The Ultimate Guide to Manta Interoperability & Staking
Manta Network initially started its journey with Manta Atlantic (the fastest ZK L1 chain on Polkadot) and later introduced Manta Pacific (the modular L2 ecosystem that is community-driven) in the Manta ecosystem.
To ensure seamless participation from the Manta ecosystem users, assets should circulate freely within both chains, especially the native governance token, $MANTA. Users can use tokens on both chains to participate in Manta Pacific’s fast-growing ecosystem (DeFi, SocialFi, zkApps & more) by enjoying the inexpensive gas fees & highly scalable environment. Meanwhile, on Manta Atlantic, users can use $MANTA for gas fees to participate in staking and other on-chain activities.
The cBridge cross-chain bridge powered by Celer enables a seamless bridging experience between Manta Pacific and Atlantic. The bridge will go live at TGE on January 18, 2024.
Bridge and Lockup
Manta bridge and stake functions on Atlantic will be live at TGE. For token holders of $MANTA on Manta Pacific, you can bridge to Manta Atlantic to stake and interact with the Atlantic ecosystem.
Bridging $MANTA between Pacific and Atlantic
Bridging with Manta Bridge
- Make sure you have enough tokens to pay gas fees: $MANTA in your Manta Atlantic wallet, and $ETH in your Manta Pacific wallet. If you don’t have an Atlantic wallet yet, you can download a compatible wallet such as the Manta Wallet. Once you have your Atlantic wallet, you can use the address located in it.
- Bridge $MANTA from Manta Pacific to Manta Atlantic by using the Manta Bridge.
- Connect both your Atlantic wallet (e.g., Manta Wallet) and your Pacific wallet (e.g., MetaMask) on Manta Bridge. Then, select the token you are bridging (i.e., $MANTA) and enter the amount you want to bridge.
- Approve the transaction to initiate the transfer process.
Bridging with cBridge via Atlantic<>MoonBeam<>Pacific
- You can use the cBridge between Moonbeam and Pacific in case of Manta Bridge failure.
- Make sure you have enough tokens to pay gas fees: $MANTA in your Manta Atlantic wallet, and $ETH in your Manta Pacific wallet. If you don’t have an Atlantic wallet yet, you can download a compatible wallet such as the Manta Wallet. Once you have your Atlantic wallet, you can use the address located in it.
- Bridge $MANTA between Moonbeam to Manta Pacific by using Celer’s cBridge.
4. Connect both your Atlantic wallet (e.g., Manta Wallet) and your Pacific wallet (e.g., MetaMask) on cBridge. Choose which network you want to bridge from (e.g., Manta Pacific) and which network you want to bridge to (e.g., Manta Atlantic). Then, select the token you are bridging (i.e., $MANTA) and enter the amount you want to bridge.
Notes
- If you need to manually update Manta Wallet, open the Chrome extension, enable developer mode in the top-right corner, and click ‘Update’ in the top-left corner.
- If you participated in Squad Game (the Manta Network Crowdsale), your $MANTA tokens will appear in your Manta Atlantic network wallet.
- When transferring to centralized exchanges, please make sure to double check the network address. Manta Pacific addresses begin with prefix 0x.
- The Polkadot XCM bridge is used from Manta Atlantic to Moonbeam, and the Bridge by Celer is used from Moonbeam to Manta Pacific.
Staking $MANTA for Atlantic Security & Rewards
On Manta Atlantic, users can stake $MANTA tokens. By staking $MANTA, users contribute to the security of the network through its collator program, and in return earn staking rewards. To stake $MANTA, follow these instructions.
- First, if you don’t have a Manta Atlantic-compatible wallet yet, you can add the Manta Wallet Chrome extension or another wallet supporting Manta Atlantic.
- Follow the steps in the Manta Wallet extension to create a new account. Don’t forget to back up your mnemonic phrase in a safe place!
- After completing your wallet setup, make sure to fund it with $MANTA. Then head over to the Collator website on Manta Atlantic to select a collator to stake your assets. Please bear in mind that each collator can only take a total of 100 wallets. After that amount, only the top 100 wallets (ranked by the amount of $MANTA contributed) will earn rewards.
- You can always check your rewards after connecting your wallet to the Manta Collator website and checking at the top of the page.
Adoption of Manta Atlantic
Manta Atlantic network offers a broad range of features to enhance user experience and engagement:
- Bridge: Enables seamless cross-chain transactions between Manta Atlantic and Manta Pacific by using the cBridge powered by Celer. It allows users to transfer $MANTAtokens between the Manta Pacific and Manta Atlantic networks.
- Stake: Exchange $MANTA tokens easily by using the MantaDEX exchange feature. Node maintainers are encouraged to run the Manta network’s collators. This feature provides a convenient way for users to manage their token holdings within the Manta ecosystem.
- Swap: Easily exchange $MANTA tokens using the Mantapay decentralized exchange functionality.
- LST (Liquidity Staking Tokens): The liquidity stake token mechanism powered by Bifrost. It enables users to stake tokens and provide liquidity, contributing to the overall liquidity of the Manta Network.
About Manta Network
Manta Network is the modular blockchain for zero-knowledge (ZK) applications. Manta Pacific is the modular L2 ecosystem for EVM-native ZK applications and dApps that want to deliver the lowest cost and best experience for users. Leveraging Manta’s Universal Circuits to enable ZK-as-a-Service and Celestia’s data availability for modularity to deliver low gas fees, Manta Pacific offers the perfect environment for ZK-enabled applications. Learn more about Manta Pacific here.
Manta Network was created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand. Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital. It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Xcelerator.
