API ID:
mantle
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
MNT
Token
6.2 Billion
Layer 2 (Ethereum scaling)
July 2023
Mantle
Mantle (MNT) is a Layer-2 scaling solution for Ethereum designed to make transactions faster and cheaper. It uses rollup technology to process transactions off-chain and then settle them on Ethereum for security. MNT is used for governance and ecosystem support, while developers use Mantle to run decentralized apps with lower fees.
A Deeper Dive
Technology & Use Case
Mantle is built on modular rollup architecture that separates execution, data availability, and settlement. It processes transactions off-chain, then posts proofs to Ethereum for final security. By lowering costs, Mantle enables cheaper DeFi, NFT, and gaming apps. MNT itself is mainly a governance and treasury token rather than a gas token.
Origins & Team
Mantle was launched in 2023 by the BitDAO community, one of the largest decentralized autonomous organizations (DAOs) funded by Bybit exchange. In July 2023, the BIT token migrated to MNT as the ecosystem’s governance token. The Mantle project is community-led, with development coordinated through open governance proposals.
Ecosystem & Partnerships
Mantle is building out an ecosystem with incentives for developers, funding programs, and integrations with DeFi protocols. Its treasury, one of the largest in crypto, is governed by MNT holders and supports ecosystem growth. Partnerships include collaborations with Ethereum scaling projects, DEXs, and DAOs, positioning Mantle as a key Layer-2 competitor.
A Deeper Dive
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