Yield-Bearing Layer 2 Solutions and Earning Interest on Deposited Assets

In today’s episode, we’re joined by Kenny Li, the Co-Founder of Manta Network, the modular ecosystem for ZK applications. Manta offers two networks, Manta Pacific, the first EVM-equivalent ZK-application platform that is scalable and secure through Celestia DA and Polygon zkEVM - and Manta Atlantic which is a ZK L1 chain on Polkadot. In this episode, we focus on Manta Pacific and dive into its modular design. Kenny walks us through their use of the OP stack, Celestia, and Polygon’s zkEVM. We speak about the rationale behind this modular design and envision Manta’s role in a crypto-native future. We speak about the recently launched yield-bearing L2, New Paradigm, and learn what yield-bearing L2s are all about. We also touch on the role of the MANTA token within the ecosystem, and discuss Manta’s latest funding round. Tune in as we dive deep into the world of modular blockchains. Manta Network: https://manta.network/ Kenny on X: https://twitter.com/superanonymousk Manta on X: https://twitter.com/mantanetwork New Paradigm: https://newparadigm.manta.network/about Manta Pacific on Token Terminal: https://tokenterminal.com/terminal/projects/manta Make sure to leave a comment if you have any questions 🙌 📊 Token Terminal platform: ► https://www.tokenterminal.com/ ----------------------------------------- 💬 Join our Discord: ► https://discord.com/invite/tokenterminal ----------------------------------------- 📱 Follow us on Twitter: ► https://twitter.com/tokenterminal ----------------------------------------- 📩 Subscribe to our Newsletter: ► https://tokenterminal.com/resources ----------------------------------------- Timestamps: 00:00 Introduction 01:57 Overview of Manta Network 02:23 The core problems that Manta Pacific aims to solve 05:03 Overview of Manta Pacific’s modular tech stack 08:00 The benefits of using Celestia for modular DA 10:52 How does Manta Pacific address the specific needs of ZK applications? 14:26 Examples of ZK use cases that benefit end users 17:46 The modular vs. monolithic debate – why is modularity better? 24:13 Introduction to New Paradigm: a yield-bearing L2 27:54 “It’s time to ditch other L2s” 29:38 Crypto as the enabler of a borderless global economy 34:16 Manta Pacific’s economic model 37:11 Value accrual 38:50 The role of the MANTA token 40:00 Reflecting on Manta’s recent funding round 44:29 The team behind Manta Network 45:29 The metrics and KPIs Manta uses to measure success 47:10 Current challenges 49:23 Performance review of Manta Pacific’s first three months on mainnet 52:09 Looking forward: upcoming features and milestones … Crypto redefines the way businesses are built and operated. Token Terminal gives you the tools to evaluate and track the most promising projects. The following content is meant purely for educational and informational purposes, and should not be relied upon as financial, investment, legal, tax, or any other professional advice. The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating, or are invested, in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content. #MantaNetwork #MantaPacific #Blockchain #Fundamentals #DeFi #Crypto #tokenterminal