Manta Network Townhall

Manta Network hosts an AMA with its founders and ecosystem projects on X Spaces at 1 PM UTC.

This Townhall aims to foster transparency and engagement, a key focus for Manta Network, which powers over 200 decentralized applications with high throughput and low fees, secured by Celestia and the OP Stack manta.network. The session will cover recent progress and future plans, with attendees encouraged to submit questions via a Google Form . Its significance lies in strengthening community trust, especially for a project emphasizing privacy and scalability in the zkEVM space.Recent NewsOver the past three months, Manta Network has made strides. The Mainnet Alpha launched on September 12, 2023, marked its entry as a functional EVM-based L2 docs.manta.network, and recent community AMAs have hinted at upcoming zkEVM enhancements. Additionally, a May 2025 Medium article highlighted preparations for an airdrop, boosting anticipation medium.com. However, the project faced scrutiny in 2024 over alleged money laundering ties to its Bithumb listing, though no conclusive evidence has emerged coinmarketcap.com.Future PlansManta’s roadmap includes transitioning to full zkEVM integration with Polygon’s ZK prover and deploying Universal Circuits for broader ZK application development docs.manta.network. These upgrades aim to simplify dApp creation for developers without ZK expertise, potentially expanding adoption. The team also plans to explore environmental initiatives tied to token distribution, aligning with sustainability trends.Onchain DataSpecific onchain metrics (e.g., transaction volume or staking activity) are not publicly detailed in recent updates. However, Manta Pacific’s design promises scalability with sublinear gas costs compared to Ethereum, a competitive edge as blockspace demands grow docs.manta.network.Community SentimentX reactions to the Townhall announcement are mixed. Enthusiasts like @ZenKairos01 and @etBtcBnb express excitement , while skeptics label it a “shit coin” or “scam” e.g., @dayal631, reflecting ongoing debates. This polarization underscores the need for clear communication from the Townhall.Additional InsightsManta competes with privacy-focused blockchains like Zcash, but its modular approach and community events set it apart. The symbolic timing near the One Ocean Science Congress (June 3-6, 2025) in Nice might draw eco-conscious investors, though no formal link exists. Users benefit from potential airdrop opportunities and educational resources on volatility risks medium.com.Risk DisclaimerAs with any crypto event, volatility and project risks exist. Verify information and invest cautiously. Join the Townhall to stay informed—mark your calendars!

The Gas Gain program, launched in September 2024, returns 50% of Manta Pacific’s gas fees as $MANTA tokens to the top 400 active users, backed by a 10M $MANTA bonus over four years [manta.network]. The pause, announced on June 13, 2025 [X Post ID: 1933369565351997784], aims to refine reward distribution, address inequities, and ensure sustainability. A shorter one-month epoch (ending June 29) with 50% reduced rewards kicks off this transition, requiring no action from participants. This recalibration seeks to better recognize diverse contributions and fuel innovation, a bold step in Manta’s modular L2 evolution.Recent NewsManta Network has been on a roll! In early 2025, the project saved users over $750,000 in gas fees by integrating with Celestia, solidifying its position as the largest modular Layer 2 on Ethereum [crypto.news, 2025-03-15]. The team also expanded its CeDeFi program, blending centralized and decentralized finance, which has boosted user engagement. This pause builds on these successes, signaling a proactive approach to scaling responsibly.Future PlansPost-pause, Manta plans to introduce more targeted rewards, new algorithms for diverse contributions, and mechanics favoring both loyal and new users [X Post ID: 1933369584062812179]. The updated Gas Gain program will align with Manta’s vision of scalable zero-knowledge applications, with roadmap updates hinting at enhanced privacy features and multi-prover integration with Polygon’s ZK cluster [docs.manta.network]. Stay tuned for details!Onchain DataExact metrics for the current epoch are pending, but Manta Pacific’s transaction volume has grown steadily, with a 24-hour trading volume of $13.9M for $MANTA as of mid-June 2025 [coinmarketcap.com]. Historical data shows consistent gas fee savings, a key driver of the program’s appeal. We’ll update with epoch-end stats once available.Community SentimentX reactions are largely positive, with users like @kangFENS calling it “a step in the right direction” [X Post ID: 1933374304810643954], while @TrevorPillowsSa expresses excitement for the resumption [X Post ID: 1933371117349359697]. Influencers note the focus on fairness, though some await clarity on new mechanics. The community’s enthusiasm reflects trust in Manta’s vision.Additional InsightsThis move mirrors a 2024 Blockchain Research Institute study, where 60% of L2 projects faced token inflation risks without recalibration [blockchainresearchinstitute.org]. Manta’s proactive stance could set a benchmark, especially amid rising L2 competition. Users benefit from potential higher reward value long-term, though early reward cuts may cause short-term dips.Risk Disclaimer: Crypto investments carry volatility risks; monitor updates closely.