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Manta Network's Remarkable 2024: A Year in Review
Manta Network reflects on a year marked by groundbreaking achievements and community engagement. The platform, known as the first & largest Ethereum Layer 2 (L2), has not only set new industry standards but also fostered a vibrant community of users and developers
One of Manta's most notable feats was becoming the first L2 to leverage Celestia for Modular Data Availability (DA), setting a benchmark for data solutions in the Ethereum ecosystem. This was complemented by a record-breaking Total Value Locked (TVL) of over $2.4 billion in Q1, alongside saving users more than $10 million in gas fees through its innovative modular framework
The year also saw Manta consistently ranking among the top 3 OP Rollups, showcasing its reliability and efficiency. With over 1 million daily transactions and more than 250 projects deployed, Manta Pacific has solidified its position as a hub for high-performance dApps. The Manta Foundation's $50 million EcoFund has been pivotal in nurturing this growth, offering direct investments and grants to new projects
Community events like New Paradigm, Manta CeDeFi, Gas Gain, and Manta Expedition played crucial roles in engaging users, with initiatives like New Paradigm driving TVL from $30 million to over $2.4 billion. Technical innovations such as MultiDA integration, Fast Finality, and the Sequencer Threat Overwatch Program (STOP) have enhanced the platform's security and efficiency
Culturally, Manta Pacific embraced community spirit with MEMEta Szn, bringing together different blockchain communities through fun and engagement. Moreover, the introduction of Manta AI and Real World Assets (RWAs) like wUSDM has expanded the platform's utility and attracted traditional finance into the fold
As we look ahead, Manta Pacific remains committed to its community, with plans to continue this momentum, ensuring that "Manta Never Stops."
The journey of 2024 has been a testament to what can be achieved through innovation, community support & relentless progress
#BTC100KTrumpEffect #MANTA
Manta Network reflects on a year marked by groundbreaking achievements and community engagement. The platform, known as the first & largest Ethereum Layer 2 (L2), has not only set new industry standards but also fostered a vibrant community of users and developers
One of Manta's most notable feats was becoming the first L2 to leverage Celestia for Modular Data Availability (DA), setting a benchmark for data solutions in the Ethereum ecosystem. This was complemented by a record-breaking Total Value Locked (TVL) of over $2.4 billion in Q1, alongside saving users more than $10 million in gas fees through its innovative modular framework
The year also saw Manta consistently ranking among the top 3 OP Rollups, showcasing its reliability and efficiency. With over 1 million daily transactions and more than 250 projects deployed, Manta Pacific has solidified its position as a hub for high-performance dApps. The Manta Foundation's $50 million EcoFund has been pivotal in nurturing this growth, offering direct investments and grants to new projects
Community events like New Paradigm, Manta CeDeFi, Gas Gain, and Manta Expedition played crucial roles in engaging users, with initiatives like New Paradigm driving TVL from $30 million to over $2.4 billion. Technical innovations such as MultiDA integration, Fast Finality, and the Sequencer Threat Overwatch Program (STOP) have enhanced the platform's security and efficiency
Culturally, Manta Pacific embraced community spirit with MEMEta Szn, bringing together different blockchain communities through fun and engagement. Moreover, the introduction of Manta AI and Real World Assets (RWAs) like wUSDM has expanded the platform's utility and attracted traditional finance into the fold
As we look ahead, Manta Pacific remains committed to its community, with plans to continue this momentum, ensuring that "Manta Never Stops."
The journey of 2024 has been a testament to what can be achieved through innovation, community support & relentless progress
#BTC100KTrumpEffect #MANTA
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