Mantle (MNT) – A DeFi L2 with Rollup Tech Designed to Win

Mantle has everything you need to create a fast and responsive Dapp to serve the Ethereum community. The project continues to expand its resources and offerings

Mantle is a high-performance L2 scaling solution that integrates a developer-friendly design, optimistic roll-up tech, and other advanced tech to provide a scalable solution to the market. Here's everything you need to know about Mantle.

What Problems Does Mantle Attempt to Fix?

Mantle seeks to resolve many issues that have caused Dapp developers and blockchain headaches in the past. For one, the network has a strong focus on security. It's one of the first L2 scaling solutions to provide enterprise-grade security and high performance. To accomplish this task, the network leverages Ethereum-proven security protocols while enabling L2 scalability.

High Gas Fees

Gas fees are a common way that decentralized networks pay network nodes for completed tasks such as executing smart contracts or transactions. These fees can add up when you have a lot of mainnet congestion. Mantle reduces congestion and provides low fees, making it the ideal solution for Dapps and token issuance.

Slow Transactions

Network congestion causes transaction delays. For certain applications, a delay in transaction finality is unacceptable. Mantle introduces hyperscale technology, combining optimistic roll-up with a data layer to support additional transaction throughput across the network.

Benefits of Mantle

There are many reasons why Mantle continues to gain new users and developers. The network is EVM-compatible, so Ethereum developers can migrate their platforms to Mantle seamlessly. This maneuver lowers gas fees and improves user performance. Additionally, integrating a Multi-Party Computation (MPC) method introduces the Threshold Signature Scheme (TSS) as a secure way to authorize transactions.

Added Privacy

Mantel supports Zero Knowledge Rollups. This technology enables blockchain transactions without revealing specific details of the transaction between parties. This structure has proven to make transactions harder to track while improving their performance.

How Does Mantle Work?

Mantle introduces a proprietary modular design. This structure divides the network nodes into separate tasks. For Example, some nodes handle settlement, consensus, and data availability. This approach enables developers to easily integrate, upgrade, or sap out features to improve performance.

Rollups

The Mantle blockchain gains a performance advantage by integrating both optimistic and ZK roll-up tech. Rollup technology helps blockchains scale vertically by creating off-chain storage and computation points. Additionally, batch transactions make these options faster than mainnet solutions.

Mantle DA

The Mantle Data Layer is powered by EigenDA technology. It operates as a decentralized data availability layer that resides off-chain. This data can be accessed when needed. Additionally, it can be scaled vertically to meet the needs of the network as the community expands without adding congestion to the mainnet.

AssetMantle

AssetMantle is one of the main features of the Mantle network. This feature focuses on NFT (non-fungible token) users. It provides access to a variety of tools that allow creators and collectors to issue, trade, and explore NFT collections. AssetMantle includes a high-performance marketplace that allows users to review, validate, and trade safely.

Mantle Treasury

The Mantle Treasury is a community-funded smart contract. A portion of all fees collected goes to fund the Mantle Treasury, whose main purpose is to fund market upkeep, future upgrades, and approved community proposals.

Liquidity Staking Protocol (LSP)

Mantle users gain access to a powerful liquid staking protocol. Liquid staking options operate similarly to traditional staking options with the main difference being that users get issued an LP token that represents their staked asset. They can trade, restake, or farm this token to improve ROIs and capital efficiency. Specifically, users stake ETH and receive mETH (Mantle Stacked Ether).

Token – MNT

The main utility token used by Mantle is MNT. This flexible digital asset can cover fee payments, be used to create dapps, execute smart contracts, create NFTs, and more. It is a limited supply token with 6,219,316,795 tokens scheduled for issuance over the project's life.

mETH

Users who stake ETH receive yield-bearing mETH of an equivalent value. This ERC-20-compliant token can be used within the Ethereum ecosystem for further returns. Once your staking period ends, you deposit your mETH to unlock your original staked ETH and rewards.

Consensus

Mantle uses the Ethereum PoS (Proof-of-Stake) consensus algorithm. Unlike its original consensus mechanism, which relied on miners competing to validate transactions, PoS systems enable users to simply stake their tokens to secure rewards. As such, this method eliminates the need for expensive rigs and opens the door for more user participation in the validation process.

Governance

Anyone who holds MNT tokens can stake them and gain access to the community governance ecosystem. here, you can create and put forth proposals for community vote. These proposals can include fee changes, new features, partnerships, and protocol upgrades. Each MNT token holder holds the same weight in the voting process. Notably, if your proposal is voted in, the