What Is Mantle Network (MNT)?
Mantle Network is an L2 technology stack for scaling Ethereum, and is the first core product of Mantle Ecosystem. Mantle Network strives to be compatible with the Ethereum Virtual Machine. Mantle Network’s modular architecture separates transaction execution, data availability, and transaction finality into modules — which can be individually upgraded and adopt the latest innovations.
Mantle (MNT) is a cryptocurrency associated with the Mantle Network, which is a high-performance layer-2 network built on Ethereum. As of now, the price of MNT is approximately $1.19, with a 24-hour trading volume of around $161.7 million. Currently, Mantle is valued about 21.22% below its all-time high of $1.50, reflecting a recent decrease of approximately 4.56%.
As the world’s first DAO-spawned L2, Mantle Network is pioneering a vision for the mass adoption of token-governed technologies.
MNT is the native token used for:
Paying gas fees
Growing the ecosystem
Governance by the community
Who Are the Founders of Mantle Network (MNT)?
There is no single founder. Mantle Network is a DAO-governed and accelerated network, where key decisions are made via governance by $MNT holders. jacobc.eth and Ben Zhou were early key contributors to the initial proposal that introduced Mantle Network.
What Makes Mantle Network (MNT) Unique?
Mantle Network’s modular architecture hyperscales network performance at low fees and with faster finality. DApps can be built with exceptional UX, while relying on Ethereum’s unrivaled security.
Mantle Ecosystem also features a network of established partners and collaborators to support projects from conceptualization to infrastructure support and go-to-market strategies. Moreover, to support the next-generation of innovators, builders, and developers, Mantle is growing its ecosystem via Mantle Grants Program and Mantle EcoFund, a catalyzed capital pool of $200M.
How Many Mantle Network (MNT) Coins Are There In Circulation?
Mantle token (MNT) powers Mantle Network as its native gas token and ecosystem growth token, and serves as the governance token of Mantle Governance. All future Mantle products will likewise be initiated by the Mantle token holder community through vote and powered by Mantle token.
The total supply of MNT is 3,172,988,154 tokens and the current distribution of MNT is split with 51% in circulation and 49% allocated to Mantle Treasury.
How Is Mantle Network (MNT) Secured?
Mantle Network is the first L2 to partner with ETH restaking protocol EigenLayer for the data availability module. By adopting a rollup architecture, Mantle Network is secured by Ethereum.
Where Can You Buy Mantle (MNT)?
MNT is available on the following exchanges: Bybit, MEXC, BingX, Huobi, Gate, Coinone and Korbit.
What is mantle MNT?
Mantle Network (MNT) is a decentralized finance (DeFi) platform designed to facilitate various financial services such as lending, borrowing, and trading without the need for traditional financial institutions. It leverages blockchain technology to ensure security, transparency, and accessibility.
Is MNT coin a good investment?
If Mantle (MNT) establishes itself as a good investment in 2024, this year would be favorable to cryptocurrency. In conclusion, the bullish Mantle (MNT) price prediction for 2024 is $2.5496.
What is the MNT coin?
As the world’s first DAO-spawned L2, Mantle Network is pioneering a vision for the mass adoption of token-governed technologies. MNT is the native token used for: Paying gas fees. Growing the ecosystem. Governance by the community.
What is the MNT digital currency?
Featuring optimistic rollups and modular architecture, it leverages Ethereum validators to increase throughput while decreasing gas fees. The MNT token serves both as a governance and utility token, allowing users to participate in the ecosystem’s DAO and to pay transaction fees.
What is the future of mantle coin?
Our most recent Mantle price forecast indicates that its value will increase by 11.2% and reach 1.36 by December 17, 2024. Our technical indicators signal about the Bullish Bullish 76% market sentiment on Mantle, while the Fear & Greed Index is displaying a score of 80 (Extreme Greed).
Is the mantle network safe?
Mantle’s focus on high throughput, low fees, and Ethereum security makes it an ideal partner for Safe. The integration adds an extra layer of security to decentralized apps by leveraging Safe’s multi-signature technology, which requires multiple signatories to approve transactions.
What does mantle coin do?
Mantle (MNT) is a Layer 2 scaling solution for Ethereum, built on top of the Ethereum blockchain. It leverages Optimistic Rollup technology to securely log transactions off-chain before settling them on-chain, offering lower transaction fees and higher throughput compared to Ethereum.
How fast is the mantle network?
Mantle claims to provide a block time of about 10 milliseconds and a transaction speed of 500 TPS, about 20 times faster than the main network’s 32 TPS.
How fast is the mantle network?
Mantle claims to provide a block time of about 10 milliseconds and a transaction speed of 500 TPS, about 20 times faster than the main network’s 32 TPS.
When was the mantle coin launched?
July 2023
Mantle was one of the hottest topics in the world of crypto in July 2023, when it was launched.
