Manta's modularity and zero-knowledge proof technology advantages
Manta Network has significant innovations and advantages in modularity and zero-knowledge proof (ZK) technology. Its modular design makes the network more flexible and scalable, and can efficiently adapt to different application scenarios.Manta Pacific is a modular Layer2 solution built specifically for the EVM ecosystem. It implements ZK-as-a-Service through Manta's universal ZK circuit and uses Celestia's data availability layer to provide modular support, thereby providing users with the lowest gas cost and the best user experience.
ZK technology provides users with a high degree of privacy protection and data security, ensuring the privacy and integrity of transactions. Manta's ZK technology not only performs well in current applications, but also has broad future development potential, and can achieve breakthroughs in more fields and set new standards for blockchain privacy technology.
The unremitting builder behind Manta Network
Manta Network has demonstrated strong capabilities in business development (BD) and resource integration. Through active business development, Manta continues to expand its partner network and inject new impetus into the development of the project. Its rich resources and strong business relationships provide a solid foundation for the smooth progress of the project. These resource capabilities not only help Manta achieve technological breakthroughs, but also provide strong support for its competitiveness in the market.
Victor, as the co-founder of Manta Network, is one of the hardest working people in this industry. He and his team continue to advance Manta's business around the world, from Denver to Paris, from Istanbul to Singapore, to Dubai and the United States and other countries and regions. Whether in a bear market or a bull market, the Manta team always maintains a high-intensity work rhythm and construction enthusiasm.
This continuous construction ability is a key factor in Manta Network's ability to continue to develop in the Web3 world. Even in market downturns, they can maintain the vitality and driving force of the project through continuous innovation and hard work. This spirit is not only reflected in their technology and products, but also in their business development and resource integration capabilities.
Through the above three aspects, we can see Manta Network's outstanding performance in CeDeFi products, technological innovation and business development. Whether in the existing market or in future technological development, Manta has shown strong potential and competitiveness. Victor and his team have laid a solid foundation for the success of Manta Network through unremitting efforts and continuous construction.
The next copycat market should have a place for $MANTA
