Manta Network, High Potential L2 Backed by Binance Labs

November 3rd, 2023

Manta Pacific, an exclusive L2 designed for EVM-native Zero-Knowledge (ZK) applications. Let's see how you can interact with the chain to increase your chance for possible $Airdrop 🪂

🧵 A-Thread by #AlphaInsiders 🕵️⚡️

⭕️ Dont Farm Airdrops

Disclaimer

🔴 What is Manta?

Manta offers two networks:

🔸 Manta Atlantic (L1): The fastest & most decentralized ZK Layer1 supporting on-chain compliance identities and credentials.

🔸Manta Pacific (L2), the first EVM-native modular execution layer for wide ZK applications adoption

In this thread, our main focus is Manta Pacific's great features, but we may discuss L1 in another thread later

⭕️Top Features:

🔸 Manta Pacific offers programmable ZK as an EVM-native L2

🔸 Manta’s Universal Circuits enable easy ZK application development using only Solidity

🔸 Leveraging Celestia for data availability and the OP Stack for scalability, Manta provides high scalability/low transaction fees for ZK apps.

⭕️ Recently Manta partnered with @0xPolygonLabs to transition #MantaPacific to a zkEVM using Polygon CDK.

🔴 Backers and Raised Funds

Manta Network has raised almost $32M in 3 rounds since Feb 2021 and it is backed by some of the well-known names including @Polychain and @BinanceLabs. In the past July, they raised $25M Series A which has a valuation of $500 million 🔥

Manta Pacific officially launched its Mainnet Alpha on September 12, 2023. Alpha represents the MVP of Manta Pacific–a functional EVM-based L2 with the first-generation of Universal Circuits.

Also, the date that Manta Pacific became fully operational

🔴 $Manta

The Manta Token has been confirmed, and you can anticipate one or more airdrop rounds to be distributed to active users on the network.

You probably have minted SBT on Manta Atlantic

And there are a few on Pacific

🔴 What you can do?

🔸The first step is to Bridge funds. You can use the native bridge which is only possible from Ethereum Mainnet

or use the bridges that make it 2Birds1Stone

🔸Swaps

https://izumi.finance/home

https://app.mesprotocol.com/spot/ETH-USDC

https://pacificswap.xyz/swap

https://app.zendex.finance/swap?chain=manta

https://app.aperture.finance/swap