Recently, many friends have been playing Manta CeDefi, and they also asked me to play it quickly. What's new about this thing? What's the return? After studying it for a few days, let's talk about it.
I feel that the most direct effect of the launch of Manta CeDefi is to bring the return of funding rates, which is the most cost-effective return in this market, to BTC, ETH and stablecoins on the chain. All assets can rely on CeDeFi products to obtain relatively high native returns. This is more lasting and more stable than manta token subsidies.
The financial innovations brought by Manta CeDeFi are mainly in the following aspects:
✅ Increase CeFi/DeFi returns
✅ Manta rewards
✅ Enhanced security
Manta CeDeFi directly releases opportunities for on-chain users to go beyond simple DeFi solutions. This CeFi + DeFi (CeDeFi) combination brings institutional-grade compliance and extensive financial flexibility to users. In this way, Manta CeDeFi enables USDT, USDC, wUSDM, WBTC, BTCB, ETH and STONE holders to obtain more benefits: including CeFi's stable strategy arbitrage, DeFi income on Manta Pacific and $MANTA token incentives.
As the market value of each L2 is getting smaller and smaller, we can find that the era of giving native token incentives to TVL is basically over.
In addition to the current CeDeFi, @MantaNetwork is also very concerned about the construction of the RWA direction ecosystem. It first cooperated with the most compliant native income stablecoin USDM in the United States. Everyone will also see further development after this cooperation. Joining Hong Kong Cyberport in Asia will also further promote the behavior of financial institutions on the chain.
Manta Network is committed to building a better Web3 world through privacy protection. Manta's product design starts from the first principles and provides end-to-end privacy protection for blockchain users through leading cryptographic architectures such as zkSNARK. While ensuring privacy, Manta combines interoperability, convenience, high performance and auditability, allowing users to transfer and trade privately between any parachain assets. Manta's vision is to provide more convenient privacy protection services for the entire blockchain world.
Manta's founding team consists of many cryptocurrency veterans, professors and scholars, whose experience includes Harvard University, MIT and Algorand.Manta's advisors include Jack Platts, co-founder of Hypersphere Ventures, Tekin Salimi, partner of Polychain, Ashley Tyson, former co-founder of Web3 Foundation, and Shuyao Kong of Consensys.
So I am optimistic about the rising space of $MANTA tokens, and I have also actively laid out ambush, looking forward to sharing the rich dividends of project development as #MantaRWA生态 thrives!