Entangle is excited to announce its partnership with Mantle, a vibrant ecosystem poised to revolutionize the blockchain world with its innovative Layer 2 roll-up solution. Backed by a treasury of over $2.2 billion and a buzzing community, Mantle Network is set to go live and unleash a new era of liquidity solutions, capital efficiency, and omnichain connectivity.
The lack of liquidity has been a key challenge hindering the mass adoption of cryptocurrencies and decentralized applications (dApps). High fees, scalability issues, and the limited utility of yield assets have hindered user experience and growth. However, Mantle aims to address these issues head-on with its modular network architecture for Layer 2 solutions.
The EVM-compatibility of Mantle allows for seamless integration of existing Ethereum contracts and tools with minimal modifications. This ensures that all developers and users familiar with Ethereum can easily transition to the Mantle Network without any hassle. Mantle also recognizes the importance of network participation and offers an efficient, low-fee environment for experimentation and deployment of smart contracts.
With the growth of the DeFi sector, developers can now introduce their DeFi ecosystems on-chain at a significantly larger scale while mitigating the impact of gas fees. This scalability combined with the security provided by sidechains opens up new possibilities for social network protocols, sophisticated options protocols, and other innovations that were previously costly and impractical.
Entangle is thrilled to collaborate with Mantle and contribute to its ecosystem. With the native liquid vaults dApp, utility for Entangle LSDs, and an oracle solution as an option for Mantle applications, Entangle aims to provide state-of-the-art innovation and technology to address practical problems within the growing ecosystem.
The partnership between Entangle and Mantle underscores the importance of privacy, asset protection, and the mass adoption of decentralized trading. As individuals increasingly prioritize the security and privacy of their assets, decentralized exchanges (DEXs) are poised to experience exponential growth. Entangle seeks to facilitate this growth by providing essential liquidity and utility for assets within the Mantle ecosystem.
Moving forward, Mantle remains committed to adopting innovations early, even ahead of the Ethereum Mainnet and other Layer 2 solutions, to enhance the user experience in web3. This commitment aligns perfectly with Entangle’s mission to enable web3 dApps and protocols to scale with omnichain liquidity and deliver a seamless user experience.
About Mantle:
Mantle is a fast-growing, DAO-led web3 ecosystem that strives for the mass adoption of decentralized and token-governed technologies. The ecosystem comprises Mantle Network, Mantle Governance (DAO), and Mantle Treasury, with the unified product and governance token of the ecosystem being Mantle token ($MNT).
About Entangle:
Entangle is a liquidity-focused platform that enables web3 dApps and protocols to scale with omnichain liquidity. By resolving liquidity challenges, Entangle aims to facilitate the mass adoption of decentralized technologies and enhance the user experience for all participants in the crypto ecosystem.
Disclaimer: The above blog post is based on information obtained from the Entangle blog post “Entangle Partners With Mantle” available at here. The content has been adapted and reformatted for this response.
