What is Mantle Network & MNT?

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Mantle Network is an innovative Ethereum Layer 2 (L2) scaling solution designed to overcome the blockchain's long-standing challenges of high gas fees and slow transaction speeds. Built on cutting-edge technology and backed by a strong ecosystem, Mantle delivers fast, secure, and cost-efficient transactions while maintaining full compatibility with the Ethereum Virtual Machine (EVM). At the heart of this ecosystem lies $MNT, its native utility and governance token, which powers operations, enables decentralized decision-making, and supports network security through staking.

With growing demand for scalable blockchain infrastructure, Mantle positions itself as a competitive player in the L2 landscape—offering developers a robust, EVM-compatible environment to deploy decentralized applications (DApps) without rewriting code or sacrificing security.

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What Is Mantle Network?

Mantle Network is a next-generation Ethereum Layer 2 scaling platform that officially launched its mainnet on July 17, 2023. As an Optimistic Rollup-based solution, it enhances Ethereum’s performance by processing transactions off-chain and batching them for final settlement on the Ethereum mainnet (Layer 1). This architecture significantly reduces congestion and lowers gas fees—by up to 80% compared to base-layer Ethereum—while preserving the security and decentralization benefits of the underlying blockchain.

One of Mantle’s standout features is its high throughput, capable of handling over 500 transactions per second (TPS)—more than 20 times Ethereum’s current capacity. This makes it an ideal choice for applications requiring fast finality and low-latency interactions, such as decentralized finance (DeFi), gaming, and NFT marketplaces.

Moreover, Mantle maintains full EVM compatibility, allowing developers to seamlessly migrate existing smart contracts and DApps from Ethereum without modifications. This lowers the barrier to entry and accelerates adoption across the broader Web3 ecosystem.

Core keywords: Mantle Network, Ethereum Layer 2, Optimistic Rollup, MNT, EVM-compatible, scalability, gas fees, blockchain

How Does Mantle Network Work?

Mantle Network achieves high performance and cost efficiency through a combination of advanced technologies and modular design principles. Its architecture consists of three foundational components that work together to ensure scalability, security, and decentralization.

Optimistic Rollup with MPC Nodes

At its core, Mantle leverages Optimistic Rollup technology to bundle thousands of off-chain transactions into single batches before submitting them to Ethereum for verification. This drastically reduces computational load on Layer 1 and slashes transaction costs.

To address one of Optimistic Rollups’ key drawbacks—the standard 7-day challenge period for fraud proofs—Mantle introduces Multi-Party Computation (MPC) nodes. These independent validator nodes verify transaction data off-chain and sign off on valid state transitions. The more MPC nodes that confirm a result, the higher the confidence in its integrity.

This mechanism enables faster withdrawals and trust-minimized cross-layer asset transfers, all secured by smart contracts on both L1 and L2—eliminating reliance on third parties.

Modular Blockchain Architecture

Unlike monolithic blockchains where each node performs execution, consensus, and data availability, Mantle adopts a modular approach:

By delegating consensus and finality to Ethereum, Mantle inherits its robust security model while focusing on optimizing performance at the execution layer. This separation improves scalability and allows for greater flexibility in upgrading individual components.

Data Availability via EigenDA

Data availability (DA) is crucial for ensuring that transaction data remains accessible for verification during fraud-proof windows. Mantle utilizes EigenLayer’s EigenDA, a restaked security protocol, to store transaction records securely.

Mantle’s DA nodes publish compressed data blobs to Ethereum alongside validity proofs, enabling validators on both layers to retrieve information when needed. This integration reduces storage costs, enhances security through economic incentives, and supports rapid network validation.

Together, these innovations position Mantle as a technically advanced, developer-friendly L2 solution built for long-term sustainability.

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What Is MNT?

$MNT is the native cryptocurrency of Mantle Network, launched on June 20, 2023, as an ERC-20 token on Ethereum. It serves multiple critical functions within the ecosystem: transaction fee payment, governance participation, staking for network security, and value transfer.

Utility: Paying for Transactions

Every interaction on Mantle Network—whether sending tokens, interacting with smart contracts, or minting NFTs—requires gas fees paid in $MNT. This creates consistent demand for the token as network usage grows.

Governance: Powering Decentralized Decision-Making

$MNT holders can participate in governance through the Mantle DAO, where each token represents one vote. Proposals related to protocol upgrades, treasury allocations, partnerships, and economic policies are submitted and voted on by the community.

This governance model evolved from **$BIT**, the original token of BitDAO. Following Mantle’s launch, $BIT holders could migrate their tokens to $MNT at a 1:1 ratio. Centralized exchange users typically received automatic conversions, while on-chain holders followed official migration guides.

Staking and Value Transfer

Validators and nodes can stake $MNT as collateral to support network operations and earn rewards. This staking mechanism helps secure the system and aligns incentives across participants.

Additionally, $MNT is tradable across major crypto exchanges, making it accessible for investment, speculation, and cross-border value transfer.

MNT Tokenomics Overview

The total supply and distribution of $MNT are governed transparently by the Mantle DAO. Key aspects include:

A pivotal moment in $MNT’s economic design came in June 2023 when the community voted **not to convert $3 billion worth of $BIT treasury holdings into $MNT**, effectively reducing the fully diluted supply. This decision strengthened scarcity and long-term value accrual for token holders.

Frequently Asked Questions (FAQ)

Q: Is Mantle Network secure?
A: Yes. Mantle inherits Ethereum’s security through Optimistic Rollup and uses EigenDA with restaked ETH for data availability. Its MPC nodes further enhance trustless verification.

Q: Can I use my existing Ethereum wallets with Mantle?
A: Absolutely. Since Mantle is EVM-compatible, wallets like MetaMask work seamlessly after adding the network manually or via Chainlist.

Q: How do I get $MNT tokens?
A: You can acquire $MNT through supported exchanges, participate in ecosystem incentives, or bridge assets to Mantle’s network using official tools.

Q: Does Mantle support smart contracts?
A: Yes. Developers can deploy Solidity-based smart contracts directly on Mantle without code changes due to EVM compatibility.

Q: What makes Mantle different from other L2s like Arbitrum or Optimism?
A: Mantle differentiates itself through its modular stack, integration with EigenDA, MPC-accelerated withdrawals, and strong backing from BitDAO’s ecosystem and treasury.

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Final Thoughts

Mantle Network represents a compelling evolution in Ethereum scaling solutions. By combining Optimistic Rollup with modular architecture and innovative data availability mechanisms, it delivers high throughput, low fees, and seamless developer onboarding—all while maintaining Ethereum-grade security.

Backed by BitDAO’s extensive resources and community-driven governance powered by $MNT, Mantle is well-positioned to capture developer mindshare in the competitive L2 race. While adoption will depend on ecosystem growth and user engagement, its technical foundation suggests strong potential for long-term impact in the decentralized web.