Manta Network Unveils ETH Pool on Stargate for Seamless Cross-Chain Transactions

By: bitcoin ethereum news|2025/05/16 08:45:04
0
Share
copy
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

You may also like

Tiger Research: What AI services do cryptocurrency companies offer?

Cryptocurrency giants like Binance and Coinbase have fully launched an AI defense battle: Driven by FOMO sentiment, leading platforms are accelerating the deep integration of AI agents into core businesses such as trading, security, and payments.

The war not only drives up oil prices but also causes Circle's stock price to soar

High interest rate expectations combined with the explosive growth of stablecoin infrastructure have led to Circle's stock price doubling in five weeks against the trend: Understanding the dual game of "macro interest rate trading" and "global payment foundation" behind the surge in one article.

When agents become consumers, who will rewrite the underlying logic of internet commerce?

Thirty years ago, due to the high cost of micropayments, the internet had no choice but to adopt an advertising model. Today, the technical threshold for micropayments is nearly zero, but trust has become the most expensive luxury. Whoever can bridge this gap will dominate the next generation of int...

AI Agents in Action Summit: March 31, Hong Kong Cyberport, focusing on the deep waters of AI implementation

Tomorrow, Hong Kong Cyberport will grandly open. The "AI Agents in Action" summit gathers top experts, directly addressing the real evolution of AI Agents from conceptual celebration to productization and large-scale commercial implementation.

29 Days In, What Are America’s Options on Iran?

The key is not in ground invasion but in the combination of striking capability and governance.

Flash Crash Down 97%+ with Ongoing Unlocking, WLD Completes $65 Million Off-chain Funding: Who Is Still Buying?

In the current deep bear market environment, being able to complete multi-million dollar token trades is quite rare.

Popular coins

Latest Crypto News

Read more