Minterest & Mantle Network: Transforming DeFi Lending & Borrowing
In a milestone collaboration that heralds a new era of low fees, rapid transactions, and unprecedented yields for DeFi lending and borrowing, Minterest announces its planned strategic deployment on the Mantle Network.
A Leap Forward for DeFi Accessibility
Minterest’s deployment on the Mantle Network, an Ethereum Layer-2 modular blockchain, marks a crucial step in its roadmap to broaden cross-chain interactions, minimise liquidity fragmentation, and usher in a new wave of accessibility for DeFi users. This integration with Mantle Network’s innovative technology embodies Minterest’s commitment to consistently upgrade the user experience.
Innovative Technology at the Core
At the heart of this partnership is the Mantle Network. It utilises Optimistic rollups for efficient transaction processing, significantly boosting speeds and lowering costs while upholding Ethereum’s renowned security features. Mantle Network’s distinct ‘modular’ architecture, in contrast to the conventional ‘monolithic’ structure, enhances efficiency and scalability by separating transaction execution from data storage.
The integration also features the ultramodern Eigen Data Availability (EigenDA) technology, pioneered by EigenLayer. This innovative solution promises to escalate Ethereum’s data handling capabilities to new heights, potentially achieving speeds of up to 1TB per second. Mantle, through its Mantle DA solution, powered by EigenDA technology, is at the forefront of this data availability revolution.
Enriched User Experience With $MINTY x $MNT Integration
The synergy between Minterest and Mantle Network is poised to bring a plethora of benefits to users:
- Optimistic Rollups: Accelerates transactions and slashes fees, enhancing the efficiency of DeFi lending and borrowing for Minterest users.
- EVM Compatible L2: Ensures seamless access to the Minterest platform using familiar tools, while inheriting the robust security of Ethereum’s base layer.
- Liquidity Boost: More liquidity on Minterest’s platform post-integration means improved lending and borrowing rates.
- Enhanced Network Capacity: Mantle’s capability to handle high transaction volumes supports Minterest’s scalability.
- Interoperability: The integration aligns with Minterest’s strategy to bridge DeFi liquidity gaps across multiple blockchains.
Join the Movement
We’re excited to invite the community to be a part of this transformative journey. Get involved with the Mantle x Minterest Zealy Quests for a unique opportunity to earn $MINTY rewards.
Keep an eye out for upcoming announcements detailing how the $MINTY community can actively participate in and benefit from Minterest’s planned deployment onto Mantle Network. For the latest news and updates, make sure to visit the blog, and don’t forget to join Minterest and Mantle Network on social media and in our community channels to connect and discuss!
Stay connected, stay informed, and be a part of the change we’re creating together.
05, December 2023