Deep Dive
1. Staking Goes Live (28 October 2025)
Overview:
Manta Pacific introduced native staking via SymbioticFi, enabling users to delegate $MANTA to operators for rewards. The upgrade reduces finality times from days to minutes and decentralizes network security. Initial operator rewards are 54,794 $MANTA every three days, with delegators earning a share post-commission.
What this means:
This is bullish for MANTA as staking could reduce circulating supply and enhance network utility. However, the 7.5% annualized yield (based on current tokenomics) may need to rise to compete with larger L2s like Arbitrum’s ~12% average. (Manta Network)
2. Manta Labs Debut (30 October 2025)
Overview:
Manta Labs launched as an incubator for chain-agnostic apps, already supporting SuperFortune (GameFi) and JunkFun (social app) with 30k+ daily users. The initiative includes $MANTA buybacks, enhanced staking rewards, and airdrops to align ecosystem growth with token value.
What this means:
This pivot to application-focused growth could drive user acquisition and revenue streams. The success hinges on whether incubated apps achieve sustained traction beyond speculative interest. (Manta Network)
3. Wintermute Liquidity Deal (15 August 2025)
Overview:
Manta loaned 7.5M $MANTA (worth ~$847k at current prices) to Wintermute to improve market liquidity. The arrangement is structured as a repayable loan, not a grant, mitigating token dilution risks.
What this means:
While this may stabilize trading conditions, MANTA’s 24h volume remains 29% of its market cap, signaling thinner liquidity than rivals like Starknet (45%). The partnership’s effectiveness depends on Wintermute’s ability to absorb volatility. (Manta Network)
Conclusion
Manta Network is doubling down on ecosystem utility through staking mechanics and app development, though adoption metrics and liquidity depth remain challenges. With the Altcoin Season Index at 31 (up 3.3% weekly), can Manta’s focus on real-world use cases help it outperform peers in the coming months?