The Definitive Handbook for Manta Interoperability & Staking

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18 Jan 2024

Manta Network, starting with the high-speed ZK L1 chain Manta Atlantic, expanded its ecosystem with the community-driven modular L2 system, Manta Pacific. To ensure user participation across both chains, especially with the $MANTA governance token, the cBridge cross-chain bridge powered by Celer will go live on January 18, 2024, seamlessly connecting Manta Pacific and Atlantic.

This integration allows users to freely circulate assets and utilize $MANTA for cost-effective transactions, fostering engagement in diverse activities spanning DeFi, SocialFi, zkApps, and more within the Manta ecosystem.

Bridge and Lockup

Manta's bridge and staking features on Manta Atlantic go live at the Token Generation Event. For $MANTA holders on Manta Pacific, bridging to Manta Atlantic opens the door to stake and participate in the Atlantic ecosystem. Don't miss out on the chance to leverage your $MANTA tokens for an enriched experience in the Manta Network.

Bridging $MANTA between Pacific and Atlantic

Bridging with Manta Bridge

1. Ensure you have ample tokens to cover gas fees: $MANTA in your Manta Atlantic wallet and
$ETH in your Manta Pacific wallet. If you haven't set up your Atlantic wallet, consider using a compatible option like the Manta Wallet. Once your Atlantic wallet is ready, locate the address within.

2. Utilize the Manta Bridge to transfer $MANTA from Manta Pacific to Manta Atlantic.

3. Connect both your Atlantic wallet (e.g., Manta Wallet) and your Pacific wallet (e.g., MetaMask) via cBridge. Then, pick the token for bridging ($MANTA) and specify the desired amount.

4. Greenlight the transaction to kickstart the transfer process.

Bridging with cBridge

1.    Ensure you've got enough tokens to cover gas fees: stash $MANTA in your Manta Atlantic wallet and $ETH in your Manta Pacific wallet. If you haven't snagged an Atlantic wallet yet, grab a compatible one like the Manta Wallet. Once set up, use the provided address.

2.   Seamlessly move $MANTA from Moonbeam to Manta Pacific using Celer's cBridge.

3.   Link up both your wallets (e.g., Manta Wallet for Atlantic and MetaMask for Pacific) through cBridge. Opt for the network to bridge from (e.g., Manta Pacific) and the target network (e.g., Manta Atlantic). Then, cherry-pick the token for bridging ($MANTA) and punch in the amount for a smooth transfer.

Notes

To manually update your Manta Wallet, launch the Chrome extension, activate developer mode in the top-right corner, and hit 'Update' located in the top-left corner.

If you joined the Squad Game during the Manta Network Crowdsale, your $MANTA tokens will reflect in your Manta Atlantic network wallet.

When transferring to centralized exchanges, exercise caution and double-check the network address. Manta Pacific addresses always commence with the prefix 0x.

For transfers between Manta Atlantic and Moonbeam, leverage the Polkadot XCM bridge. Meanwhile, for transactions from Moonbeam to Manta Pacific, rely on the Bridge powered by Celer.

Staking $MANTA for Atlantic Security & Rewards

Users have the opportunity to engage in staking $MANTA tokens on Manta Atlantic. By staking $MANTA, users actively contribute to the network's security via the collator program, and, as a rewarding incentive, they earn staking rewards. To initiate the staking process for $MANTA, adhere to the following instructions.

1.    To start, if you haven't got a Manta Atlantic-compatible wallet yet, consider adding the Manta Wallet Chrome extension or any other wallet that supports Manta Atlantic.

2.   Walk through the steps outlined in the Manta Wallet extension to set up a new account. Ensure you securely back up your mnemonic phrase!

3.   Once your wallet setup is complete, fund it with $MANTA and proceed to the Collator website on Manta Atlantic. Here, you can choose a collator to stake your assets. Keep in mind that each collator can only accommodate up to 100 wallets. Beyond this limit, only the top 100 wallets (ranked by the amount of $MANTA contributed) will be eligible for rewards.

4.   Easily track your rewards by connecting your wallet to the Manta Collator website and checking the top of the page. Stay informed about your staking progress and potential earnings.

Adoption of Manta Atlantic

Manta Atlantic network provides an extensive array of features designed to elevate user interactions and enrich their overall experience:

Bridge: Facilitates smooth cross-chain transactions between Manta Atlantic and Manta Pacific through the cBridge, powered by Celer. This mechanism empowers users to effortlessly transfer $MANTA tokens between the Manta Pacific and Manta Atlantic networks.

Stake: Streamlines the exchange of $MANTA tokens through the MantaDEX exchange feature. Node maintainers are incentivized to operate Manta network's collators, providing users with a user-friendly avenue to manage their token holdings within the Manta ecosystem.

Swap: Simplifies the process of exchanging $MANTA tokens by leveraging the decentralized exchange functionality of Mantapay.

LST (Liquidity Staking Tokens): Introduces the Liquidity Staking Tokens mechanism, powered by Bifrost. This innovative feature allows users to stake tokens and provide liquidity, making a valuable contribution to the overall liquidity dynamics of the Manta Network.

About Manta Network

Manta Network stands as the pioneering modular blockchain for zero-knowledge (ZK) applications. At the forefront is Manta Pacific, a modular L2 ecosystem tailored for EVM-native ZK applications and dApps, committed to providing users with the optimal blend of affordability and user experience. By harnessing Manta's Universal Circuits for ZK-as-a-Service and Celestia's data availability for enhanced modularity, Manta Pacific establishes itself as the ideal environment for ZK-enabled applications. Dive deeper into the features and capabilities of Manta Pacific by exploring further.

Crafted by a team of seasoned innovators hailing from esteemed institutions such as Harvard, MIT, and Algorand, Manta Network is built on a foundation of expertise. Its journey has been fueled by investments from leading web3 funds, including notable names like Binance Labs and Polychain Capital. Thriving through participation in premier web3 accelerators like Alliance DAO and Berkeley Blockchain Xcelerator, Manta Network continues to shape the landscape of blockchain technology.