KEY TAKEAWAYS
- Mantle Network is advancing blockchain innovation with its modular design and integration of EigenLayer and EigenDA technology.
- The network plans significant upgrades, including mainnet integration of EigenDA to enhance data availability and testnet integration of a ZK proving system to boost transaction speed.
- With a $4 billion treasury, Mantle Network offers substantial rewards and incentives, fostering ecosystem growth and developer support.
- Initiatives like the Mantle Grants program and EcoFund aim to build a strong community and drive on-chain financial innovation.
Mantle Network, a core component of Mantle’s innovation strategy, is making significant strides in the blockchain space. Known for its modular design and as the first adopter of EigenLayer and EigenDA technology, Mantle Network has integrated over 250 decentralized applications (dApps) and projects. With nearly half a million users and 171 million transactions recorded, the network is poised to enhance its offerings by combining blockchain technology with deep liquidity and sustainable yield opportunities.
Mainnet and Testnet Upgrades
The Mantle Network’s new technical roadmap includes two critical upgrades slated for the first half of the year. The mainnet integration of EigenLayer’s EigenDA aims to improve data availability and censorship resistance. This upgrade will enhance the network’s bandwidth, allowing a maximum throughput of 15MB/s, which supports scalability as usage grows.
Additionally, the testnet integration of Succinct’s SP1, a cutting-edge zero-knowledge (ZK) proving system, is set to improve transaction speed by 168 times. This system will enable fast finality, with transactions finalized in just one hour, and ensure full Ethereum Virtual Machine (EVM) compatibility. The integration also aims to reduce prover fees, making transactions cost-efficient for users.
Expanding Ecosystem and Developer Support
Mantle Network continues to expand its ecosystem, offering enhanced yield and incentives through its $4 billion treasury. In 2024, more than $50 million in rewards were distributed in various tokens, including $MNT, $mETH, and $COOK. The network’s initiatives, such as the Mantle Rewards Station and themed events, provide users with diverse benefits from multiple dApps.
Developers on Mantle Network benefit from a robust platform designed to simplify the building process. With comprehensive support, including technical resources and community engagement, developers can focus on innovation. The network hosts a variety of dApps, such as Merchant Moe and Ethena Labs, which contribute to the growth of DeFi, SocialFi, and GameFi sectors.
As Mantle Network continues to innovate, it aims to foster a strong community through initiatives like the Mantle Grants program and the $200 million Mantle EcoFund. By organizing hackathons and supporting regional communities, Mantle Network is set to pave the way for a more efficient and interconnected on-chain financial future.
For more details, visit the official announcement here.
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