Manta is working with Cycle Network to strengthen liquidity management and asset bridging on the Manta Pacific. By integrating with Manta Pacific, users can trade assets using bridgeless liquidity abstraction.
🌊 We’re excited to welcome @cyclenetwork_GO to the #MantaNetwork ecosystem!
This integration allows users to trade assets on #MantaPacific via bridgeless liquidity abstraction for improved interoperability and streamlined liquidity management. https://t.co/nnfDsFe04U
— Manta Network (🔱,🔱) Meme-ta Szn (@MantaNetwork) August 19, 2024
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 provides ZK applications that deploy robustness in a scalable and low-cost environment with gas costs. It is designed to provide an unparalleled experience for the next generation of Web3 application creation and adoption using zero-knowledge cryptography.
It supports more than 200 active apps on the network and has unparalleled stability. The best-in-class environment for decentralized apps aimed at scaling to a global user base is provided by Manta Network, along with a suite of tools to quickly design and deploy applications.
Cycle Network provides aggregated liquidity through a bridgeless system that relies on aggregated sequencers and chain abstraction. Binance Labs supports this. Users benefit from this support as it increases reliability and security, creating a trustworthy environment for trading assets.
More about this partnership between Manta and Cycle Network
After the integration of the Manta mainnet, users will have the ability to bridge Manta assets from any network, resulting in an increase in liquidity. Not only does this allow Manta users to effortlessly connect to any blockchain, but it also helps save costs and increase efficiency.
By eliminating the need for expensive and cumbersome gas bridges, consumers will gain access to a plethora of new networks and applications. The goal of Manta and Cycle’s joint effort is to reduce costs while improving usability for users dealing with different blockchains.