Mantle (MNT): what you need to knowMantle (MNT): what you need to know

Mantle is a Layer 2 network that runs on top of Ethereum and focuses on scalable DeFi and consumer applications. The network uses a modular design with separate layers for execution, consensus and data availability, so transactions can be processed more cheaply and faster than directly on Ethereum. The native token MNT is used for transaction fees, staking and governance through Mantle Governance.

Source: https://www.mantle.xyz/

Mantle is an Optimistic Rollup: transactions are executed on the Mantle layer and then bundled to Ethereum as the L1 settlement layer. For data availability, Mantle uses EigenDA instead of posting calldata directly on Ethereum, which reduces the cost per transaction. Validators and sequencers process transactions and publish state roots back to Ethereum.

• Ticker: MNT

• Category: Layer 2 / Modular

• Blockchain: Mantle Network (Ethereum L2)

• Protocol: Optimistic Rollup with EigenDA

• Year of launch: 2023

The Mantle stack is fully EVM-compatible, so developers can directly use existing Solidity contracts and Ethereum tooling. By combining an Optimistic Rollup with EigenDA, Mantle achieves lower costs and higher throughput than a standard rollup while keeping security anchored in Ethereum.

The Mantle ecosystem includes DeFi protocols, liquid staking solutions such as mETH, perpetual DEXs and payment applications. The project also manages a large treasury used to support the ecosystem and new product lines. Mantle works with partners for on/off-ramps and consumer products.

Mantle emerged from BitDAO, one of the largest DAOs backed by Bybit, and launched in 2023 after a merger that converted the BIT token into MNT. The network is governed by Mantle Governance, in which MNT holders have voting rights on proposals and treasury decisions.

BTC Direct has been the European entry point to crypto since 2013. We make buying Mantle straightforward, even if it is your first time:

• Trusted in Europe. BTC Direct is registered with the Dutch Central Bank (DNB) and operates under MiCA, the EU regulation for crypto.

• Familiar payment methods. Pay with iDEAL, Bancontact, Sofort, SEPA bank transfer, credit card, PayPal or Apple Pay. Your MNT is on its way within minutes.

• Your coins, your control. We do not store your MNT. After your purchase, your coins are sent straight to your own wallet address.

• Based in the Netherlands, serving all of Europe. Our experts are based in the Netherlands and answer in your language across the SEPA zone. Need help? We are here.

• Start with a small amount. From just €30. The minimum varies per coin.

Ready to buy your first MNT?

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For more technical information about Mantle, visit the official website.

Cryptocurrencies, including Mantle (MNT), are volatile and carry risks. The value of MNT can fluctuate greatly and investments can lead to financial losses. Always do your own research and only invest money that you are willing to lose.

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