Manta Network will shut down its staking program
Odaily reports that Manta Network has announced the termination of its staking program, stating that the inflation-based reward mechanism dilutes the value of MANTA holders in the long term and does not align with the project's future development direction. Staking rewards will officially end in two weeks (April 20, 2026), and node operators can exit at any time starting today. Once the staking program is halted, no further network rewards will be generated.
Manta Network further stated that it plans to take over the operation of Manta Pacific's Layer2 infrastructure, shifting to operating its own sequencer and underlying technology stack to enhance network autonomy and streamline operational structure.
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.
You may also like
Injective Price Eyes $100 After INJ Goes Live on Solana Network
BUZZ - StubHub shares rise after Citigroup upgrades rating to "Buy"
Magna Terra Minerals joins Michael Gentile’s mining investor forum
Buffett steps down as chairman of Berkshire (BRK.A.US), his son Howard takes over as "guardian" of the culture, Abel to manage operations
Berkshire Hathaway announced on Friday that 96-year-old Warren Buffett will immediately step down as chairman and become honorary chairman, with his son Howard G. Buffett taking over as chairman.
Crypto prices
More
