DIA partners with Mantle Network to provide verifiable $MNT price feeds, enhancing security and transparency in the DeFi space, especially for institutional users.
DIA, Mantle Network, and Price Feeds: A New Era of Trust and Transparency
The DeFi landscape is constantly evolving, and recent developments surrounding DIA, Mantle Network, and price feeds signal a significant shift towards enhanced security, transparency, and institutional adoption. Let's dive into the exciting details!
DIA and Mantle Network: A Powerful Partnership
Decentralized Information Asset (DIA), an open-source oracle platform, has strategically partnered with Mantle Network, a Layer-2 scaling solution built on Ethereum. The goal? To provide transparent, secure, and verifiable $MNT price feeds across Mantle’s modular Ethereum Layer 2 ecosystem. This collaboration empowers Mantle's infrastructure for both retail and institutional Web3 users.
Enhancing Collateral Valuation and Risk Management
The launch of DIA’s $MNT price feed brings key benefits to the table. It allows for accurate collateral valuation for loaning and borrowing in money markets, transparent token pricing for DeFi protocols to minimize risk, and verifiable data access adapted for institutional adoption. As $MNT powers governance, gas fees, and DeFi on Mantle, ensuring its correct valuation is crucial. DIA enables developers and institutions to build with greater confidence and protection on Mantle.
Mantle Network: The Liquidity Chain Evolves
Mantle Network has finalized its mainnet upgrade using OP Succinct, completing its transition into a full ZK Rollup. With over $2 billion locked, Mantle is now the largest ZK rollup by total value locked (TVL). This positions Mantle as the leading “liquidity chain” designed for the next era of decentralized finance, real-world assets (RWA), and institutional adoption. This upgrade shifts Mantle into a category of its own, inheriting the efficiency of optimistic rollups with the security of zero-knowledge proofs.
Security and Decentralization are Paramount
Mantle’s new architecture strengthens its security model. Validators and relayers now operate as separate components, reducing systemic risk. ZK proofs add cryptographic finality, while Threshold Signature Scheme (TSS) staking distributes control across a broader set of participants. This dual-layer approach makes Mantle harder to attack compared to traditional Layer 2s that centralize key functions.
Built for Institutions
Institutions demand certainty. With 1-hour finality and 12-hour withdrawals, Mantle now offers stronger guarantees for funds moving across its bridge. For enterprises and DeFi protocols considering tokenized real-world assets, these assurances are critical. They provide the compliance-grade reliability needed for corporate treasuries, lending desks, and asset managers to participate.
The Future is Bright
The partnership between DIA and Mantle Network, coupled with Mantle's strategic upgrades, marks a significant leap forward in the DeFi space. By prioritizing security, transparency, and institutional readiness, Mantle is positioning itself as a key player in the next wave of crypto adoption. It's an exciting time to be involved in decentralized finance, and these developments are paving the way for a more secure and trustworthy ecosystem!
So, keep your eyes peeled and your crypto wallets ready – the future of DeFi is looking brighter than ever! Who knows, maybe we'll all be sipping digital cocktails on the Mantle Network someday. Cheers to that!
