What is Mantle? An in-depth look at Mantle (MNT)

ethereum

ensuring adaptability and high performance.

EigenDA Data Availability: Mantle utilizes EigenDA to power a decentralized data availability layer, enabling faster and cheaper transactions while maintaining security.

EVM Compatibility: Developers can easily deploy their Ethereum smart contracts on Mantle with minimal adjustments, simplifying the migration or creation of decentralized applications (dApps).

Mantle (MNT) Token: Utility and Governance

The native token of the Mantle Network, MNT, serves a dual purpose within the ecosystem:

Gas Fees: MNT is utilized for paying transaction fees on the Mantle Network instead of relying on Ethereum’s ETH.

Governance: Holders of MNT have the opportunity to participate in decentralized governance through DAO voting, impacting the network’s development and treasury management.

MNT is an ERC-20 token on Ethereum and is also available as a bridge-wrapped token on Mantle’s Layer-2.

Mantle Ecosystem and EcoFund

Supported by $200 million in capital, the Mantle EcoFund is instrumental in accelerating the growth of Mantle’s ecosystem. This fund is dedicated to fostering innovative Web3 projects and collaborates with renowned venture capital firms such as Polychain and Dragonfly, with strategic guidance from Mirana Ventures. Bybit plays a pivotal role in enhancing Mantle’s liquidity and facilitating seamless interoperability between DeFi and CeFi platforms.

Effortlessly Monitor Your Mantle Holdings with Nansen Portfolio

Looking to manage your Mantle (MNT) investments effectively? Nansen Portfolio is your solution for seamlessly tracking your Mantle holdings, in addition to all your other crypto assets, across multiple blockchains in a unified dashboard.

Nansen Portfolio offers real-time insights into your portfolio performance, DeFi positions, and transaction history, now fully integrated with Mantle data.

Why Choose Nansen Portfolio for Mantle?

Comprehensive Multi-Chain Support: Monitor Mantle and over 10 other blockchains to stay informed about your entire crypto portfolio.

Real-Time Analytics: Access the latest on-chain data, wallet balances, and DeFi activities related to Mantle and beyond.

Custom Alerts & Smart Money Tracking: Set alerts for significant transactions and track high-performing wallets within the Mantle ecosystem.

Easy Setup: Simply input your wallet address into the Nansen Portfolio dashboard to begin tracking your Mantle assets immediately.

Disclaimer

This content, authored by members of Nansen, may involve participation or investments in the protocols or tokens discussed. It serves as a disclosure of potential conflicts of interest and does not constitute financial advice or recommendations regarding token purchases or investments. The content is purely educational and informational in nature, urging readers to exercise caution and consider personal circumstances before making any financial decisions involving tokens or protocols. Observations and views expressed may change without notice, and Nansen assumes no liability for losses arising from reliance on this content.