Manta Network is not just a blockchain; it is a modular ecosystem crafted to address the scalability needs of next-gen decentralized applications (dApps). At its core, Manta Network operates two networks: Manta Pacific and Manta Atlantic, each catering to specific requirements within the web3 space.
Manta Pacific provides a scalable and cost-effective gas-fee environment for dApps, enabling applications to thrive beyond the constraints of traditional EVM environments. The network leverages Celestia DA and Polygon zkEVM, ensuring both security and scalability.
Manta Atlantic takes center stage as the fastest Zero-Knowledge (ZK) Layer 1 chain on Polkadot. It introduces programmable, ZK-powered confidential on-chain identities and credentials (zkSBTs) to the web3 landscape, enhancing privacy and security.
This article delves into the depths of Manta Network’s modular ecosystem, spotlighting its key networks, the native token ($MANTA), and the various projects building on it’s ecosystem.
Understanding $MANTA Token
At the heart of the Manta Network lies the $MANTA token, an ERC-20 and native token boasting a total supply of 1,000,000,000. The token exhibits unique characteristics, including a 2% yearly minting rate starting from Jan 30th, 2024, and 18 decimals for precise transactions and governance voting.
Projects getting built on the Manta Ecosystem
1.Clover’s CLV Wallet: Redefining Cryptocurrency Accessibility and Privacy
Clover’s CLV Wallet revolutionizes the crypto landscape with an unwavering commitment to user privacy and cross-chain capabilities. Supporting Ethereum Virtual Machine (EVM), Polkadot, Kusama Parachains, and Solana, the wallet caters to diverse crypto needs. The Extension Wallet, embraced by over 70,000 users with 398 positive reviews, attests to its success. The CLV Portal serves as a centralized hub, facilitating seamless $CLV transactions and providing a gateway to decentralized finance. Tailored for first-time users, DeFi enthusiasts, and gaming aficionados, the CLV Wallet boasts a user-friendly interface, multi-chain connectivity, and support for NFT transactions, replicating the gaming experience for an all-encompassing crypto journey.
In summary, Manta Network’s modular ecosystem, comprised of Manta Pacific and Manta Atlantic networks, powered by the $MANTA token, is spearheading innovation in the decentralized space. Diverse projects within the ecosystem, such as Clover’s CLV Wallet, Talisman, RedStone, Cradles, GaFin x SpaceID, Impossible Finance, and Aori, showcase the breadth of applications, from privacy-focused wallets to blockchain oracles and metaverse games. The $MANTA token, with unique features and a yearly minting rate, plays a central role in governance and transactions. Manta Network’s commitment to scalability, cost-effectiveness, and security positions it as a significant player, shaping the decentralized landscape. This modular approach, fostering collaboration and innovation, promises an inclusive and groundbreaking future for decentralized technologies.