Manta Network: A Comprehensive Guide to the ZK Ecosystem

Key Takeaways

• Manta Network is a scalable ecosystem for zero-knowledge (ZK) applications, comprising Manta Pacific (EVM-native L2) and Manta Atlantic (Polkadot-based ZK L1).
• Achieved $15B+ TVL** and **$750M+ bridged assets post-"New Paradigm" bridge launch in December 2023.
• Unique native yield for ETH and USDC on Manta Pacific, powered by integrations like StakeStone and Mountain Protocol.
• Tools like Universal Circuits and zkSBTs simplify ZK app development and identity verification.

Introduction

ZK applications enhance security but face computational challenges due to zero-knowledge proofs (ZKPs). Manta Network addresses this with modular execution environments, combining cost efficiency and high throughput. Since September 2023, Manta Pacific has hosted 150+ dApps, including 15 native ZK projects.

Technology Overview

Manta Pacific

• Modular L2 using Celestia for data availability (reducing fees by $1.4M+).
• Plans to transition to zkEVM Validium via Polygon CDK for higher scalability.
• Native Yield: ETH (4% APY) and USDC via New Paradigm bridge.

Manta Atlantic

• ZK-optimized L1 on Polkadot, enabling zkSBTs for composable identity solutions.

ZK Tools

• Universal Circuits: Pre-built ZK circuits for seamless dApp integration.
• zkSBTs: Non-transferable NFTs for secure identity verification (1.1M+ minted).

Tokenomics (MANTA)

• Initial Supply: 1B MANTA allocated to:

  • Ecosystem (21.19%)
  • Foundation (13.5%)
  • Airdrops (12.1%)
• Inflation: 2% annual to block producers.
• Governance: Transitioning to a "Five-Council" model for decentralized decision-making.

Network Activity

• 15B+ TVL, driven by New Paradigm bridge (200K+ users).

• Top dApp Categories:

  • DeFi (39.8% transactions): LayerBank, QuickSwap.
  • Bridges (26%): Orbiter, Owlto.
  • GameFi (24.1%): zkHoldem, Gabby World.

Ecosystem Highlights

• DeFi: LayerBank leads with 25% of TVL.
• GameFi/Social: zkHoldem and POMP among top performers.
• Grants Program: $5M MANTA allocated to boost early-stage projects.

Competitive Edge

• First modular L2 with Celestia integration.
• Native yield assets vs. competitors like Blast.
• Future zkEVM upgrade aims to rival ImmutableX.

Roadmap

1. Phase 1: OP Stack Rollup (completed).
2. Phase 2: Celestia DA (live).
3. Phase 3: Transition to zkEVM Validium (2024 goal).
4. Phase 4: Universal Circuits 2.0 for proof aggregation.

FAQs

Q: What makes Manta Pacific unique among L2s?
A: Native yield for ETH/USDC and Celestia-powered low fees.

Q: How can developers use Manta’s ZK tools?
A: Universal Circuits enable plug-and-play ZKP integration without cryptography expertise.

Q: What’s next for Manta Network?
A: zkEVM transition and expanded tooling for ZK gaming/SocialFi.

👉 Explore Manta Network’s latest integrations

Disclaimer: This content is for informational purposes only and does not constitute financial advice.