Manta Network Unveils ETH Pool on Stargate for Seamless Cross-Chain Transactions
By: bitcoin ethereum news|2025/05/16 00:45:04
Share
Timothy Morano May 14, 2025 20:04 Manta Network launches its ETH pool on Stargate, enhancing cross-chain interoperability and expanding DeFi opportunities through seamless ETH transfers. Manta Network has officially launched its Ethereum (ETH) pool on the Stargate platform, a move set to enhance cross-chain interoperability and expand decentralized finance (DeFi) opportunities. This integration allows users to seamlessly bridge ETH between Manta Pacific and Ethereum, according to Manta Network. Enhancing Cross-Chain Interoperability The strategic collaboration with Stargate, a unified liquidity network spanning over 40 chains, aims to simplify asset transfers and enhance liquidity flow between ecosystems. This development is pivotal for users managing digital assets across multiple blockchain platforms, providing them with greater flexibility and ease of use. Expanding DeFi Opportunities Beyond the ETH pool, Stargate supports the bridging of other Liquid Staking Tokens (LSTs), known as mTokens, from Manta Pacific to Ethereum. This feature unlocks further DeFi opportunities, allowing users to stake their USDT or USDC on Manta’s CeDeFi platform and earn mTokens. This initiative aligns with Manta Network’s commitment to delivering a smooth and practical DeFi user experience. Technical Advancements and User Experience The launch of the ETH pool signifies a significant technical update for Manta Network, offering a straightforward solution for digital asset management across chains. By providing additional pathways for asset transfers, the initiative aims to enhance liquidity flow and offer users a more efficient and user-friendly process. About Manta Network Manta Network is recognized for its modular blockchain designed for zero-knowledge (ZK) applications. Manta Pacific serves as the modular Layer 2 ecosystem for EVM-native ZK applications and dApps, focusing on providing low-cost and high-quality user experiences. Utilizing Manta’s Universal Circuits for ZK-as-a-Service and Celestia’s data availability, Manta Pacific is positioned as an ideal environment for ZK-enabled applications. Founded by a team of experts from institutions such as Harvard, MIT, and Algorand, Manta Network has secured investments from leading web3 funds, including Binance Labs and Polychain Capital. The network continues to grow through participation in prominent web3 accelerators like Alliance DAO and the Berkeley Blockchain Xcelerator, aiming to introduce the next generation of web3 users and enhance the scope of ZK-focused applications. Image source: Shutterstock Source: https://blockchain.news/news/manta-network-eth-pool-stargate-cross-chain
Popular coins
Latest Crypto News
12:45
Sunrise CEO: Successfully Launched MON, with Trading Volume in the First 24 Hours Surpassing Hyperliquid and Various CEXs
BlockBeats News, December 11th, at the Solana Breakpoint Conference, Sunrise CEO Saeed, from the Solana ecosystem liquidity gateway, stated that the first asset listed on Sunrise on Solana was the MON token. We took a non-native token that was not originally issued on Solana and directly introduced ...
12:45
Do Kwon is set to receive a court verdict today and could face up to 12 years in prison
BlockBeats News, December 11th, Terraform Labs founder Do Kwon is scheduled to receive a judgment from U.S. District Judge Paul Engelmayer in a Manhattan court later today (December 11th). It is reported that the prosecution has requested the court to sentence Kwon to 12 years in prison, citing fact...
12:45
「Fed's Megaphone」: Next year's rate cut will mainly rely on three paths, while Trump will continue to challenge the Fed's independence
BlockBeats News, December 11th, in his article "Fed Whisperer," Nick Timiraos stated that Powell forcefully pushed through a rate-cutting plan, which can be said to be the most widely opposed of all his decisions during his nearly eight-year term. At the same time, the weakening of this supportive s...
12:45
a16z Annual Report Reveals 17 Key Trends and Innovations in the Crypto Space for Next Year
BlockBeats News, December 11th, a16z released its annual report, covering various aspects of the blockchain and crypto industry including stablecoins, tokenization, payments & finance, privacy, security, AI, and oracles. a16z pointed out that the stablecoin transaction volume had reached $46 trillio...
12:16
Coinbase: Regular Non-Paying Users Will No Longer Receive USDC Deposit Yield
BlockBeats News, December 11, Coinbase sent an email notification to users, stating that starting from December 15, only users with a paid subscription to Coinbase One will continue to receive approximately 3.5% annualized USDC rewards, while regular non-paying users will no longer receive USDC depo...
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com