MANTA Joins Hands with ETHENA to Offer 5X Points for Staking

MANTA Joins Hands with ETHENA to Offer 5X Points for Staking

MANTA network (MANTA) has announced that it will support the stablecoin issuance protocol ETHENA (ENA) on its CeDeFi platform. This integration will allow users to stake ENA on the Manta CeDeFi platform and earn five times the ETHENA Points Sats. This move is part of MANTA's ongoing efforts to expand its CeDeFi ecosystem and offer more value to its users. The partnership with ETHENA will provide MANTA users with access to a wider range of stablecoin options and staking opportunities. ETHENA's stablecoin, ENA, is backed by a basket of fiat currencies and offers stability and low volatility. By staking ENA on the Manta CeDeFi platform, users will be able to earn a passive income while also supporting the growth of the ETHENA ecosystem. To incentivize users to stake ENA, MANTA will offer a 5x multiplier on ETHENA Points Sats. This means that users who stake ENA will earn five times the number of points they would earn if they staked other supported assets. These points can be used to redeem rewards and discounts on the Manta CeDeFi platform. The integration of ETHENA on the Manta CeDeFi platform is a significant development for both projects. It will allow MANTA to expand its CeDeFi offerings and provide users with more stablecoin options. For ETHENA, it will provide access to a new market and allow it to reach a wider audience.