🌊 Introducing Manta Network
🔧Utilizing modular blockchain and zkEVM, Manta Pacific sets a new paradigm for L2 smart contract platforms.
🪸Manta Pacific solves usability issues with its modular infrastructure, seamlessly integrating modular DA and zkEVM for an ever-improving user experience over time.
🪙The native utility token - $MANTA
1️⃣Manage: Vote on network decisions for Manta Pacific and Manta Atlantic.
2️⃣Benchmark: Contribute to the overall security of Manta Atlantic network.
3️⃣Delegation: Delegate holdings to validators or self-stake to ensure network security.
4️⃣Network Fees: Pay transaction fees on Manta Atlantic using MANTA.
5️⃣Native Liquidity and Collateral: Utilize $MANTA as local liquidity and collateral within the Manta
ecosystem.
⭐️Key Components of the Protocol:
1️⃣Modular Data Availability: Cost-efficient transaction processing on Manta Pacific via Celestia.
2️⃣Permissionless Smart Contracts: Deploy projects on Manta Pacific using Solidity-compatible EVM.
3️⃣Generalized Circuits: Build ZK-supporting apps with a precompiled ZK circuit library for various use cases.
4️⃣zkEVM Proofs: Ensure encryption-level security with batch verification of transactions using ZK proofs.
💸Token Metrics:
💰Raised $60.4 million through private and public token sales.
💰Private sale: 24.11% MANTA sold at $0.025 to $0.5.
💰Public sale: 8% $MANTA sold at $0.36.
📈Current Status (as of Jan 15, 2024):
✅Total Supply: 1,000,000,000 MANTA.
🔄Circulating Supply: 251,000,000 MANTA(25.1%).
🔐Initial Circulation: 25.1%, with a majority held by users. Locked for the first 69 days, tokens can't be withdrawn, but yield can be earned within the ecosystem.
🚀Embark on the @MantaNetwork journey – a Layer2 ecosystem with a TVL already reaching $1 billion! 🚀
