Manta: The rapid growth of Manta Pacific is due to the New Paradigm campaign and the introduction of tokens, which have brought in a large amount of liquidity
According to The Block, Kenny Li, co-founder of Manta, explained the two reasons why Manta Pacific ranked among the top three in TVL Layer 2. Firstly, the "New Paradigm" event of this project pushed it to fourth place a few weeks ago. This upgrade is believed to have sparked a lot of user interest in a short period of time and introduced yield assets natively into the Layer 2 network.
Then, after the token was launched, a significant amount of liquidity and trading volume on-chain propelled Manta Pacific into the top three.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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