Manta Network: Understanding Tokenomics and the Role of the MANTA Token

Bittime - Manta Network is a blockchain platform focused on privacy and scalability using zero-knowledge proof technology. The most important element of this ecosystem is the MANTA token, which serves as the core of various activities within the network.

With a total supply of 1 billion tokens, MANTA is designed to maintain ecosystem balance through its role as a transaction fee payment tool, staking mechanism, and governance tool.

MANTA token also serves as an incentive for contributors who support the security and growth of the Manta Network. MANTA's well-structured distribution system reflects the network's commitment to building a strong and sustainable ecosystem.

Functions and Benefits of MANTA Tokens in the Manta Network Ecosystem

The MANTA token plays a crucial role in maintaining the smooth operation of the network. MANTA is used to pay gas fees on both the Manta Pacific (Ethereum) layer-2 and Manta Atlantic (Polkadot) layer-1 networks.

MANTA holders can also stake to support network security and receive rewards in the form of additional tokens. Furthermore, MANTA tokens grant voting rights in the governance mechanism, allowing holders to actively participate in determining the direction of network development.

MANTA's role as liquidity and collateral in various ecosystem services further strengthens its role. With these functions, MANTA is key to community engagement and maintaining the overall stability of the Manta Network.

Current MANTA Token Price Condition and Market Trends

The current price of the MANTA token ranges from $0.23 (Rp3,782) to $0.24 (Rp3,947) per coin, with a market capitalization of around Rp1.64 trillion. 

Despite reaching an all-time high of around $4.08 (Rp67,130) in 2024, MANTA experienced a significant price correction.

However, in recent months, MANTA's price trend has begun to show recovery with stable trading volume.

This reflects growing buying interest and potential price increases as the Manta Network ecosystem grows. However, MANTA's price volatility is something investors and users should be aware of.

MANTA’s Tokenomics 

MANTA's tokenomics describes how token distribution is managed to support the development and sustainability of the Manta Network ecosystem. 

Here's a breakdown of MANTA's token allocation, based on official data:

• Ecosystem / Community (21,19%): This largest allocation is used to cultivate the community, incentivize users, and expand the ecosystem in a sustainable manner.
  
   
• Foundation Treasury (13,50%): Funds to support development, research, and long-term strategic initiatives.
  
   
• Private Investors (12,94%): Tokens distributed to early investors who contributed to the project's funding.
  
   
• Team (10,00%): Tokens for the development and management team as a reward for their contributions.
  
   
• Advisor (8,10%): Intended for advisors who assist projects with strategic and technical advice.
  
   
• Public Investors (8,00%): Tokens that are publicly accessible through sales or crowdfunding.
  
   
• New Paradigm (Airdrop 2) (6,50%): Tokens distributed via airdrop to promote the network and attract new users.
  
   
• Strategic Investors (6,17%): Investors who bring strategic value to the project.
  
   
• Airdrop (5,60%): Free distribution of tokens to the community as part of incentives and promotions.
  
   
• Institution Investors (5,00%): Tokens for institutions and official partners in the ecosystem.
  
   
• Binance Launchpool (3,00%): Tokens used in the yield farming program on Binance to facilitate access and liquidity.
  
   

This distribution pattern balances funding needs, user incentives, and technology development, while ensuring the participation of all token holders in the growth of the Manta Network.

Manta Network's Technology and Advantages in Supporting MANTA Tokens

Manta Network carries a modular model with two main layers: Manta Pacific as layer-2 on Ethereum and Manta Atlantic as layer-1 on Polkadot.

These two layers use zero-knowledge proofs (zk-SNARKs) technology to ensure MANTA token transactions are private without compromising network security transparency.

This technology allows users' identities and transaction details to remain confidential, while maintaining the validity of the transaction process.

This modular approach supports the development of more secure and efficient decentralized applications, particularly for DeFi and NFT needs that require high privacy.

With cross-chain interoperability, Manta Network expands the reach of MANTA token usage in the broader blockchain ecosystem.

Conclusion

The Manta Network, with its MANTA token, offers a powerful solution for privacy and efficiency in the blockchain world. The MANTA token acts as a transaction, staking, and governance tool that powers the entire ecosystem.

While the MANTA token price has fluctuated in the past, recent data suggests a potential recovery and future growth. This platform is ideal for those who prioritize privacy and security within the Web3 ecosystem and want to actively contribute to the network's development.

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FAQ

What is the MANTA token?

The MANTA token is the native token of the Manta Network used to pay transaction fees, staking, and network governance.

What is the total supply of MANTA tokens?

The total supply of MANTA tokens is 1 billion with annual inflation of around 2%.

What are the benefits of staking MANTA tokens?

Staking MANTA tokens helps maintain network security and rewards those who participate.

What technology does Manta Network use?

Manta Network uses zero-knowledge proofs technology to maintain the privacy and security of MANTA token transactions.

What is the current price of MANTA token?

The current price of the MANTA token is in the range of $0.23 (Rp3,782) to $0.24 (Rp3,947) per coin with a fairly active trading volume.