Manta Network is a modular ecosystem for Web3. Users can create and deploy Solidity-based decentralized applications on Manta. This process of creating and deploying decentralized applications can be executed with higher speed than a Layer 1 network and at much lower transaction costs than a Layer 2. In this article, we will answer various questions about Manta, the 44th project on the Binance Launchpool, including what Manta is and where to buy MANTA coin.
What is Manta?
Manta Network’s mission is to drive Web3 adoption by providing an infrastructure environment that brings real and scalable use cases to the market. In line with this, Manta Network serves as a modular ecosystem for Web3. Users can create and deploy Solidity-based decentralized applications on Manta, benefiting from the technology stack that ensures higher transaction speeds than a Layer 1 network and lower transaction costs than a Layer 2.
Manta’s modular infrastructure stack leverages state-of-the-art emerging technologies, including Celestia for DA, Polygon CDK for zkEVM, yield-bearing native assets, and more future innovations. This modularity provides agile and flexible improvement at the infrastructure level, continuously introducing new features and services that deliver better user experiences. Manta offers higher transaction speeds than any Layer 1 network and lower transaction costs than any Layer 2.
Manta Pacific offers a generalized ZK circuits library, equipping any Solidity developer with the tools needed to build ZK-enabled applications by adding just a few lines of code to their existing contracts. It also utilizes Celestia to enable modular DA, making it the cheapest Layer 2 network for transactions. Modular DA significantly reduces gas costs for users by separating call data.
Manta Pacific employs Polygon CDK to provide Type 1 zkEVM, delivering a native EVM experience on a Layer 2 network. Manta Pacific is a public Layer 2 network offering equal opportunities for developers to build and deploy scalable applications. Additionally, Manta Pacific provides native yield support for cryptocurrencies based on ETH and USDC.
MANTA coin is the native asset of Manta Network. It serves multiple purposes, including governance, staking, collator delegation, payment of network fees, native liquidity, and collateralization.
Where to Buy MANTA Coin?
MANTA coin can be safely traded on the leading cryptocurrency exchange Binance. It will be listed on Binance on January 18, 2024, and available for trading in the following pairs: MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD, MANTA/TUSD, and MANTA/TRY.
To buy MANTA coin, you must first register on Binance (if not already registered). After completing the registration process, you need to transfer either cryptocurrency or fiat money like USD to your Binance wallet. Once the transfer is complete, you can purchase MANTA coin using any of the six trading pairs listed above.
To buy using the MANTA/USDT trading pair, go to the interface of this trading pair. On the limit tab, enter the desired purchase amount in the specified field. After entering the amount, complete the purchase by placing a “Buy MANTA” order.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
