Bridged Dai Stablecoin (Manta Pacific) (DAI)

Bridged Dai Stablecoin (Manta Pacific), with ticker DAI, is a stablecoin that operates on the Manta Pacific platform, the first EVM-equivalent ZK-application platform. It is designed to be scalable and secure using Celestia DA and Polygon zkEVM. Leveraging Celestia’s modular data availability, Manta Pacific offers a fast infrastructure at a fraction of the cost of other layer two solutions, making it an ideal environment for building and launching decentralized applications (dapps). It also features Universal Circuits, a ZK library that allows developers to easily call ZK-enabled contracts for their existing Solidity smart contracts and dapps.

Manta Pacific stands out for its low gas fees and high scalability, thanks to its utilization of Celestia and a modified OP Stack. It offers an unrivaled technical infrastructure for building and deploying ZK applications and dapps. The platform aims to be developer-friendly and app-agnostic, allowing developers to leverage Manta’s private identity tools across chains and in web2 environments, including mobile apps. With Manta’s SDKs and proof keys, developers can easily integrate on-chain identity with just a few lines of code.

Besides its technical features, Manta Pacific prioritizes non-invasive compliance. Through its zkSBTs or zero-knowledge succinct blockchain transcripts, users can verify their identity in a trustless and decentralized way without exposing sensitive personal information. This allows for seamless on-chain KYC verification without the need to scan passports or enter vulnerable data. Manta Pacific continuously evolves and grows its ecosystem to bring the best experience and value to real users. The Manta Ecosystem Grants Program supports exploring new and valuable use cases to address pain points faced by users in areas such as DeFi, gaming, and social applications.