Manta Network Expands CeDeFi and Fast Finality to Accelerate Global Adoption

Manta Network, a zero-knowledge (ZK) multi-module ecosystem that gained significant attention in the global cryptocurrency market through Binance Launchpool, announced on the 2nd (local time) that it will accelerate global adoption through the expansion of CeDeFi and the adoption of Fast Finality.

Manta Network has built the 'Manta CeDeFi' program by integrating the regulatory custody infrastructure of Sepu (formerly Binance Custody) and MirrorX to provide secure traceability. This program maximizes investor returns by offering original CeFi yields, DeFi yields from the Manta Pacific ecosystem, and point rewards (Manta token rewards) to investors.

Users holding tokens such as Tether (USDT), USD Coin (USDC), Wrapped Bitcoin (WBTC), and Ethereum (ETH) in Manta Network can earn strategic arbitrage profits based on CeFi, DeFi yields from Manta Pacific, and airdrop points that can be used for Fuel and Cytonic token generation events (TGE) through Manta wrapped token deposits. A total of 2.2 million MANTA tokens were distributed over six months until December last year, and the USDT staking rate reached up to 10%.

Manta Pacific is enhancing user experience and security by securing architectural flexibility through the integration of Celestia's modular DA technology. When users withdraw assets, the network strengthens security by conducting a challenge period through an optimistic rollup structure.

The challenge period involves holding asset withdrawals for a certain period for validity verification, and Manta Pacific has significantly reduced the existing time limit by introducing Fast Finality.

Typically, optimistic rollups take up to a week, but Manta Pacific users could withdraw within an average of three days. With the introduction of Fast Finality, Manta Pacific users can now withdraw immediately, providing a smoother and more efficient trading experience.

Kenny Li, co-founder of Manta Network, stated, "We will flexibly adopt and deploy new technologies through a modular approach," adding, "We aim to accelerate the popularization of decentralized technology by building a blockchain ecosystem with network security, resilience, and processing speed based on Fast Finality."

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