About Manta

Manta Pacific currently leverages Celestia for modular DA, which enables to lower gas fees to become the most inexpensive ETH L2. Since the integration to become the first ETH L2 on Celestia, Manta Pacific has been able to save users over $750,000 on gas fees. Today, we are excited to official announce the tokenomics regarding $MANTA, the native utility and governance token of the Manta Network ecosystem.
Manta Network offers an unrivaled environment to deliver on the scalability demands of dApps. The ecosystem takes a modular approach to meet the changing market needs for dApps now and in the future.

Manta Pacific, the modular L2 ecosystem on Ethereum for next-generation dApps, provides a scalable and inexpensive gas-fee environment for applications to grow beyond the limits of traditional EVM environments.

Manta Network is the modular ecosystem built for scalable, next-generation dApps. It currently offers two networks:

Manta Network is building a secure and interoperable future with Zero-Knowledge. Our mission is to deliver the best developer experience that enables ZK application

The total initial supply of $MANTA at launch is 1 billion tokens. Both the Atlantic and Pacific networks will have a representation of these 1 billion tokens. As liquidity flows between the two networks, the tokens will be locked and unlocked on liquidity pool of the Celer bridge (audits and open source code available here). The total amount of unlocked tokens from both Manta Atlantic and Manta Pacific determines the current circulating supply.

$MANTA will initially have a total supply of 1,000,000,000 $MANTA distributed among the categories outlined in the chart and table below.

A portion of the $MANTA supply is allocated to airdrops to reward the real, active, and pioneering users who participate in and support the Manta ecosystem.