Manta has teamed up with Cycle Network to strengthen the liquidity management and asset bridging on the Manta Pacific. By integrating with Manta Pacific, users can trade assets using bridgeless liquidity abstraction.
Manta Network is the multi-modular ecosystem for zero-knowledge (ZK) applications. Manta Pacific is the unique L2 ecosystem on Ethereum for EVM-native ZK applications. It offers ZK applications deploying solidity in a scalable and cheap gas-fee environment. It was designed to offer an unparalleled experience for the next generation of Web3 application creation and adoption using zero-knowledge cryptography.
It can support more than 200 active apps on the network and has unmatched stability. The best-in-class environment for decentralized apps focused on scaling to a worldwide user base is provided by Manta Network, together with a suite of tools to swiftly design and deploy applications.
Cycle Network provides aggregate liquidity through a bridgeless system that relies on aggregate sequencers and chain abstraction. Binance Labs is supporting it. Users benefit from this backing since it increases reliability and security, creating a trustworthy environment for trading assets.
More About This Partnership Between Manta & Cycle Network
Following the integration of the Manta mainnet, users will have the ability to bridgeless mint Manta assets from any network, which will result in an increase in liquidity. This not only enables users of Manta connect effortlessly to any blockchain, but it also helps save fees and increase efficiency.
By eliminating the need for expensive and cumbersome gas bridges, consumers will have access to a plethora of new networks and applications. The goal of the joint effort between Manta and Cycle is to reduce fee costs while improving usability for users engaging with various blockchains.
