Mantle MNT Price

What is Mantle (MNT)?

Mantle Network emerges as a groundbreaking Layer-2 technology stack, primarily designed to enhance Ethereum's scalability. Launched in 2023, this innovative platform is characterized by its EVM (Ethereum Virtual Machine) compatibility, ensuring that existing Ethereum contracts and tools operate seamlessly with minimal modifications. Mantle Network stands out with its modular architecture, incorporating an optimistic rollup protocol alongside a unique data availability solution, EigenLayer. This design not only inherits Ethereum's security but also substantially lowers fees and improves data accessibility.

The network's distinctive feature is its DAO (Decentralized Autonomous Organization) governance model. Unlike traditional platforms with a single founder, Mantle Network thrives under the collective decision-making of $MNT token holders. This approach has been pivotal in shaping its direction and advancements. The MNT token, integral to the network, serves various purposes: from paying gas fees to participating in governance and growing the ecosystem.

What truly sets Mantle Network apart is its commitment to performance and user experience. By leveraging Optimistic rollups, the network executes transactions off-chain, settling them on the Ethereum main chain. This strategy not only accelerates transaction processing but also reduces costs, addressing the main Ethereum blockchain's limitations. With over 14 million transactions processed during its testnet phase and the successful deployment of numerous smart contracts, Mantle Network is poised to drive the mass adoption of token-governed technologies, reshaping the landscape of Ethereum-based applications and transactions.

What is unique about Mantle (MNT)?

Mantle Network's uniqueness lies in its modular architecture, EVM compatibility, and DAO governance, enabling enhanced scalability and performance on Ethereum at low fees​.

Who are the founders of Mantle (MNT)?

Mantle Network does not have a single founder. It is a DAO-governed network, with jacobc.eth and Ben Zhou being key contributors to its initial proposal​​.

Who are the backers/investors of Mantle (MNT)?

Mantle Network is backed by BitDAO, with investors like Peter Thiel, Founders Fund, Pantera Capital, and Dragonfly Capital. It also benefits from a $200M ecosystem fund​​​​.

Where can I buy Mantle (MNT)?

You can buy Mantle (MNT) on MEXC, Gate.io, Bybit, CoinbaseKraken cryptocurrency exchanges.