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Mantle Network Hits $40M TVL, Launches $200M Fund for Ethereum L2 Apps!

August 16, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Creator: Mustafa Mulla Aug 16, 2023 19:53

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

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Mantle Community, a Layer 2 blockchain community on Ethereum, has surpassed $40 million in whole worth locked (TVL), pushed by its decentralized trade Agni Finance, which has seen its TVL surpass $23 million and cumulative buying and selling quantity attain $53.6 million. The community has additionally seen an inflow of belongings from the Ethereum bridge, with round 5,000 distinctive addresses bridging practically $56 million from Ethereum to Mantle. To additional assist progress, Mantle’s DAO-led ecosystem has accredited a $200 million fund to fund early-stage apps on Ethereum Layer 2.

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Tags: 200M40MAppsEthereumFundHitslaunchesMantleNetworkTVL
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