Manta Network is a modular ecosystem designed to facilitate the adoption of Web3 by providing an infrastructure that supports the creation and deployment of decentralized applications (dApps) using Solidity. It offers higher transaction speeds than Layer 1 networks and lower costs than Layer 2 solutions. The 44th project on Binance Launchpool, Manta Network, leverages a stack of emerging technologies to deliver a scalable and user-friendly experience.
The network’s modular infrastructure stack includes technologies such as Celestia for Data Availability (DA), Polygon CDK for zkEVM, and support for yield-bearing native assets. This modularity allows for continuous delivery of new features and services, enhancing user experiences at the infrastructure level.
Manta Pacific provides a library of generalized ZK circuits, enabling Solidity developers to create ZK-enabled applications with just a few lines of code. It utilizes Celestia for modular DA, significantly reducing gas costs for users and making it one of the most cost-effective Layer 2 networks for transactions.
Furthermore, Manta Pacific employs Polygon CDK to offer a Type 1 zkEVM, providing a native EVM experience on a Layer 2 network. It is a public network that grants developers equal opportunities to build and deploy scalable applications and supports native yield for ETH and USDC-based cryptocurrencies.
MANTA coin is the native asset of Manta Network, serving various purposes including governance, staking, collator delegation, fee payment, liquidity, and collateral. It will be listed on Binance on January 18, 2024, with multiple trading pairs available. To acquire MANTA coins, users must first register on Binance, transfer funds to their Binance wallet, and then purchase MANTA through the available trading pairs.