Binance’s latest LaunchPool Project Manta (Manta) speeding

Source: binance official website sorting: Shan Ouba, Bitchain Vision

20:00 on January 15, 2024,Binance issued an announcement saying that the newly -held mining of Binance has now launched the 44th project -Manta (Manta)EssenceA modular second -layer solution for zero -knowledge certification (ZK) applications (L2).

Users can be at 08:00 on January 16, 2024 (Time in the East Eight District)Later, BNB and FDUSD were put into the Manta mining pool on the Launchpad website to get the Manta reward. Manta can be mine for 2 days.

Singapore

Binance will be listed on January 18, 2024 at 18:00 (East Eight District Time) Manta (Manta) (Manta)And open Manta/BTC, Manta/USDT, Manta/BNB, Manta/FDUSD and Manta/TRY trading markets, suitable for seed label trading rules.Earlier users who received the MA tokens on the Binance platform, Binance will automatically convert your MA tokens to Manta tokens at a rate of 1: 1.

Manta (Manta) Introduction

Mining pool:

  • BNB mining pool (the website will be updated before the announcement of mining activities within five hours of announcement): A total of 24,000,000 MANTA can be minored (80%)

  • FDUSD mining pool (the website will be updated before the announcement of the announcement within five hours of announcement): A total of 6,000,000 MANTA can be minored

  • Mining Time: East Eight District Time, January 16, 2024 08:00 to January 18, 2024 07:59

Mining quota distribution

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Note: The daily table is UTC time, which is converted into East Eight District time from 08:00:00 am on the day to 07:59:59 the next day.

Manta (Manta) Research Report

  • Manta Network is the gateway of the modular ZK application. It uses a modular blockchain and ZKEVM to establish a new example of the L2 smart contract platform.

  • Manta Pacific solves the problem of availability through modular infrastructure design, allowing modular DA and ZKEVM seamless integration, thereby continuously enhanced the user experience over time.

  • Manta is a local utility token of Manta Network, for:

    • Entrusted by the proofreading: Manta holders can choose to entrust the shares they hold to the organizer, or make Manta custody to their own organizers to ensure network security.

    • Management: Manta token holders can vote for the network management decisions of Manta Pacific and Manta Atlantic.

    • Bidding: Manta positioning helps ensure the overall security of the Manta Atlantic network.

    • Network usage fee: Manta Atlantic uses Manta to pay transaction fees.

    • Native liquidity and mortgage: MANTA tokens can be used as local liquidity and mortgages in the Manta ecosystem service.

  • This protocol consists of the following main parts of the mutual cooperation:

    • Modular data usability: The call data of each transaction is processed by Celestia, which greatly reduces the cost of processing each transaction on Manta Pacific.

    • Unprofessional smart contract: projects on Manta Pacific can be deployed using Solidity -based smart contracts compatible with EVM environment.

    • General Circuit: Developers can use the general circuit of Manta Pacific to build an application supporting ZK. This circuit provides a general pre -compiled ZK circuit library, which is suitable for different use cases, including DEFI, GameFi, identity recognition, etc.

    • ZKEVM proves: Use ZK to prove a batch verification of the transaction to ensure the security of the encryption level.

  • The project has raised $ 60.4 million through private token sales and public tokens.In private token sales, 24.11%of the MANTA tokens sold at a price of 0.025 to 0.5 US dollars/MANTA. In public sales, 8%of the MANTA tokens were sold for $ 0.36/MANTA.

  • As of January 2024, the total supply of Manta was 1,000,000,000,000, and the circulation supply after listing was about 251,000,000 (about 25.1%of the total supply of tokens).

    Key indicators:

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    Token distribution:

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    Tokens issue timetable:

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    Note: The total supply of Manta in the creation stage is 1,000,000,000.Other tokens will be issued under the distribution of “Estimation Verification/Emissions Reward” tokens.

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