Manta aims to bring a private decentralized exchange to Polkadot with $1.1M r...
Manta Network may be the first DEX to fully shield its activity from prying eyes. Manta Network has closed a $1.1 million funding round to create a fully private decentralized exchange on Polkadot.Announced on Tuesday, the round was led by Polychain Capital and joined by Hypersphere Ventures, Three Arrows Capital, Defiance Capital, Multicoin Capital, Alameda Research, BTC12 Capital, Genblock Capital, Rarestone Capital and AU21 Capital.Manta wants to create an automated market maker exchange on Polkadot that would feature fully private swaps. It uses zk-SNARKs with Groth16 proofs, which is....
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Substrate-based DeFi privacy protocol, Manta Network, announced treasury changes to its Kusama parachain, Calamari Network, locking 7.5 billion $KMA, or 71.5% of the total $KMA supply, in their decentralized treasury. The latest move by Manta Network aims to boost decentralization on its platform, with the funds requiring governance from the community to be unlocked. “Calamari […]
Manta Network, the privacy protocol for Polkadot, sold 80 million of its governance MANTA tokens to raise $28.8 million. The project sold 8% of its 1 billion fixed supply at its Squad Game token generation event hosted by Tokensoft, which saw widespread participation from the Manta community. This latest funding round comes after the $5.5 million funding round that took place last month, which was led by CoinFund and ParaFi Capital. Before this, it had a $1.1 million round led by Polychain Capital in 2021 itself. After winning the parachain network on Polkadot’s canary network Kusama,....