Manta Never Stops…"Accelerating Global Adoption with Fast Finality" [Cointerview]
- Manta Network announced that it is leading the expansion of the DeFi ecosystem with accelerated growth post-TGE and Fast Finality.
- Kenny Lee reported that through the Layer 2 solution Manta Pacific, they achieved reduced asset withdrawal times and improved user experience.
- The network emphasized that it is gaining attention in the global blockchain industry through various technologies and partnerships.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Interview with Kenny Lee, Co-Founder of Manta Network
Growing with the 'Manta Never Stops' Motto…Accelerating Post-TGE Growth
Expanding the DeFi Ecosystem with Fast Finality
Kenny Lee, Co-Founder of Manta / Photo: Manta Network
"The motto of Manta Network is 'Manta Never Stops.' Over the past four years, we have continued development with over 60 team members worldwide without stopping, and we plan to move forward to achieve the best results."
Kenny Lee, Co-Founder of Manta Network (pictured), shared his future goals in an interview with Bloomingbit on the 25th.
The zero-knowledge (ZK) multi-module ecosystem Manta Network (MANTA) plans to accelerate ecosystem expansion through its decentralized finance (DeFi) popularization strategy this year as well.
'Manta Never Stops'…Accelerating Growth Post-TGE
Kenny Lee emphasized that Manta Network achieved significant results over the past year.
Manta Network is a multi-module ecosystem for zero-knowledge (ZK) applications, providing the Ethereum Layer 2 (L2) network Manta Pacific. Manta Pacific has set a new standard for modular data solutions within the Ethereum ecosystem by utilizing the Celestia-based modular DA (Data Availability) for the first time, drawing attention from the global blockchain industry.
Kenny Lee stated, "Since the Token Generation Event (TGE) last January, we have achieved notable results such as the introduction of Manta AI, an AI development tool for developers, and the operation of the Manta Pacific zkApp Accelerator to support growing teams within the ecosystem," adding, "As the network scale grows, this expansion will accelerate even further."
Additionally, Manta is expanding its ecosystem in various ways, including joining the Hong Kong government-supported innovation program Cyberport, establishing a $50 million Eco Fund, partnering with BONK to promote meme culture within the Manta Network, introducing the Gain Program for Layer 2 gas fee rebates, and adopting Fast Finality through a partnership with Symbiotic.
Kenny Lee added, "In 2025, we will continue to achieve greater results with our team and community, true to the motto 'Manta Never Stops.'"
Expanding the DeFi Ecosystem with Fast Finality
Kenny Lee stated that the core of Manta Network's expansion in 2025 lies in the adoption of 'Fast Finality.'
Manta Pacific utilizes Optimistic Rollup, which requires a challenge period for transaction verification to proceed with Layer 2 transactions. Typically, Optimistic Rollup can take up to a week, but Manta Pacific previously required about a three-day verification period for fund withdrawals.
However, with the adoption of Fast Finality through collaboration with Symbiotic, Manta Pacific's verification period has been reduced to minutes.
Kenny Lee explained, "The adoption of Fast Finality has significantly improved user experience and security, along with reducing asset withdrawal times for Manta Pacific."
Furthermore, Manta Pacific plans to continue improving user experience and stability by securing architectural flexibility based on Celestia's modular DA.
Kenny Lee emphasized, "Manta Network will continue to expand new technologies that enhance security and scalability in ways that benefit user experience, without being tied to a single solution," adding, "We will build a Layer 2 that can continuously evolve in the Web3 space."
Youngmin Lee, Bloomingbit Reporter 20min@bloomingbit.io

YM Lee

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