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Mantle MNT |
BUY
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$0.6667598 |
-2.65% (24h) |
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Marketcap |
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$2,185,601,232 |
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Volume 24h |
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$30,330,388 |
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Description
Mantle (MNT) is a high-performance "Layer 2" scaling solution for Ethereum that uses a modular architecture to provide lower fees and higher security. It is the first L2 network built by a major DAO (BitDAO), and it leverages its massive treasury to bootstrap a vibrant ecosystem of DeFi and gaming applications. The network utilizes "EigenLayer" for data availability, which significantly reduces the cost of storing transaction data compared to traditional rollups. The MNT token is the primary utility and governance asset, used for network fees, staking to secure the network, and participating in the DAO's strategic decisions.