Mantle (MNT)
What is Mantle?â
Here are 5 key points about the Mantle Blockchain:
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Modular Architecture: Mantle Blockchain employs a modular design that separates execution, settlement, and data availability layers. This structure enhances scalability and flexibility, allowing for independent upgrades and optimizations.
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High Performance: The blockchain is designed to offer high throughput and low latency, making it suitable for applications requiring fast transaction processing and real-time responsiveness.
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Enhanced Security: Mantle leverages advanced cryptographic techniques and consensus mechanisms to ensure the security and integrity of the network, protecting against various attacks and vulnerabilities.
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Interoperability: Mantle supports seamless interaction with other blockchains and networks, facilitating cross-chain transactions and interoperability, which enhances the utility and reach of the blockchain.
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Mantle Token (MNT): The MNT token powers the Mantle ecosystem which is used for transaction fees. MNT holders can stake tokens to secure the network and participate in on-chain governance.
Learn more about Mantle Blockchain by reading the Gem Wallet Learn article:
What Is The Mantle Blockchain?
Mantle on Gem Walletâ
Gem Wallet has the following features enabled for Mantle:
- Buy Mantle (MNT) with fiat using debit/credit cards. (TBA)
- Store Mantle (MNT) and ER20 tokens securely.
- Send and Receive MNT and ERC20 tokens natively.
- Interact with DApps on Mantle via WalletConnect.
What are ERC20 tokens on Mantle?â
- ERC20 tokens are a type of digital assets issued via smart contracts on the Ethereum network.
- Mantle supports the transfer and interoperability of ERC20 tokens from the Ethereum network to the Mantle Network. Mantle itself does not have its own native ERC20 tokens.
- They allows users to access a wide range of ERC20 tokens and decentralized applications (dApps) on Mantle while benefiting from its scalability and low transaction fees.
How to Get Mantle?â
Here are some ways to acquire some Mantle (MNT):
- Buy Mantle (MNT) directly on the Gem Wallet app. (TBA)
- Receive MNT with the unique MNT address on the Gem Wallet app.
Transaction Fees on the Mantle Blockchainâ
The fees on Mantle are summarized as follows:
- Mantle Blockchain is designed to offer low transaction fees, making it an economical choice for users and developers engaging in frequent transactions.
- The fee structure is dynamic and adjusts based on network demand and transaction complexity, ensuring fair and efficient fee distribution.
- All transaction fees on Mantle are paid in MNT tokens.
How to Check Mantle (MNT) Balance?â
Gem Wallet app connects to the Mantle Blockchain to show the MNT balance on your wallet. Tap on the 3 dots at the upper right corner, then tap on View address on Mantle Explorer.
Mantle Explorer is the default MNT explorer of Gem Wallet. You can manually check balances and transactions by going to Mantle Explorer and search for your MNT address.
Why Choose Gem Wallet for Mantle?â
Here are three reasons why you should use Gem Wallet for your MNT tokens:
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Enhanced Security: Gem Wallet employs robust security measures, including advanced encryption and secure key management, to protect your MNT tokens from unauthorized access and potential threats.
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Open-Source Transparency: As an open-source wallet, Gem Wallet allows for community review and audits of its code. This transparency ensures that there are no hidden vulnerabilities and builds trust among users.
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Multi-Currency Support: Gem Wallet supports a wide range of cryptocurrencies, including MNT tokens. This multi-currency support allows users to manage various assets in one secure and convenient platform.