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Mantle Recaps Its 2024 and Unveils Ambitious Plans for Next Year
As the curtain closes on a remarkable year for decentralized finance (DeFi) protocols, Mantle Network takes pride in its outstanding achievements in 2024. The ecosystem has made significant strides in consolidating its tools, such as Mantle Network, the mETH protocol, and its suite of yield-bearing assets.
Mantle’s transformative journey this year has seen it evolve beyond being a simple blockchain solution, embracing cutting-edge technology and institutional-grade security standards. This repositioning within the blockchain industry has paved the way for more innovative applications and partnerships.
The return of the Mantle Scouts Program marks a significant milestone in the company’s 2025 roadmap. The initiative will support projects within the ecosystem by pairing them with renowned scouts, including Piers Kicks and Guy Young. With a focus on consumer applications, payments, and artificial intelligence, this program aims to accelerate growth and develop groundbreaking solutions.
Another crucial development is the integration of Succinct’s SP1 technology. This enhancement significantly boosts Mantle’s scalability and security, allowing for transaction finality in under an hour. By embracing such innovative tech, Mantle has improved its asset availability, reduced friction in capital markets, and strengthened system efficiency.
Mantle’s 2024 performance was impressive, with record-breaking results across various metrics. The platform achieved a total value locked (TVL) of $2.36 billion, cementing its position within the top tier of DeFi ecosystems. Additionally, mETH protocol has established itself as the fourth-largest liquid staking protocol for ETH.
The assets like FBTC and AUSD have made significant strides in attracting both retail and institutional users to the DeFi market. Furthermore, partnerships with 20 venture capital firms through the Mantle EcoFund have provided valuable support to high-impact projects. Community engagement has also received a boost through expanded social media presence and global events.
As we look forward to 2025, Mantle Network’s ambitions are evident. The company is poised for significant growth and innovation, building on its strong foundation of 2024.
Source: crypto-economy.com
