The L2 project Mantle Network launched the alpha version of the main network and created a $200 million ecosystem support fund.
The launch of the mainnet was preceded by six months of development and testing, as well as several security audits. During this period, the network processed more than 14 million transactions.
Mantle combines modular architecture with the security and decentralized features of the Ethereum blockchain. The peculiarity of this approach is the separation of execution, data availability and consensus at different levels.
The platform uses Optimistic Rollups and interacts with the EigenLayer restaking protocol.
According to Mantle representatives, the development of second-tier solutions opens up new use cases like “advanced blockchain games” and low-fee DeFi services.
The mainnet was launched with the support of the Game7 blockchain game accelerator, the HyperPlay Web3 project, the EduDAO educational initiative, and the Ankr, Bullieverse, Covalent, LayerZero, and The Graph infrastructure projects.
The $200 million Ecosystem Support Fund was created in partnership with venture capital firms Animoca Ventures, Dragonfly Capital, Figment Capital, Hashkey Capital, Pantera Capital, QCP Capital and SevenX Ventures. The structure will be managed by Mirana Ventures.
Recall that in May, the decentralized autonomous organization BitDAO announced a merger with the Mantle Network to create a single ecosystem under its brand.
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