Manta Foundation Invests $50 Million to Support Manta Atlantic Collators

IconCryptoNewsTerminal Staff07 Jun, 2024

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Manta Foundation Invests $50 Million to Support Manta Atlantic Collators

The Manta Network (MANTA) has committed 50 million MANTA to support collators on Manta Atlantic. Collators play a crucial role in securing and validating MANTA transactions on the Manta Atlantic network. This investment demonstrates the Manta Foundation's commitment to the growth and stability of the Manta Atlantic network. By supporting collators, the foundation ensures the network's long-term success and the security of its users' transactions. The Manta Atlantic network is a decentralized, privacy-focused blockchain that offers fast and secure transactions. It is designed to support a wide range of applications, including decentralized finance (DeFi), privacy-preserving smart contracts, and data storage. The Manta Foundation is a non-profit organization dedicated to supporting the development and adoption of the Manta Network. The foundation provides grants, educational resources, and other support to the Manta community.