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Information

Data from
Issue Time
2023/07/17
Initial Price
US $ 0.39919490
Circulation/Max
3.23B/6.21B
Dominance
0.12%
ROI --%
$0.39919490$0.59397251
Low · 2023/09/112023/09/11 · High

Information

What Is Mantle Network (MNT)?

Mantle Network is an L2 technology stack for scaling Ethereum, and is the first core product of Mantle Ecosystem. Mantle Network strives to be compatible with the Ethereum Virtual Machine. Mantle Networks modular architecture separates transaction execution, data availability, and transaction finality into modules — which can be individually upgraded and adopt the latest innovations.

As the world's first DAO-spawned L2, Mantle Network is pioneering a vision for the mass adoption of token-governed technologies.

MNT is the native token used for:

  • Paying gas fees
  • Growing the ecosystem
  • Governance by the community

Who are the founders of Mantle Network (MNT)?

There is no single founder. Mantle Network is a DAO-governed and accelerated network, where key decisions are made via governance by $MNT holders. jacobc.eth and Ben Zhou were early key contributors to the initial proposal that introduced Mantle Network.

What Makes Mantle Network (MNT) Unique?

Mantle Networks modular architecture hyperscales network performance at low fees and with faster finality. DApps can be built with exceptional UX, while relying on Ethereums unrivaled security.

Mantle Ecosystem also features a network of established partners and collaborators to support projects from conceptualization to infrastructure support and go-to-market strategies. Moreover, to support the next-generation of innovators, builders, and developers, Mantle is growing its ecosystem via the Mantle Grants Program and Mantle EcoFund, a catalyzed capital pool of $200M.

How Many Mantle Network (MNT) Coins Are There In Circulation?

Mantle token (MNT) powers Mantle Network as its native gas token and ecosystem growth token, and serves as the governance token of Mantle Governance. All future Mantle products will likewise be initiated by the Mantle token holder community through vote and powered by Mantle token.

The total supply of MNT is 3,172,988,154 tokens and the current distribution of MNT is split with 51% in circulation and 49% allocated to Mantle Treasury.

How is Mantle Network (MNT) secured?

Mantle Network is secured by Ethereum as the first L2 to partner with ETH restaking protocol EigenLayer for the data availability module, adopting a rollup architecture.

Where Can You Buy Mantle (MNT)?

MNT is available on the following exchanges: Bybit, MEXC, BingX, Huobi, Gate, Coinone, and Korbit.

What is the significance of Mantle's modular architecture?

Mantle is constructed with a modular design, allowing it to easily adjust to the evolving requirements and preferences of users and developers. Additionally, it can seamlessly integrate with different blockchains and protocols. Find out more about the difference between modular and monolithic blockchains [here](https://BYDFi.com/alexandria/article/modular-vs-monolithic-blockchains-what-s-the-difference).

What is EigenLayer Element and how does it use Mantle DA?

EigenLayer Element utilizes a unique data availability layer known as Mantle DA. This layer is supported by EigenDA technology, which is a decentralized network of nodes responsible for storing and validating data from layer-two chains. By leveraging EigenDA, EigenLayer Element guarantees the continuous availability and consistency of data, even in case of L2 chain downtime or corruption.

What is Mantle LSD and how does it aim to leverage product synergies with Mantle Network?

Mantle LSD, also known as Mantle Liquid Staking Derivative, aims to leverage product synergies with Mantle Network. This includes the adoption of mntETH on Mantle Network, which is an Ethereum L2 solution. Additionally, Mantle LSD aims to form partnerships with node operators and DeFi applications. It strives to become the preferred solution for the liquid staking of ETH from the Mantle Treasury and Mantle Ecosystem supporters, ultimately reducing deposit acquisition costs. Strategic synergies can be implemented through the Mantle Governance process.

Answers

What Is Mantle Network (MNT)?

Mantle Network is an L2 technology stack for scaling Ethereum and is the first core product of Mantle Ecosystem. Mantle Network strives to be compatible with the Ethereum Virtual Machine. Mantle Networks modular architecture separates transaction execution, data availability, and transaction finality into modules which can be individually upgraded and adopt the latest innovations.

As the world's first DAO-spawned L2, Mantle Network is pioneering a vision for the mass adoption of token-governed technologies.

MNT is the native token used for:

  • Paying gas fees
  • Growing the ecosystem
  • Governance by the community

Who are the founders of Mantle Network (MNT)?

There is no single founder. Mantle Network is a DAO-governed and accelerated network, where key decisions are made via governance by $MNT holders. jacobc.eth and Ben Zhou were early key contributors to the initial proposal that introduced Mantle Network.

What Makes Mantle Network (MNT) Unique?

Mantle Networks modular architecture hyperscales network performance at low fees and with faster finality. DApps can be built with exceptional UX, while relying on Ethereums unrivaled security.

Mantle Ecosystem also features a network of established partners and collaborators to support projects from conceptualization to infrastructure support and go-to-market strategies. Moreover, to support the next-generation of innovators, builders, and developers, Mantle is growing its ecosystem via the Mantle Grants Program and Mantle EcoFund, a catalyzed capital pool of $200M.

How Many Mantle Network (MNT) Coins Are There In Circulation?

Mantle token (MNT) powers Mantle Network as its native gas token and ecosystem growth token, and serves as the governance token of Mantle Governance. All future Mantle products will likewise be initiated by the Mantle token holder community through vote and powered by Mantle token.

The total supply of MNT is 3,172,988,154 tokens and the current distribution of MNT is split with 51% in circulation and 49% allocated to Mantle Treasury.

How Is Mantle Network (MNT) Secured?

Mantle Network is secured by Ethereum through its partnership with ETH restaking protocol EigenLayer for the data availability module. By adopting a rollup architecture, Mantle Network ensures its security.

Where can you buy Mantle (MNT)?

MNT is available on the following exchanges: Bybit, MEXC, BingX, Huobi, Gate, Coinone, and Korbit.

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