In -depth interpretation of TVL’s soaring Manta Pacific

Manta Pacific Introduction

The hot BLAST’s recent futures price on AEVO has increased from the lowest 3.5 knife to 15.5 knives in just one week, and then fell to 7 knives.Essence

And can Manta also recently launched by NEW PARADIGM can surpass Blast?Let’s take a look at what the advantage of Manta has. Players who enter Manta in the early days are more than BLAST.?? ??

Manta Network is a modular blockchain for zero -knowledge (ZK) applications.Manta Network founded the experienced founder team of well -known universities such as Harvard and Massachusetts Institute of Technology.

Manta Network has received many top Web3 investment funds, including Binance Labs and Polychain Capital.

Manta Pacific is the Ethereum Layer2 designed for ZK applications. It is currently based on OP Stack, which is completely compatible with the EVM environment and Solidity development language;

Manta Pacific will realize ZKEVM based on Polygon CDK; at the same time, the general circuit of Manta will be used to achieve ZK -level services, and the modular data availability of Celestia will provide low GAS costs.

It can be said that Manta Pacific provides a perfect environment for supporting ZK applications.Solidity developers do not need cryptographic knowledge or learn new languages, so they can realize the ZK function by calling SDK or API.

(Note: The general circuit of Manta is a zero-knowledge proof (ZK) circuit library, which is designed for general scenes and provides ZK-As-A Service services for Solidity developers.ZK functions, including compliance DEFI payment, Web3 Social identity verification, full -chain game shuffling function, etc., through general circuits on Manta Pacific, developers can easily deploy EVM native ZK applications).

Manta Pacific launched its main network Alpha version on September 12, 2023, which is currently the third largest OP Stack L2, second only to Optimism and Base.Once completely transitions to ZKEVM in the future, Manta Pacific may become the largest Polygon ZKEVM L2 network.

Judging from the launch of Manta Pacific, its future development will be divided into four different stages:

(1) Manta Pacific Alpha (Ethereum L2)

In the current version, Manta Pacific is based on Ethereum Optimistic Rollup to use Ethereum data availability (DA).

It uses the Universal Circuits of the MANTA network to enable developers to quickly build and deploy applications supporting ZK -related applications with SOLIDITY and general circuit SDK.

Therefore, all existing Ethereum smart contracts can be seamlessly adapted to Manta Pacific, and can also open new application scenarios based on the function of ZK, such as verified DID/KYC, ZK -based full -chain game.And collaboration between Defi and decentralized identity.

(2) Manta Pacific Alpha II (+Celestia DA)

At this stage, Manta Pacific will realize data expansion by integrating Celestia’s modular data usability (DA), greatly reducing the GAS cost of users interacting with DAPP in the Manta Pacific ecosystem.

The cost of Celestia has a secondary relationship with Ethereum’s GAS price, which is much cheaper than the existing cost of Ethereum.

(3) Manta Pacific Beta (+transition to ZKEVM)

At this stage, Manta Pacific plans to transition to ZKEVM completely and use Polygon’s ZK proof.

The final phase of the network architecture will be used to use the universal circuit of Manta for the built -in ZK characteristics to support extensive ZK applications. At the same time, the Validium service and Celestia DA and ZKEVM and Polygon CDK are combined to achieve scalability.

(4) Manta Pacific production level main network I (+General Circuit 2.0)

In the last stage, Manta Pacific will officially launch the main network. For Manta Pacific main network, Manta Pacific will further upgrade the general circuit to achieve lower GAS costs, while using novel ZK technology to unlock new application scenarios.

>

Judging from the roadmap of Manta Pacific, it will becomeThe first ZKEVM L2 from Optimistic Rollup to ValidiumThis transition uses Polygon CDK to achieve it. It has greatly reduced the GAS fee through the Celestia DA, and the encryption certificate of the Ethereum consensus and the encryption on the chain to increase security. It can be said that it is currently very forward -looking L2.

New Paradigm activity

Recently, the Manta public chain has launched a new Paradigm in the ecological liquidity incentive activity, similar to the BLAST liquidity pledge launched by Blur a while ago. Users can receive their future token airdrop rewards through pledge of their funds.

However, compared with BLAST, the advantage of New Paradigm lies in its rich ecological project and a shorter return cycle. Users can get tokens as soon as January 2024, and BLAST’s airdrop may not be available until May.Compared with the two, the funds in New Paradigm are much higher than BLAST.

>

(1) The expected reward of the event includes the following parts:

New Paradigm has five sources of income, including fixed income, NFT incentives, and unique DEFI in the L2 ecosystem.

1. After ETH, USDC cross -chain to Manta ecology, like BLAST, even if the assets are not moving, there will be about 5% interest;

2. Participate in the event pledge assets, you can get the future Manta token airdrop;

3. Participate in the interaction of the Manta ecological project and get the potential airdrop opportunity of the project itself;

4. After pledged ETH and USDC, the obtained Stone and WUSDM are used to participate in projects in the Manta ecosystem, such as borrowing projects to obtain the income provided by the project itself;

5. By adding EIGENLAYER to STETH’s RESTAKING (optional, in the future, it will be obtained according to whether the EIGENLAYER RESTAKING CAP has an open limit of an open limit);

>

(It should be noted that after ETH is stored, it will become Stone, and the USDC will become WUSDM after being stored. If there is no GAS in subsequent interaction, you can use a third -party bridge, such as the Minibridge cross -chain to the Manta network, which will save GAS.

Participate in the event, you must deposit funds through the activity page to obtain a blind box fragment, but then you need GAS in the Manta ecological interaction. You can cross the chain through a third -party bridge: https: //minibridge.chaineye.tools/))

(2) The specific steps are as follows:

1) Cross -chain ETH or USDC to Manta Pacific for deposits to earn benefits and box fragments.The deposit period is open until January 2024;

2) The user received Stone and WUSDM on Manta Pacific within 24 hours after the deposit.As early as January 2024, you can receive the Manta token reward through the NFT;

3) After 69 days of Manta token awards, users can redeem ETH and USDC through Stone and WUSDM;

For a detailed strategy, we can see [Manta New Paradigm participating in the best strategy tutorial?] To maximize the income ?? Https://mirror.xyz/0x30bf18409211FB048ABF44C27052CF329F2/xbi07a9ibi07a9ib 7-XSOD8W0NRPC2EASCVLD1idhusjcyu9cq

At present, New Paradigm’s deposit activities have entered the final sprint stage.

StakeStone and Mountain Protocol

In New Paradigm, the income of ETH pledged by the user is derived from the StakeStone protocol, and the pledged USDC income comes from the Mountain Protocol. Next, I will introduce these two major protocols in the Manta ecosystem:

(1) Stakestone

StakeStone is a full -chain LST LST (Liquid Stake token) protocol that is committed to building a decentralized integrated pledge protocol. A LST liquid cross -chain market provides easy pledge services for pledges. It relies on Hashkey Capital to obtain Secure3AudititAudit.https://github.com/secure3Audit/secure3acAdemy/blob/audit_reports/stakestone/stakestone_final_Audit_report.pdf

Users can deposit ETH to get Stone. For example, if the user A is stored in 100 ETH in exchange for a certain number of STONE, the value of 1 Stone will become 1.04 ETH one year later, and the user can use 100 STONE to extract 104 ETH from the Stakestone.

When users deposit ETH into Stakestone, they will immediately receive Stone.At the same time, the received ETH entered the insurance library contract and waited for deployment.After the deployment is executed, ETH in the vault contract will be sent to Lido in exchange for STETH, and then stores it in Stakestone’s strategic vault.

In the future, SETH may be stored in Eigenlayer for heavy pledge to obtain more benefits for Stone holders.

At present, the total amount of ETH in the Stakestone is growing steadily.The total number of ETHs reached 225,498, about $ 515m.

>

(Https://dune.pm/holymoon/stakestone)

(2) Mountain Protocol

Mountain Protocol is an institutional -level compliance regulatory income stable currency protocol. It was invested by CoinBase VenCTure and was audited by many well -known audit institutions such as OpenZeppelin.

It is supported by the short -term US Treasury bonds behind the stable currency USDM. U.S. Treasury bonds are one of the safest assets in the world.

The main reserves behind USDC and USDT are also short -term national debt in the United States. According to the risk rating report of the stabilized currency rating agency BlueChip, the risk rating of USDM is the same as DAI. Therefore, Mountain has the two important characteristics of security and compliance.

In New Paradigm, after the user will deposit in the stable currency USDC, Wusdm (Wrapped USDM) will be automatically received on Manta Pacific, similar to the WSTTH of Lido.

During the New Paradigm event, users can consider putting wusdm in other protocols for dolls. WUSDM can be used as any other ERC20 token to interact with various smart contracts, decentralized applications and wallets on L2Essence

The current amount of USDM has reached $ 136M according to the data of Defillama, which has greatly increased after cooperation with Manta.

>

(Https://defillama.com/protocol/mountain-protocol)

List of ecological data and ecological projects

Judging from the data of L2 Beat, the current Manta’s TVL has reached $ 559M, which has surpassed the hot L2 public chain such as Linea, StarkNet, which is currently ranked sixth.

>

From the data on the chain, the current TX in the MANTA ecosystem has reached nearly 700W pens, and the total wallet address has reached 446,454. It has increased a lot of growth in nearly three months on the chain.

>

(Https://analytix.web3go.xyz/layout/dashboarddetail/3A6F41B3-BB1C-43B1-A1E8-BD115803E3E31))))))))))

At present, there are more than 200 ecosystem projects on Manta Pacific. Most of the projects have not issued coins. It is foreseeable that this Manta brings a large number of new users through the New Paradigm activity.This part of the funds will continue to circulate in the ecosystem, interact with projects in the Manta ecosystem, and gradually cultivate loyal users on the chain.

The following is an introduction to some key ecological projects on Manta:

1. Quickswap: Quickswap is the largest trading volume in the Manta ecosystem. It is also one of the largest and most well -known DEX ecological volume of Polygon.

2. Izumi Finance: Izumi is a multi -chain DEFI protocol. It provides one -stop liquidity services (LaaS). It innovatively proposes discrete liquidity automatic market models. It has obtained iOSG Ventures, distributed capital, Hashkey Capital, Bixin Ventures and so onInvestors are over $ 50M financing.

3. Layerbank: Layerbank is currently the largest borrowing agreement in the Manta ecosystem. The agreement has been audited by PECKSHIELD. At present, TVL has reached $ 265M. It has deployed on Linea and Scroll, but the main TVL is currently distributed in Manta.

4. Symbiosis: Symbiosis is a cross -chain DEX and liquidity protocol. It has obtained $ 2M financing from DWF Labs, Shima Capital, Binance Labs, Dragonfly, Amber Group.

5. PacificSWap: Pacifiswap is a DEX protocol using the VE (3,3) model. Based on the Pancake Swap model development, an innovative CLAMM algorithm is used.

6、AsMatch:AsMatch 是基于零知识证明ZK 的在线约会应用,用户可通过左滑或右滑,选择匹配或不匹配其他用户,还可将zkSBT 的ZK Proof Key 填入App,验证链上行为及Identity belongs to the Social category in MANTA.

7. Orbiter Finance: Orbiter Finance is a decentralized Rollup Bridge used to transfer the native assets of Ethereum. It provides infrastructure for Layer 2. It is one of the largest cross -chain bridges at present.M financing.

8. Minibridge: Minibridge is a cross -chain bridge optimized for small transfer scenarios. It has the advantages of low rates and fast -receiving accounts. It is rated as the user’s favorite bridge on Dappsheriff.Minibridge is Ethereum Shanghai 2023 winning team.

>

Summarize

随着2024 年的发币临近,MANTA 代币带来的空投势必会在2024 年第一季度为L2 的话题度再添砖加瓦,同时随着Manta 在下一阶段与Celestia 的集成,模块化区块链与ZK EVM’s dual features can bring unique advantages to Manta.

Therefore, in the case of most of the projects in this stage, the strong background of the Binance Investment, the degree of volume on the chain is much smaller than the chain of ZKSYNC.The future airdrops of income and ecological projects can be said to be very cost -effective.

  • Related Posts

    Quick view of Binance HODLer’s latest airdrop project Particle Network

    Source: Binance official website, Particle Network official website, white paper; compiled: Bitchain Vision On March 24, 2025, according to Binance’s official announcement, Binance HODLer airdrop has now launched the 13th…

    Ethereum declines, PVP prevails, misses the summer of 2020

    Jessy(@susanliu33), bitchain vision Vitalik disappeared on X for over 20 days. During these 20 days, Ethereum’s price has repeatedly fallen below investors’ psychological defense. On March 12, the exchange rate…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    From traditional replication to innovation Can Backpack seize the future?

    • By jakiro
    • March 26, 2025
    • 25 views
    From traditional replication to innovation Can Backpack seize the future?

    Saylor’s $200 trillion BTC strategy: U.S. BTC domination and immortality

    • By jakiro
    • March 26, 2025
    • 26 views
    Saylor’s $200 trillion BTC strategy: U.S. BTC domination and immortality

    Ethereum’s two major upgrades to Pectra and Fusaka are explained in detail. What will be brought to ETH?

    • By jakiro
    • March 26, 2025
    • 25 views
    Ethereum’s two major upgrades to Pectra and Fusaka are explained in detail. What will be brought to ETH?

    Coingecko: How do investors view the potential of crypto AI technology?

    • By jakiro
    • March 26, 2025
    • 60 views
    Coingecko: How do investors view the potential of crypto AI technology?

    Galaxy: Research on the current situation of Futarchy governance system and on-chain forecast market

    • By jakiro
    • March 26, 2025
    • 19 views
    Galaxy: Research on the current situation of Futarchy governance system and on-chain forecast market

    The latest updates from ETH and Solana: What are the things to pay attention to?

    • By jakiro
    • March 25, 2025
    • 22 views
    The latest updates from ETH and Solana: What are the things to pay attention to?
    Home
    News
    School
    Search