Since 2020, Mangata has been at the forefront of App-chain innovation, twisting gigabrains with our solution against front-running and MEV, our capital-efficient consensus extension Proof-of-Liquidity, algorithmic buy & burn, and the all-around beloved gasless swaps. All of them are already live!
Our mission is to create an interchain DEX where you can trade all tokens from all chains, with predictable fees, in the fairest and most capital-efficient trading environment you can imagine. A DEX where the whole crypto world can connect.
Ready for the big Launch
Today, we are incredibly proud to announce that we have successfully completed Phase 1. Mangata is now feature-complete, and production-ready, with an engaged community of traders, liquidity providers, arbitrageurs, and node operators. We want to thank all of you for being a part of Mangata. We have built the foundation and are changing gears for Phase 2.
Mangata is now ready to launch its mainnet on Polkadot!
We are super excited about the upcoming launch and will release more details (including the new Front-end) soon.
And the real journey is just about to begin…
With this launch, most DEXes would have arrived at the destination of their journey. The place where they will stay forever. But for Mangata, it is just the preparation for Phase 3.
Phase 3 is about interchain. For Phase 3, we’re building a Layer 2 zk Rollup on Ethereum, an ambitious step that will allow Mangata to connect to any EVM-based blockchain and allow the swapping of native tokens. Mangata will be hypercharged to become the L2 to sit on all L1s. Imagine performing cross-chain swaps without bridging risk. Without gas or hidden costs from MEV. Cheaper and more reliable than the L1 itself.
Oh no, it’s evolving!
We have seen that being an early part of Mangata’s journey is a fantastic way to learn DeFi, get more knowledgeable about crypto, contribute, and grow. As we transition into this next stage, we look forward to making our introduction to the Ethereum community.
To make a big splash in Ethereum, we’re launching a viral campaign. Mangata will open a waitlist and roll out a series of community quests. These quests are your ticket to participate in the $50,000 MGA airdrop, our way of rewarding your dedication and support.
This is the dawn of MGA, the native token of Mangata, marking an important step in this journey.
We extend an open invitation to every member of the Mangata community to join us as we embark on Phases 2 & 3. It’s an opportunity to be a part of something groundbreaking and shape the future of DeFi.
Together, we can fix DeFi!
Follow Mangata Finance to get updated on all our latest developments:
- Follow us on Twitter @MangataFinance
- Join Telegram
- Subscribe to our YouTube channel
- Join the Mangata X Newsletter at x.mangata.finance
- Join the Discord channel
Mangata is on a mission to become the #1 interchain DEX, offering traders and liquidity providers the best platform to access native tokens and earn rewards.
We believe that everyone should have the opportunity to participate in the decentralized economy and benefit from the power of blockchain technology. That’s why we are creating a user-friendly platform that makes it easy for users to trade, provide liquidity, and earn from multiple passive income streams through double staking rewards, even if they are new to crypto.
Mangata will offer access to the widest array of tokens from all chains, better prices for traders by mitigating MEV, and the ability to trade without gas.
At Mangata, we’re dedicated to building a fair and transparent platform that puts the needs of users first, offering the lowest fees for traders and the highest rewards for stakers. We’re committed to continuously improving our platform and offering new features that provide even more value to our users.
Join us on our mission to become the #1 interchain DEX and unlock the full potential of the decentralized economy.
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