Manta Network

Manta Network is a multi-modular ecosystem focused on zero-knowledge (ZK) technology. Understand the complete details of Manta in this article.

What is Manta Network? Understanding Privacy DeFi Platforms

thumbnail_Apa Itu Manta Network - Bittime (1).webp

Apa Itu Manta Network - Bittime (1).webp

Manta Network offers high-performance, modular blockchain infrastructure with low transaction fees through Manta Pacific and Manta Atlantic.

What is a Manta Coin? This is the explanation!

<img src="https://static.bittime.com/cms-static/upload/What_is_a_Manta_Coin_This_is_the_explanation_cd860c675e.webp" alt="What is a Manta Coin? This is the explanation!" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en?cn=400001">Bittime</a> -&nbsp;Manta Network offers high-performance, modular blockchain infrastructure with low transaction fees through Manta Pacific and Manta Atlantic. With a TVL of over $700 million, Manta Network supports Zero-Knowledge (ZK) applications and cryptographic interoperability.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=edu&amp;cn=400002"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">What is a Manta Coin?</h2>Manta Network consists of two main parts, Manta Pacific and Manta Atlantic, and offers high-performance infrastructure with low transaction costs; it is a powerful new player in the world of modular blockchain. Manta Pacific uses Celestia technology to ensure data availability and zkEVM to improve scalability; Manta Atlantic, on the other hand, concentrates on ZK compliance credentials, which enable seamless cryptographic interoperability.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?content_id=edu&amp;cn=400002"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="cara trading di bittime" width="2985" height="620"></a>Manta Network is poised to become a major player in blockchain development, backed by leading web3 investors and having a Total Value Locked (TVL) of over $700,000,000. Manta Network helps the development and deployment of zero-knowledge (ZK) applications with a developer-focused and Universal Circuits approach.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">What is the Manta Network Structure Like?</h2>A two-pronged method is used by Manta Network to meet custom Web3 development needs. Manta Pacific is an Ethereum layer 2 component designed to support Zero-Knowledge (ZK) applications of the Ethereum Virtual Machine (EVM). To improve scalability, Celestia technology is used to ensure data and zkEVM availability.Instead, Manta Atlantic concentrates on Zero-Knowledge (ZK) compliance credentials. It introduced zkSBTs (Zero-Knowledge Simple Barter Tokens), which supports a private, reusable, and auditable address system known as zkAddresses. Manta Atlantic functions as Layer 1 on Polkadot.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Is it Worth it to Invest in Manta?</h2>Manta Network appears to have a neutral prediction for 2024 after looking at various technical metrics. Before investing in any cryptocurrency, always check the fundamental and technical analysis. Institutional adoption, on-chain activity, and price activity can provide further insight into a project's potential value.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Conclusion</h2>The two main parts of the Manta Network are Manta Pacific and Manta Atlantic. Manta Pacific focuses on Zero-Knowledge (ZK) compliance credentials and supports zkSBT and zkAddresses for seamless cryptographic interoperability, while Manta Atlantic uses Celestia technology to ensure data availability and zkEVM to increase scalability.With a Total Value Locked (TVL) of over $700,000,000, the project has received significant support from leading web3 investors. Manta Network offers high-performance infrastructure with low transaction costs and a developer-focused approach to supporting Zero-Knowledge (ZK) application development and deployment.However, to invest in Manta Coin, you must perform in-depth technical and fundamental analysis. Although the predictions are neutral for 2024, possible institutional adoption, on-chain activity and price movements must be considered.<h2 style="line-height:2.16;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=edu&amp;cn=400002"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=edu&amp;cn=400002">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=edu&amp;cn=400002"> of&nbsp;Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=edu&amp;cn=400002">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=edu&amp;cn=400002"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

thumbnail_What is a Manta Coin? This is the explanation!

Manta Foundation will gradually allocate stablecoin assets in their treasury to RWA wUSDM. Read this article for more news!

Manta Foundation Allocates Treasury Stablecoin to RWA

<img src="https://static.bittime.com/cms-static/upload/Manta_Foundation_Allocates_Treasury_Stablecoin_to_RWA_39f36b8ed8.png" alt="Manta Foundation Allocates Treasury Stablecoin to RWA" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;The Manta Foundation has just announced that it will gradually allocate stablecoin assets in its treasury to Real World Asset (RWA) wUSDM assets, which are backed by BlackRock.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Lucky_Draw_Bittime_072d476ddf.jpg" alt="Lucky Draw Bittime" width="746" height="155"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Manta Allocates Stablecoin to RWA&nbsp;</h2>Manta Foundation has decided to allocate their treasury stablecoin assets to wUSDM, a yield-bearing stablecoin backed by BlackRock's BUILD Fund.&nbsp;These assets are managed by Securitize and deployed by Mountain Protocol at Manta Pacific. The Manta Foundation aims to improve the financial stability and security of the Manta Network ecosystem, which is growing rapidly.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Staking_Meme_Coin_3f18ac9bb9.jpg" alt="Staking Meme Coin" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">The Importance of RWA in the Crypto Ecosystem</h2>Real World Assets (RWA) such as wUSDM is becoming increasingly important in the crypto ecosystem as it provides necessary stability amidst the volatility of the crypto market. RWA is a real-world asset represented in digital form, which can be traded on a blockchain platform. In the case of wUSDM, this stablecoin provides yield and is backed by real assets managed by trusted entities such as BlackRock.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/login?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Gift_Bittime_15a13fc781.jpg" alt="Gift Bittime" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Benefits of Stablecoin Allocation to wUSDM</h2><ol style="margin-bottom:0;margin-top:0;padding-inline-start:48px;"><li style="background-color:transparent;color:#000000;font-family:Arial,sans-serif;font-size:11pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:decimal;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Financial Stability: By allocating stablecoin assets to wUSDM, Manta Foundation can ensure that their treasury assets remain stable and safe, even amidst extreme crypto market fluctuations.</li><li style="background-color:transparent;color:#000000;font-family:Arial,sans-serif;font-size:11pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:decimal;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Additional income: As a yield-bearing stablecoin, wUSDM provide additional income through interest earned on assets under management. This allows Manta Foundation to optimize the use of their treasury assets.</li><li style="background-color:transparent;color:#000000;font-family:Arial,sans-serif;font-size:11pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:decimal;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Trust and Security: Backed by BlackRock's BUILD Fund and managed by Securitize, wUSDM offers a high level of trust and security. This is important to ensure that allocated assets remain safe and secure.</li></ol><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Response of Manta Community</h2>The Manta Network community welcomes this step as an effort to strengthen the ecosystem and increase financial stability. The decision to allocate treasury assets to wUSDM shows Manta Foundation's commitment to creating a safe and sustainable ecosystem.This move could also have a positive impact on Manta prices. By increasing the stability and security of assets, investor confidence in Manta Network can increase, which can ultimately push the price of Manta to higher levels.&nbsp;In addition, additional income from wUSDM can be used to fund further development and other initiatives within the Manta Network ecosystem.<h2 style="line-height:1.656;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Cara_Beli_Crypto_di_Bittime_8a66f330dc.jpg" alt="Cara Beli Crypto di Bittime" width="776" height="273"></a>You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">&nbsp;Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001">&nbsp;Solana (SOL)</a>&nbsp;price and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Manta Foundation Allocates Treasury Stablecoin to RWA.png

Manta Foundation Allocates Treasury Stablecoin to RWA wUSDM 

Manta Network highlighted the issue of Polkadot being suspected of discriminating against Asian developers, especially Chinese developers. 

Manta CEO Asks Polkadot to Clarify Discrimination Issues

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Manta CEO Asks Polkadot to Clarify Asian Developers Discrimination Issues.png

Manta CEO Asks Polkadot to Clarify Asian Developers Discrimination Issues 

Manta Network is proud to announce that Mountain Protocol's wUSDM is now backed by BlackRock's BUIDL Fund.

wUSDM Manta Network Powered by BlackRock's BUIDL Fund

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 -  Manta Network is proud to announce that Mountain Protocol's wUSDM deployment on Manta Pacific is now backed by BlackRock's BUIDL Fund and facilitated through Securitize, BlackRock's transfer agent and tokenization platform for BUIDL. This marks a new chapter in long-term growth and security for all wUSDM holders.

BlackRock's commitment via the BUIDL Fund

BUIDL Fund (BlackRock USD Institutional Digital Liquidity Fund) represents BlackRock's commitment to integrating blockchain technology with traditional financial assets. The BUIDL Fund offers a stable value of $1 per token and pays daily accumulated dividends directly to investors' wallets as new tokens every month. Investments of 100% of its assets are in cash, U.S. bonds and U.S. bonds. Treasury and repurchase agreements, ensuring secure and transparent yield generation on the blockchain. Manta Network is proud to be one of the early adopters of the BUIDL Fund by supporting the assets it supports through on-chain earning stablecoins.

wUSDM at Manta Secured by BlackRock's BUIDL Fund

USDM is a Mountain Protocol-deployed stablecoin that has historically been backed by U.S. bonds. Treasury. Currently, USDM is also backed by BlackRock's BUIDL Fund. This is good news for the Manta Network community. The addition of support by BlackRock's BUIDL Fund increases the security and yield potential of wrapped USDM (wUSDM) by Mountain Protocol, as well as ensuring that wUSDM holders benefit from ownership of BlackRock, the world's leading asset management firm.

wUSDM on Manta Pacific was introduced during New Paradigm, where users stake USDC and receive wUSDM. More than $132 million wUSDM was minted on Manta Pacific during the New Paradigm campaign.

Additionally, users can leverage their wUSDM across various DeFi protocols within the Manta Network ecosystem and earn additional rewards and better capital efficiency, such as Shoebill Finance, Zerolend, Aperture Finance, and others.

This milestone confirms Manta Network's long-term investment in improving the use cases, security, and utility of RWAs available on Manta Pacific. The enhanced security and yield of wUSDM, backed by BlackRock’s BUIDL Fund, is an attractive prospect for users to take advantage of today.

Today, the Manta community can participate in Manta CeDeFi, the latest innovative product from Manta Network that offers institutional-grade yield and security to RWAs. Users who stake wUSDM will not only earn yield, but also receive mUSD, a Liquid Custody Token (LCT) on Manta Pacific.

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

  and other cryptos to find out today's crypto market trends in real-time on Bittime. 

Manta Network is proud to announce that Mountain Protocol's wUSDM deployment on Manta Pacific is now backed by BlackRock's BUIDL Fund and facilitated through Securitize, BlackRock's transfer agent and tokenization platform for BUIDL. This marks a new chapter in long-term growth and security for all wUSDM holders.