Epic Web3 Podcast
How to remove financial barriers in crypto? With Kenny Li, Co-founder of Manta Network
Feb 26, 2024
Join Kenny Li, Co-founder of Manta Network, as he discusses Farcaster challenges, ZK uses, choosing network metrics, onboarding a billion users, and creating effective airdrops in the Web3 space. Dive into topics like native yield bearing, ETH as a settlement layer, token distribution, user loyalty, and community building in crypto.
41:31
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Quick takeaways
- Manta Network focuses on shifting TVL to application layer for better utilization, with successful native yield-bearing assets like Blast and Mode.
- Efficient cross-network integration is crucial for Web3 scalability to accommodate one billion users sustainably and incentivize loyal user engagement.
Deep dives
TVL Growth and Utilization Strategy
Manta discusses its TVL growth and utilization strategy, highlighting the success of the new paradigm campaign that absorbed around $800 million in TVL over a limited period. They aim to transition TVL from the infrastructure to the application layer for better utilization, focusing on increasing awareness and enhancing user engagement with various DApps on their L2 network.
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