
Wrapped Ether (Mantle Bridge) (WETH)
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About Wrapped Ether (Mantle Bridge)
Wrapped Ether (Mantle Bridge), with ticker WETH, is an integral part of the Mantle ecosystem, which aims to adopt decentralized and token-governed technologies massively. The ecosystem comprises the Mantle Network, an Ethereum rollup, Mantle Treasury, and a token holder-governed roadmap for products and initiatives. With Mantle Network Mainnet, developers can build dApps with exceptional user experience while relying on Ethereum’s unrivaled security, thanks to its high-performance Ethereum layer-2 network built with modular architecture.
Mantle Network combines roll-up technology with a decentralized data availability layer, MantleDA, powered by EigenDA technology, to achieve hyper-scale performance, low fees, and faster finality. It leverages Ethereum’s roll-up technology, ensuring high throughput without compromising security, all within a familiar EVM environment. Additionally, Mantle LSD enhances the capital efficiency of ETH through decentralized staking services.
Token holders play a crucial role in the governance of the Mantle ecosystem. They determine Mantle’s strategic direction through proposals and voting. All decisions, from launching new initiatives to resource management and assigning responsibilities, are subject to the approval of $MNT token holders. With a significant treasury, token holders prioritize a value-oriented mindset, transparency, and accountability. The Mantle ecosystem also supports initiatives that drive adoption, such as the Mantle EcoFund, which invests in high-potential applications and technology partners, and EduDAO, an incubator empowering university groups and centers through resources and active capital.
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