The cryptocurrency world is witnessing a powerful strategic move as the Bybit exchange, one of the leading platforms, continues to solidify its deep strategic partnership commitment with Mantle (formerly BitDAO). The two parties have just announced an ambitious Mantle 2.0 strategy and a comprehensive cooperation plan, paving the way for a new era in promoting real-world asset (RWA) tokenization on the blockchain.
This is more than just a simple partnership; it is a deep strategic integration, promising to reshape the landscape of the blockchain and decentralized finance (DeFi) space.
Key Highlights Shaping the Future:
- Bybit Leadership Involvement: This relationship is strengthened by the direct involvement of high-level leaders from Bybit. Ms. Helen (Bybit Co-CEO) and Ms. Emily (Bybit Head of Spot Trading) have officially joined Mantle in advisory roles, clearly demonstrating the depth of commitment and shared vision between the two organizations.
- Powerful Mantle 2.0 Launch: At the heart of this partnership is Mantle 2.0 – an advanced Layer 2 (L2) which not only provides robust infrastructure but also positions itself as an institutional-grade liquidity hub. Mantle 2.0 has the flexibility to connect both EVM-compatible and non-EVM chains, significantly expanding its application scope and interoperability.
- Priority on RWA Development – Unlocking Real-World Asset Value: One of Mantle 2.0’s key focuses is the strong development of the Real-World Asset (RWA) sector. This paves the way for bringing traditional institutional assets onto the blockchain securely and compliantly, ushering in a new era for decentralized finance and connecting the traditional financial world with Web3.
- Comprehensive Ecosystem Support: To promote the RWA vision, the Mantle ecosystem will continue to maintain and expand its EcoFund and Grants program. These initiatives aim to support pioneering startups in the RWA sector, helping them fully leverage Bybit’s massive global user base, creating powerful and sustainable development leverage.
- Diverse Utility of the $MNT Token: Although $MNT is not Bybit’s native platform token, the exchange has been and is considering integrating $MNT into various products and services, including Launchpool programs, transaction fee payments, and VIP tier upgrades. This promises to significantly increase the utility and demand for $MNT.
- $MNT Burn Plan – Commitment to Long-Term Supply Reduction: Regarding concerns about the $MNT burn plan, the Mantle team expresses strong support, but emphasizes that the final decision will depend on the voting process of the DAO (Decentralized Autonomous Organization) and the community. In the past, when BitDAO transitioned into Mantle, a significant amount of tokens were burned. Currently, the development team is also actively researching and building a long-term supply reduction mechanism to ensure the token’s sustainability.
The deep integration between Mantle and Bybit is not just an important milestone for both parties but also a strong signal for the development of the entire blockchain market. With a focus on RWA and solid infrastructure, we can anticipate a future where real-world assets are digitized, traded transparently, and more easily accessible than ever before.
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— VIETNAMESE ORIGINAL —
