Pacific

Manta Network

Celestia

<div class="cryptonews">
 <p class="is-style-lead">Manta network’s native crypto MANTA will <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a> across major exchanges on Jan. 18, including Binance, Bybit, and Kucoin.</p>
 <p>The cryptocurrency was also announced as the 44th <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> on Binance’s <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a>pad, allowing users to farm the <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> provided they stake BNB and stablecoin FDUSD.&nbsp;</p>
 <p>Per a Jan. 15 blog post, the pool will be open for two days from Jan. 16, and participants will be able to farm a stash of 30 million MANTA <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a>s, around 3% of the maximum supply and about 25% of its initial circulating supply.&nbsp;</p>
 <p>Manta may garner interest from crypto traders as did Xai (XAI), a layer-3 gaming project also debuted on Binance’s <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a>pad. XAI achieved an all-time high after listing on the platform, although a significant price decline followed in the days after.</p>
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 <p>The Manta network touts itself as a novel multi-modular blockchain that supports zero-knowledge applications and is Ethereum Virtual machine-compatible. Web3 protocol users will have access to two network types, including Manta Pacific, a layer-2 chain built on Polygon’s development kit, and Celestia’s modular data availability standard.&nbsp;</p>
 <p>P0x Labs, which developed the network, raised $25 million in a Polychain Capital-led funding round in July 2023. Additionally, Manta held over $400 million in total value locked, according to DefiLlama. Its mainnet <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a>ed in September last year.</p>
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   <img decoding="async" width="1024" height="440" src="https://cdn.thebittimes.com/images/2024/01/16/504bd3f89c1018cb0ae88d2db4e62bc8.webp" alt="Binance's 44th launchpad token Manta slated for multi-exchange rollout - 1"> 
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   Manta’s TVL | Source: DefiLlama
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Manta Pacific utilizes Celestia for cost-efficient Layer 2 networking
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/binance-s-44th-launchpad-token-manta-slated-for-multi-exchange-rollout-tbt76659.html">https://thebittimes.com/binance-s-44th-launchpad-token-manta-slated-for-multi-exchange-rollout-tbt76659.html</a></p>

Binance’s 44th launchpad token Manta slated for multi-exchange rollout

TheBitTimes

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