ChainCatcher message, official data, affected by market fluctuations, the CeDeFi product launched by Manta Network currently offers an annualized return of 19.9% for BTC, 18.7% for ETH, and 74.2% for USDT. The current CeDeFi TVL exceeds 138 million USD.Manta CeDeFi is a coin-based yield product, allowing users to deposit BTC, ETH, and USDT related assets through the Ethereum mainnet, BNB chain, and Manta Pacific. These assets are mapped to the exchange by the former Binance custodian service provider Ceffu, providing institutional arbitrage, quantitative, and other trading strategy yields. In addition, after depositing assets, users will receive liquidity certificates mBTC, mETH, and mUSDT, which can be further deposited into projects like Cytonic, Mind Network, and Fuel to gain future airdrop benefits.

According to ChainCatcher news and the official announcement, the first round of Manta Gas Gas rewards has been developed and is available for collection. The top 400 users can claim their rewards on the Gas Gain official website, with an average real earnings of over 1000 USD per individual address.Gas Gain is launched by Manta Network, the industry's first program to share on-chain revenue with the community. Manta will allocate 50% of on-chain profits and additional MANTA tokens to reward core community users. Users are encouraged to explore and interact with Manta ecosystem projects. Each reward cycle lasts for 2 months, and the top 400 users can receive rewards, creating on-chain activity that drives MANTA prices, stimulating a positive cycle where price encourages more user participation.

ChainCatcher news, Manta Network co-founder Victor Ji published a lengthy article on the X platform, positioning Manta as a platform that brings emerging market users and new technologies to Ethereum.Victor stated that the Manta team members come from over 15 countries, and like Solana, the team and community are very diverse, with active communities in Indonesia, Vietnam, Turkey, the Russian-speaking region, South Korea, and more. After the product launch, the traffic in Indonesia could reach 10 million users.Manta is preparing to integrate the infrastructure of BTC and the Solana ecosystem, using BTC and MANTA as Restaking assets, increasing the Fast Finality of Manta blocks through economic security, and reducing the existing L2 withdrawal time from 3 days to within 1 hour. In addition to the EVM environment, there are also plans to support the SVM environment in the future.Furthermore, Manta is also preparing a MEME-oriented new product.

ChainCatcher message, CoinMarketCap shows that MANTA is currently priced at $1.13, up 9.69% in the last 24 hours and up 50% in the last 7 days, leading the L2 sector.

ChainCatcher news, according to Binance market data, MANTA has broken through 1.10 USDT, currently quoted at 1.124 USDT, with a 24-hour increase of 11.62%.

ChainCatcher news, according to data from RootData, the Manta Network token (MANTA) has broken through $1, currently priced at $1.006, with a 24-hour increase of 18%.According to the Web3 asset data platform RootData, [Manta Network](https://www.rootdata.com/zh/Projects/detail/Manta Network?k=NjY2 "A multi-module ecosystem for zero-knowledge applications") is a multi-module ecosystem for zero-knowledge applications. Manta Atlantic is the fastest ZK L1 chain, bringing programmable privacy to web3 through compliant on-chain privacy and identity. Manta Pacific is a unique L2 ecosystem for EVM-native ZK applications, providing a scalable and low Gas fee environment for deploying using only Solidity. Together, Manta Atlantic and Manta Pacific offer an unparalleled experience for the development and adoption of next-generation Web3 applications through the application of zero-knowledge encryption technology.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, Manta Network co-founder Victor shared a keynote speech on "The First Layer2 Adopting MultiDA."Victor stated that in terms of community incentives, Manta's Gas Gain profit rebate program converts 50% of the Gas profits on the Manta Pacific chain into MANTA tokens to reward users. Additionally, the Manta Foundation has committed to distributing 10 million MANTA as extra rewards over the next four years, with more for the top 400 ranked users on the network.Furthermore, the Manta CeDeFi product serves as a bridge between DeFi and CeFi, aggregating multiple yield strategies from RWA, on-chain, and CEX, allowing users to enjoy diversified returns from both CeFi and DeFi by simply depositing BTC, ETH, or stablecoins.Victor revealed that the $50 million ecological fund established by the Manta Foundation has supported around 16 projects, including KiloEx, in just two months.The Manta community team places great emphasis on global expansion, especially in emerging markets in Southeast Asia. He is a founder who truly lives in Southeast Asian countries to support local community development.Video live stream link:https://www.youtube.com/live/tTVcUPumPysImage live stream link:https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok Devcon, Manta Network co-founder Victor shared a keynote speech on "The First Layer2 Adopting MultiDA."Victor stated that Manta Network not only values on-chain data but also pays great attention to on-chain user behavior and use cases. The network has consistently ranked among the top three in the Layer2 market in terms of monthly active users. Data shows that Manta Network's monthly active addresses have exceeded 346,000, with average transaction fees as low as $0.0001 and daily transaction volume reaching up to 381,000.He then elaborated on the groundbreaking MultiDA (Multi Data DA Framework) technology introduced by Manta. By integrating multiple DA solutions such as EigenDA, NEAR DA, 0G, Nubit, and Dill, Manta has not only significantly enhanced the network's stability and resilience but is also the first Layer2 network to adopt the MultiDA architecture.He revealed that the Celestia DA layer has saved Manta over $12 million in costs.Video live stream link:https://www.youtube.com/live/tTVcUPumPysImage live stream link:https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, Binance market shows that MANTA has broken through $0.84, with a 24-hour increase of 11%.

ChainCatcher's message: RootData, OKX OS, and Manta Network will host a cocktail party on November 11 from 18:00 to 21:00 (GMT+7) at Hotel Nikko in Bangkok, Thailand. To facilitate attendees, the venue has been selected close to the main Devcon venue. This cocktail party aims to bring together professionals in the Web3 field to discuss the latest technological developments and industry trends.RootData is a leading Web3 asset data platform focused on integrating on-chain and off-chain data to enhance data structuring and readability. This cocktail party will invite guests from institutions such as RootData, OKX OS, and Olares to give speeches, providing attendees with in-depth industry insights and networking opportunities.

According to ChainCatcher's news, RootData, OKX OS, and Manta Network will hold a cocktail party on November 11 from 18:00 to 21:00 (GMT+7) at Hotel Nikko in Bangkok, Thailand. To facilitate attendees, the venue is chosen to be close to the main venue of Devcon. This cocktail party aims to bring together professionals in the Web3 field to discuss the latest technological developments and industry trends.RootData is a leading Web3 asset data platform focused on integrating on-chain and off-chain data to enhance data structuring and readability. This cocktail party will invite guests from institutions such as RootData, OKX OS, and Olares to give speeches, providing attendees with in-depth industry insights and networking opportunities.

ChainCatcher news, Manta Network co-founder Victor confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. Manta Network is a multi-module ecosystem for zero-knowledge applications, and Manta Atlantic is a ZK L1 chain that brings programmable privacy to Web3 through compliant on-chain privacy and identity.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, with Soso Value as a co-organizer, and aims to gather elites from the Web3 field to exchange insights on the industry, expecting to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024 annual heavyweight list, which objectively selects influential individuals or institutions in the industry from a data perspective.

ChainCatcher message, Manta Network officially launched the Expedition exploration event, encouraging users to cross-chain ETH from Scroll and other L2s to Manta, hold assets on the Manta chain, participate in DEX trading, and add LP to earn double points. The event lasts for 3 months, and at the end, the points will be exchanged for real MANTA token rewards.

ChainCatcher news, according to Grow the Pie data, the current daily active users on the Manta Pacific chain are 102,000, ranking third among L2s, only behind Base and Arbitrum. Additionally, the current Manta Gas is only 21.07 Gwei, the lowest among all L2s. In comparison, Base is at 652.38 Gwei, and Arbitrum is at 1950 Gwei.Manta Pacific is the first and largest modular L2, supported by institutions such as Binance Labs and Polychain. The current on-chain gas profit sharing program, Gas Gain, is underway.

ChainCatcher message, according to official news, Manta Network has launched a 4-year Gas Gain program, with a cycle of 2 months, sharing 50% of the Gas profits on the Manta Pacific chain with interactive users, while providing 10 million MANTA tokens as rewards.Users holding assets on the Manta Pacific chain are considered participants by interacting, with no additional registration required.

ChainCatcher news, according to Ethereum Daily data, Base has over 1.3 million unique addresses, ranking first among Ethereum L2s. Arbitrum and Manta rank second and third with 468,000 and 206,000 respectively.

ChainCatcher message, recently, Manta Network's official Twitter released a poll "Should L2 share Gas fee profits with users?" accompanied by a thinking emoji, possibly hinting at the launch of related features or products.As of now, the proportion of supporters is 85.1%, while the proportion of opponents is 14.9%.

ChainCatcher news, according to official sources, Manta Network has partnered with Mind Network. Users can deposit BTC and ETH into the Manta CeDeFi platform to earn APY rewards while accumulating Mind Network vFHE token airdrop points.The Manta CeDeFi product is a real asset-backed yield product launched by Manta Network, aggregating various yield strategies from RWA, on-chain, and CEX. Users can deposit BTC, ETH, and stablecoins to participate and earn different types of yields, including RWA, institutional CeFi yields, and funding rate arbitrage profits. Mind Network is a fully homomorphic encryption (FHE) protocol supported by Binance Labs, SevenX Ventures, Haskkey, and others.

ChainCatcher news, Web3 ecological service Nest Layer announced the completion of a new round of financing, with participation from the Manta Foundation Fund. The specific valuation and amount of financing have not been disclosed.The new funds will be used to support the development of its product suite Dropnest. The services currently supported by Nest Layer include investment, node management, NFT, airdrop farming, staking, yield generation, and DePIN. Dropnest simplifies airdrop farming through a one-click interface.

ChainCatcher news, the Manta Foundation announced a strategic investment in the chain abstraction liquidity aggregation protocol Cycle Network, with the specific financing amount undisclosed. Other investors include Summer Ventures, Vertex Ventures, and others.Cycle Network has applied for the Manta Foundation's $50 million ecosystem fund. This investment aims to promote Web3 development, particularly in enhancing liquidity, cross-chain connectivity, and efficiency among ecosystems.It is reported that Cycle Network was selected for Binance Labs' seventh season incubation program in July this year.