Manta Network has unveiled its unique Layer 2 called New Paradigm. It is the first operational Ethereum Layer 2 (L2) solution with intrinsic revenue for ETH and stablecoins. Users can now deposit ETH and USDC, collaborate, invite friends, and actively participate in the ecosystem to collect Lucky Boxes and win prizes.

Manta Pacific Surpasses $30 Million TVL with New Paradigm Introduction

Return-generating tokens and their supporting mechanisms have traditionally operated autonomously in cryptocurrencies. The first L2 platform to offer composability for yield-bearing tokens, Manta Pacific, lets users deposit ETH and stablecoins to maximize efficiency and returns. With over 100 projects installed, Manta Pacific has a TVL of over $30 million on its live network. Now, Manta Pacific offers a New Paradigm to unlock native yield.

Like adding rockets to an explosion, the New Paradigm advances cryptocurrency. This invention makes the procedure faster and more flexible. Over 150 Manta Pacific projects allow users to use native yield-bearing ETH and stablecoins without a multisig.

Manta Pacific’s New Paradigm Delivers Instant Liquidity Across 150 Projects

New Paradigm quickly delivers liquid tokens in the Manta Ecosystem, allowing users to connect with over 150 projects. Users cannot simply immobilize their tokens and expect a long duration. Manta Pacific features over 200 ecosystem activities and partners, adding new and beneficial projects frequently. Manta Pacific offers instant liquidity. First-time New Paradigm campaign users cannot withdraw funds for 69 days. However, they can use these tokens immediately in Manta Pacific.

StakeStone and Mountain Protocol are Manta Network’s main native yield partners for its L2 platform, Manta Pacific. Customers can deposit ETH and get STONE (Stone Ether) on Manta Pacific using StakeStone. STONE creates profit by staking native ETH on L1. Mountain Protocol, a regulated RWA, lets customers deposit USDC and obtain wUSDM on Manta Pacific. Stablecoin Manta Pacific earns from US Treasury Bills.

Manta Pacific customers can convert STONE and wUSDM into cash to earn more money and incentives from DeFi items and over 100 other initiatives. The Manta New Paradigm event adds token awards, making it appealing to cryptocurrency lovers.