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 🙌
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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
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