Thread by @CryptoGirlNova

1) Last year has taught us that #layer2 protocols will be the driving force of this industry.

Is @0xMantle, a community-owned chain built by the LARGEST decentralized treasury #BitDAO the next most popular protocol?

Let's find out 👇🧵

#BuildOnMantle #Mantle $Bit

2) Here is what I’ll cover in this thread:

1. Mantle network introduction
2. Overview
3. Tokenomics
4. Empowering BitDAO
5. Roadmap
6. Building on Mantle
7. Socials
8. Conclusion

3) 1️⃣ Mantle network introduction

#Mantle is a high-performance layer 2 network.

It aims to make #Ethereum hyper-scalable using a modular approach while providing high security and low fees.

To achieve this goal, a separate decentralized data availability layer is used.

4) The project was created by the @BitDAO_Official community.

This is a decentralized autonomous organization with one of the highest decentralized treasuries in this industry.

#Mantle is entirely community-owned and governed which is a rare feat in this industry!

5) 2️⃣ Overview

#Mantle has a lot of advantages over other existing chains in today's market.

• Hyperscale performance

• Unparalleled security

• Community-owned

• Low fees

These feats are achieved by certain technology innovations.

https://twitter.com/0xMantle/status/1613236965562015745

6) #Mantle combines roll-up technology with a decentralized data availability layer.

This drives supercharged performance with low fees and faster finality.

Ethereum’s roll-up technology ensures that high throughput comes with unrivaled security in a familiar EVM environment.

7) Since #Mantle network is the first Ethereum layer-2 chain initiated by a #DAO, it also hosts a series of benefits.

#BitDAO will be seeding an ecosystem of projects specially for Mantle network.

This instantly fuels adoption that other chains initially struggle with.

8) 3️⃣ Tokenomics

#Mantle’s goal is to drive as much value and utility as possible to the $BIT token.

Mantle uses $BIT for:

• Gas fees
• Driving overall demand
• Empowering the #BitDAO ecosystem

#BIT is already in circulation and trading on the markets.

9) Utility to $BIT isn't limited at the gas fees layer, but also with the staking layer and the infrastructure layer.

#BIT allows building an interesting network economy that strengthens both the token and the community that holds it.

10) 4️⃣ Empowering BitDAO

As a network initiated by #BitDAO, #Mantle facilitates decentralized decision-making and community participation in the ecosystem growth.

It's native token $BIT allows communities to be a part of building this network and be rewarded for it's growth.

11) A large ecosystem of partners already exists and will continue to grow within #BitDAO.

#Mantle is the blockchain that binds all of this together and helps build value for each moving part.

12) 5️⃣ Roadmap

#Mantle network's testnet is currently up and running.

When development and testnet testing proceeds smoothly they'll be looking to release and put a date on the mainnet.

13) 6️⃣ Building on Mantle

#Mantle network heavily encourages all developers to build on Mantle's testnet.

They will pleasantly surprised with the chain's high performance, high security and low cost.

Check the tweet below for the link 👇

#BuildOnMantle $BIT

https://twitter.com/0xMantle/status/1612706669066334209

14) 7️⃣ Socials

List of socials:

Website:
mantle.xyz

Twitter:
@0xMantle
@BitDAO_Official

Telegram:
t.me/mantlenetwork

Discord:
discord.com/invite/0xMantle

Reddit:
reddit.com/r/0xMantle

YouTube:
youtube.com/@0xMantle

LinkedIn:
linkedin.com/company/0xMant…

15) 8️⃣ Conclusion

We've seen time and time again that #Ethereum is pretty much unparalleled when it comes to developer activity and liquidity.

Layer 2 protocols leverage the network Ethereum offers.

Today's examples aren't all optimized however.

16) #Mantle network is building a high-performance L2 that cuts transaction fees from what they are on traditional L2s.

This without compromising on decentralization or security.

The fact that they are incubated by #BitDAO adds a huge amount of credibility.

17) Most new blockchains struggle with funding or lack of adoption due to an initial low community and traction.

#BitDAO already has both of these which makes #Mantle already a popular protocol before it's even released.

18) If you've ever been looking to be early on a promising upcoming blockchain this is as good as it gets.

Nova out ❤️

19) I hope you've found this thread helpful.

Follow me @CryptoGirlNova for more.

Like/Retweeting the first tweet below would mean a lot to me 👇💟

https://twitter.com/CryptoGirlNova/status/1620485828026970112