[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Rahulex 🍳 [@_imrahul01](/creator/twitter/_imrahul01) on x XXX followers Created: 2025-07-13 07:16:25 UTC Journey of Mantle Network (2022–2025) From BitDAO to ZK Future — Now with @URNeobank 2022–2023: Start and Mainet Launch • Merger of BitDAO and Mantle:- BitDAO and Mantle merged in May 2023. BitDAO's token holders then adopted the new token $MNT. • Launch of Mainet Alpha:- On July 17, 2023, Mantle's EVM-compatible Layer-2 network went live. It was based on optimistic rollup and used @eigen_da (@eigenlayer ) for data storage. • $XXX million Ecosystem Fund:- $200M was funded to promote developers and new projects — especially for DeFi, NFTs, infrastructure, and gaming. 2024: DeFi expansion and Tectonic upgrade • Fast in TVL (Total Value Locked) Mantle's TVL reached $900M+ by the first quarter of 2024. Several major dApps such as @MerchantMoe_xyz , Agni Finance, INIT Capital, and @FusionX_Finance contributed to this. • “Tectonic” Upgrade • EIP‐1559 Gas Model • Block time of X seconds • Meta-transaction support • MNT's native support on Layer-2 • Block tagging for better data • Mantle Reward Station was launched, in which users get rewards in exchange for on-chain activity. December 2024: Plans for ZK Rollup • Partnership with Succinct SP1 Mantle announced that it will adopt the ZK-validity rollup, which will use the SP1 Prover. This will reduce the finality time to less than X hour, and support the entire EVM bytecode of Ethereum. January 2025: ZK Testnet and MNT token rally • ZK-SP1 Testnet went live SP1 based ZK Rollup testnet was released with cheap transactions, fast finality and full EVM compatibility. • XX% jump in MNT token Due to the ZK plan and better technology, the price of MNT reached $XXXX. June 2025: Great launch of UR Neobank The world's first fully on-chain crypto neobank, developed by Mantle Network. • Launch date: 18–19 June 2025 (early access went live) • Main facilities: • Swiss regulated IBANs (in USD, EUR, GBP etc.) • Mastercard debit card linked to both Fiat and Crypto • SEPA, SWIFT and SIC payment system support • Ethereum and Arbitrum Deposit/withdraw already supported; Mantle support coming soon • Backend is completely based on smart contracts • Use case: UR is an app that combines both Traditional Finance (banking) and DeFi in a single interface. That is a real bank-like experience, but entirely on the blockchain. •Effect: The price of the MNT token surged ~10% soon after launch. Mantle described UR as the core part of his "Liquidity Chain Vision". I have written this in very Shot and simple words so that you can understand the journey of Mental Network. 😁 @KaitoAI @Mantle_Official  XXX engagements  **Related Topics** [mongolian tughrik](/topic/mongolian-tughrik) [rollup](/topic/rollup) [holders](/topic/holders) [token](/topic/token) [corporate finance](/topic/corporate-finance) [zk](/topic/zk) [bitdao](/topic/bitdao) [coins dao](/topic/coins-dao) [Post Link](https://x.com/_imrahul01/status/1944294828776599986)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Rahulex 🍳 @_imrahul01 on x XXX followers
Created: 2025-07-13 07:16:25 UTC
Journey of Mantle Network (2022–2025) From BitDAO to ZK Future — Now with @URNeobank
2022–2023: Start and Mainet Launch
• Merger of BitDAO and Mantle:- BitDAO and Mantle merged in May 2023. BitDAO's token holders then adopted the new token $MNT.
• Launch of Mainet Alpha:- On July 17, 2023, Mantle's EVM-compatible Layer-2 network went live. It was based on optimistic rollup and used @eigen_da (@eigenlayer ) for data storage.
• $XXX million Ecosystem Fund:- $200M was funded to promote developers and new projects — especially for DeFi, NFTs, infrastructure, and gaming.
2024: DeFi expansion and Tectonic upgrade
• Fast in TVL (Total Value Locked)
Mantle's TVL reached $900M+ by the first quarter of 2024. Several major dApps such as @MerchantMoe_xyz , Agni Finance, INIT Capital, and @FusionX_Finance contributed to this.
• “Tectonic” Upgrade • EIP‐1559 Gas Model • Block time of X seconds • Meta-transaction support • MNT's native support on Layer-2 • Block tagging for better data • Mantle Reward Station was launched, in which users get rewards in exchange for on-chain activity.
December 2024: Plans for ZK Rollup
• Partnership with Succinct SP1
Mantle announced that it will adopt the ZK-validity rollup, which will use the SP1 Prover. This will reduce the finality time to less than X hour, and support the entire EVM bytecode of Ethereum.
January 2025: ZK Testnet and MNT token rally
• ZK-SP1 Testnet went live
SP1 based ZK Rollup testnet was released with cheap transactions, fast finality and full EVM compatibility.
• XX% jump in MNT token
Due to the ZK plan and better technology, the price of MNT reached $XXXX.
June 2025: Great launch of UR Neobank
The world's first fully on-chain crypto neobank, developed by Mantle Network.
• Launch date: 18–19 June 2025 (early access went live)
• Main facilities:
• Swiss regulated IBANs (in USD, EUR, GBP etc.) • Mastercard debit card linked to both Fiat and Crypto • SEPA, SWIFT and SIC payment system support • Ethereum and Arbitrum Deposit/withdraw already supported; Mantle support coming soon • Backend is completely based on smart contracts
• Use case:
UR is an app that combines both Traditional Finance (banking) and DeFi in a single interface. That is a real bank-like experience, but entirely on the blockchain.
•Effect:
The price of the MNT token surged ~10% soon after launch. Mantle described UR as the core part of his "Liquidity Chain Vision".
I have written this in very Shot and simple words so that you can understand the journey of Mental Network. 😁
@KaitoAI @Mantle_Official
XXX engagements
Related Topics mongolian tughrik rollup holders token corporate finance zk bitdao coins dao