The Wild, Wacky World of Mantle 2.0: DeFi Meets CeFi and Nobody’s Bailing!

Alright folks, gather ’round! Mantle 2.0 is here, aiming to be the institutional liquidity chain-because why settle for just one kind of liquidity when you can have the whole buffet of tokenized real-world assets? It’s like when the cool kids of CeFi and the nerds of DeFi finally decide to crash the same party and-spoiler alert-they might actually get along! 🎉

Rewind to 2021: Mantle Network strutted onto the stage as Ethereum’s layer-2 scaling solution, proudly waving the flag of BitDAO. Yes, the first L2 network born from a decentralized autonomous organization-fancy talk for a robot running a democracy… kinda.

Fast forward to July 2023-because who has time to wait? BitDAO and Mantle Network got hitched, rebranding lovebirds into just “Mantle” with its shiny new MNT token. Ah, young love in the blockchain age! 💔💖

Now, in the greatest sequel since “Young Frankenstein,” Mantle 2.0 bursts onto the scene. This time with Bybit execs sliding into the advisory chairs-think of it as the blockchain’s answer to a celebrity cameo. Delphi Digital spilled the tea this Wednesday, revealing a roadmap that tries to smoosh together CeFi and DeFi. It’s like the blockchain version of peanut butter and jelly, or oil and water-hey, maybe this time it’ll mix!

Mantle 2.0 isn’t just playing around; it’s pitching a new biz model where DAOs and centralized exchanges might just marry and live happily ever after, blending the wild west of crypto governance with the nice cushy liquidity and user base of the big leagues. Dear crypto cowboys, saddle up! 🤠

August 18th saw Bybit roll out exclusive campaigns and earn products for all you lucky MNT holders-because nothing says “love” like exclusive perks.

Then on August 29th, the dynamic duo (Bybit and Mantle) unleashed a roadmap that basically says: “Lower slippage for your buys, more ways to pay, plus savings and staking! Eat your heart out, traditional finance.”

Mantle 2.0 fireworks display

Delphi Digital laid it out in a post that’s part financial prophecy, part soap opera: “Mantle isn’t just an L2 anymore-it’s the foundation of Bybit’s kingdom. This isn’t some casual fling; folks, it’s a full-on takeover bid for RWA (Real World Asset) domination.”

“MNT token graduates from mere governance token to Bybit’s shiny utility asset.”

And just when you thought it couldn’t get juicier, Delphi also said that MNT’s value is now tied to Bybit’s daily trading frenzy-$3-5 billion in spot and more than $25 billion in derivatives. Monopoly money? Nope, just the new crypto order mixing the old TradFi and rebellious DeFi like some kind of financial Frankenstein monster.

Mantle’s Got Capital… Thanks to Bybit’s Fat Wallet and a $200M Treasure Chest 🤑

Thanks to Bybit’s patronage, Mantle might get the keys to the kingdom of capital-whether it’s through investments, grants, or a hefty $200 million EcoFund set aside for native apps. That’s enough to make even Scrooge McDuck swim in crypto coins.

The fund’s guest list reads like a crypto Avengers lineup: Dragonfly, Pantera, Spartan, Figment Capital, Folius Capital, Hashkey Capital… a who’s who of big-money pals ready to back this bash.

Crypto Avengers lineup

Now here’s the kicker: Mantle and Bybit are starting to blur together like two actors sharing a wig-some investors are squinting, worried about just how much decentralization is left in this blockchain soap opera.

Delphi Digital wisely notes, “Sure, Mantle’s still technically run by token holders via DAO rules, but Bybit’s fingerprints are all over this lovechild.” A fijn deconstructie of crypto’s new family drama!

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2025-09-04 15:14