Mantle 2.0 Launches to Merge DeFi and CeFi Ecosystems
- Mantle Network, originally an Ethereum layer-2 scaling solution, is now transitioning into Mantle 2.0.
- The project aims to become a “liquidity chain” for tokenized real-world assets, merging DeFi with centralized finance (CeFi).
- Bybit executives are now key advisers, with a roadmap that includes lower slippage buys and more payment options for MNT token holders.
- Mantle’s EcoFund has $200 million allocated for investments in native applications within its ecosystem.
- The integration of Bybit may enhance capital access for Mantle through investments and grants.
With the launch of Mantle 2.0, the project is positioned to leverage Bybit’s substantial trading volume, which ranges from $3-5 billion in spot trades daily and over $25 billion in derivatives, potentially redefining its governance structure amidst investor concerns.
This shift marks a significant evolution as Mantle transitions into a utility asset within Bybit’s ecosystem, aiming to capitalize on combined liquidity advantages.(Source)
