Mantle

What is Mantle (mnt) and how Does It Work?

The Mantle Network is developed utilizing Ethereum rollup technology, aligning greatly with community principles. Its identifiable products include the Mantle Liquidity Staking Protocol (LSP), where one has the option to stake ETH. Layer-1 operates via a central sequencer to establish L2 blocks and state root publishing. Additionally, roll technology techniques coupled with the application of EigenDA technology aim to lower overheads and hasten finality on the Mantle LSP. Planned to support the creation of optimized dApps, the Mantle Network, directed by MNT token agreement, strives for user-friendly interaction on Ethereum's layer2 network. Here, the MNT token compensates for transaction expenses and serves as node collateral.

Rooted in the BitDAO community, this system places an accent on blockchain interoperability and practical applications for Ethereum's scalability and efficiency. The platform design integrates an execution component, a data availability element, and token collateralization mechanisms. EVM-compatible Layer-2 scaling tactics and Optimistic Rollups enhance security and facilitate a substantial number of transactions. Further, EigenDA technology is key in sustaining data consistency and availability. Technology for compressed blocks is employed in order to boost transaction throughput. Included in the Mantle Network is a Mantle EcoFund that aids university collectives, hubs, and technology associates of Mantle Products. A Mantle Reward Station is also part of this network, responsible for distributing rewards to Traders. LSP provides the choice to stake ETH in return for mETH and a reserve of MNT tokens contributes to the network's development and upkeep.

How to Buy and Store Mantle (mnt)?

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