Mantle
MNT

The Crucial Info About Mantle

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Mantle
MNT
$ 0.729265 -0.28%

Market cap

$ 2,451,516,605

Volume (24h)

$ 55,090,763

Total supply

6,219,316,795 MNT

Max. supply

MNT 6.21B

Circulating supply

3,364,694,383 MNT

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MNT
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Frequently Asked Questions (FAQ) – Mantle (MNT)

What is Mantle (MNT), and how does it work?

Mantle (MNT) is a Layer 2 blockchain solution designed to improve Ethereum’s scalability and efficiency. It uses advanced rollup technology to batch transactions off-chain before finalizing them on Ethereum’s mainnet. This significantly reduces congestion, lowers transaction fees, and enhances overall speed while maintaining the security and decentralization of Ethereum.

Mantle operates as a modular blockchain, separating execution, consensus, and data availability layers. This design improves performance and makes it more adaptable for various decentralized applications (dApps) and developers.

Who founded Mantle, and what is its history?

Mantle was launched by BitDAO, one of the largest decentralized autonomous organizations (DAOs) in the blockchain space. The goal was to create a highly efficient and cost-effective Layer 2 solution that could power next-generation dApps and DeFi projects. Over time, Mantle has gained traction by offering a seamless and scalable infrastructure for developers looking to deploy smart contracts without Ethereum’s high gas fees.

What makes Mantle different from other Layer 2 solutions?

Mantle stands out due to its modular blockchain architecture and hybrid rollup technology. Unlike traditional rollups, which rely solely on Optimistic or ZK-rollups, Mantle leverages an innovative data availability layer to enhance transaction finality and reduce costs. This approach improves scalability while maintaining Ethereum’s security and decentralization.

Additionally, Mantle benefits from its association with BitDAO, granting it access to significant funding and community-driven governance, ensuring long-term sustainability and innovation.

How does Mantle improve scalability and reduce transaction costs?

Mantle batches multiple transactions together before submitting them to the Ethereum mainnet. By reducing the frequency of transactions on Layer 1, it decreases congestion and significantly lowers gas fees.

Its modular design further optimizes performance by enabling better resource allocation. Instead of handling execution, consensus, and data availability in one layer, Mantle distributes these processes, making transactions faster and cheaper.

What are the key features of Mantle’s Layer 2 architecture?

Mantle’s architecture is built with efficiency and scalability in mind. Its key features include:

  • Modular Blockchain Design:Separates execution, consensus, and data layers to enhance efficiency.
  • Hybrid Rollup Technology:Uses Optimistic and ZK-rollup techniques for faster and cheaper transactions.
  • Decentralized Data Availability Layer:Reduces transaction fees by optimizing storage and validation.
  • Ethereum Compatibility: Fully supports Ethereum Virtual Machine (EVM) applications and smart contracts.
What is the MNT token, and what are its main use cases?

MNT Token & Governance

The MNT token is the native cryptocurrency of the Mantle ecosystem. It plays a crucial role in network governance, transaction processing, and incentivizing participants within the Mantle ecosystem. Its primary use cases include:

  • Governance:MNT holders can vote on proposals and protocol upgrades.
  • Transaction Fees:MNT is used to pay for gas fees on the Mantle network.
  • Staking & Security:MNT can be staked to help secure the network and earn rewards.
  • Incentives for Developers & Users: The token supports ecosystem growth by rewarding developers and liquidity providers who contribute to Mantle’s adoption.
How does Mantle’s governance model work?

Mantle follows a decentralized governance model powered by BitDAO. MNT holders can participate in decision-making through on-chain voting, allowing the community to influence the protocol’s development, including network upgrades, treasury allocations, and incentive programs.

Governance proposals are typically submitted and discussed in community forums before formal on-chain voting takes place. A proposal must meet certain voting thresholds to be approved and implemented.

How can MNT token holders participate in decision-making?

MNT holders can participate in governance by delegating or directly voting on Mantle Improvement Proposals (MIPs). The process usually involves:

  1. Proposals:Community members or developers submit proposals for upgrades or changes.
  2. Discussion:The Mantle community reviews and debates the proposal.
  3. Voting:MNT holders cast votes through decentralized governance mechanisms.
  4. Implementation:Approved proposals are executed by the Mantle development team or smart contract mechanisms.

By participating in governance, MNT holders influence the network’s evolution and ensure it remains community-driven.

What is the staking mechanism for MNT, and how do users earn rewards?

Mantle allows users to stake MNT tokens as a way to contribute to network security and earn passive rewards. The staking process generally works as follows:

  • Users lock up their MNT tokens in a staking contract.
  • In return, they earn staking rewards, often paid in MNT.
  • Stakers may also receive additional incentives, such as governance rights or participation in ecosystem incentive programs.

Mantle’s staking mechanism is designed to encourage long-term participation while maintaining network stability.

What are the risks of holding and staking MNT tokens?

While staking MNT offers rewards, it also comes with risks, including:

  • Market Volatility:The value of MNT can fluctuate, impacting returns.
  • Smart Contract Risks:Staking contracts may have vulnerabilities if not properly audited.
  • Lock-up Periods:Some staking mechanisms require users to lock up their tokens for a set duration, limiting liquidity.
  • Governance Changes:Since Mantle is governed by its community, unexpected protocol changes could impact stakers.

Before staking, users should conduct thorough research and consider their risk tolerance.

How can developers deploy smart contracts on Mantle?

Transactions & Smart Contracts

Developers can deploy smart contracts on Mantle using Ethereum-compatible tools, such as Solidity and Hardhat. The process involves:

  1. Setting up a development environmentwith frameworks like Remix, Truffle, or Hardhat.
  2. Writing smart contractsusing Solidity.
  3. Deploying the contractson Mantle’s Layer 2 network using RPC endpoints.
  4. Testing and optimizingcontract performance to ensure efficiency.

Since Mantle is fully EVM-compatible, developers can migrate Ethereum-based applications to Mantle with minimal modifications.

Is Mantle compatible with Ethereum’s EVM?

Yes. Mantle is fully compatible with Ethereum Virtual Machine (EVM), meaning that smart contracts and dApps built for Ethereum can seamlessly run on Mantle. This compatibility allows developers to leverage Ethereum’s extensive ecosystem while benefiting from lower fees and faster transactions.

How does Mantle ensure fast and cost-effective transactions?

Mantle achieves high-speed and low-cost transactions through:

  • Hybrid Rollup Technology:Transactions are bundled off-chain and settled on Ethereum’s Layer 1.
  • Optimized Gas Fees:By handling most operations off-chain, Mantle significantly reduces gas fees compared to Ethereum.
  • Efficient Data Availability Layer:Mantle uses decentralized storage solutions to improve efficiency while lowering costs.

These innovations enable users to perform transactions quickly and affordably without sacrificing security.

What wallets support MNT tokens and Mantle-based transactions?

Mantle is supported by multiple wallets, including:

  • Hardware Wallets:Ledger, Trezor (for maximum security).
  • Software Wallets:MetaMask, Trust Wallet, and Coinbase Wallet.
  • Mobile & Web Wallets:Rabby Wallet, WalletConnect-compatible wallets.

Users can store, send, and receive MNT securely using these wallets.

How can users bridge assets between Ethereum and Mantle?

Users can transfer assets between Ethereum and Mantle using the Mantle Bridge, a cross-chain transfer tool. The bridging process includes:

  1. Connecting a wallet(e.g., MetaMask) to the Mantle Bridge interface.
  2. Selecting assetsto bridge from Ethereum to Mantle or vice versa.
  3. Approving the transactionand waiting for confirmation.
  4. Receiving assetson the destination chain.

Bridging enables users to take advantage of Mantle’s Layer 2 benefits while maintaining access to Ethereum’s liquidity.

What types of decentralized applications (dApps) are built on Mantle?

Ecosystem & Adoption

What types of decentralized applications (dApps) are built on Mantle?

Mantle supports a growing ecosystem of decentralized applications (dApps) across multiple sectors, including DeFi, NFTs, gaming, and Web3 infrastructure. Since Mantle is an EVM-compatible Layer 2 solution, developers can easily migrate Ethereum-based applications while benefiting from lower costs and improved scalability.

Some common dApp categories on Mantle include:

  • Decentralized Finance (DeFi):Lending, borrowing, yield farming, and automated market makers (AMMs).
  • NFT Marketplaces:Platforms for minting, buying, and selling digital assets.
  • Blockchain Gaming:Play-to-earn (P2E) games and metaverse projects.
  • DAO & Governance Tools:Community-driven protocols for decentralized decision-making.
  • Cross-Chain Bridges:Solutions that enable interoperability between Ethereum and Mantle.

Mantle’s ecosystem continues to expand as more developers deploy dApps to take advantage of its high throughput and low transaction fees.

How does Mantle support DeFi, gaming, and NFT projects?

Mantle provides an optimized environment for DeFi, gaming, and NFT applications by addressing key challenges like high transaction fees and network congestion. Here’s how it enhances each sector:

  • DeFi:Mantle offers a scalable and cost-effective alternative to Ethereum’s Layer 1. Lower fees and fast settlement make it ideal for DeFi protocols, including decentralized exchanges (DEXs), lending platforms, and yield aggregators.
  • Gaming:High transaction speeds and low-cost microtransactions enable seamless blockchain gaming experiences. Mantle’s architecture supports NFT-based in-game assets, cross-chain compatibility, and real-time transactions without delays.
  • NFTs:Mantle reduces the cost of minting and transferring NFTs, making it more accessible for artists, collectors, and platforms that want to scale without high gas fees.

Mantle also collaborates with developers and provides grants, funding, and resources to expand its ecosystem across these sectors.

What are some notable partnerships and integrations in the Mantle ecosystem?

Mantle has formed strategic partnerships with major blockchain projects, DeFi protocols, and Web3 infrastructure providers to enhance adoption. While the ecosystem is still growing, some key collaborations include:

  • BitDAO:One of the largest DAO-governed treasuries, supporting Mantle’s development and funding ecosystem growth.
  • Ethereum Layer 1 & Bridges:Cross-chain integrations that allow seamless movement of assets between Ethereum and Mantle.
  • Liquidity Providers & DEXs:Partnerships with decentralized exchanges and automated market makers (AMMs) to improve trading efficiency.
  • Web3 Gaming & NFT Platforms:Collaborations with gaming projects and NFT marketplaces to enhance the user experience on Layer 2.

Mantle continues to integrate with leading blockchain projects to expand its ecosystem and offer new opportunities for developers and users.

What incentives does Mantle offer for developers and liquidity providers?

To encourage adoption, Mantle provides various incentive programs for developers, liquidity providers, and users who contribute to the network. These incentives include:

  • Developer Grants:Mantle offers grants and funding through its treasury to support innovative dApps and infrastructure projects.
  • Liquidity Mining & Yield Farming:Users who provide liquidity to Mantle-based DeFi platforms can earn rewards in MNT and other tokens.
  • Gas Fee Subsidies:Developers and projects may receive gas fee rebates to reduce the cost of deploying and running dApps.
  • Staking & Governance Rewards:MNT holders can earn staking rewards while participating in the network’s governance.

By fostering a developer-friendly and liquidity-rich ecosystem, Mantle aims to accelerate adoption and establish itself as a leading Layer 2 solution.

What is the future roadmap for Mantle, and how does it plan to grow?

Mantle has an ambitious roadmap focused on scalability, decentralization, and ecosystem expansion. Some key areas of development include:

  • Optimizing Layer 2 Performance:Mantle continues to improve its rollup technology to enhance transaction speeds and reduce costs.
  • Expanding Multi-Chain Capabilities:Future upgrades will strengthen cross-chain functionality to connect Mantle with more blockchains beyond Ethereum.
  • Enhancing Decentralization:Mantle is working toward a more decentralized validator set to improve security and reduce reliance on centralized infrastructure.
  • Growing the dApp Ecosystem:More developer incentives, grants, and integrations are planned to attract a diverse range of projects.
  • Institutional Adoption & Compliance:Mantle is exploring ways to onboard enterprise and institutional partners while maintaining a decentralized structure.

With its scalability, low fees, and developer incentives, Mantle is positioning itself as a key player in the next generation of blockchain innovation.

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