Bybit and Mantle Launch MNT x Bybit 2.0 Roadmap
Bybit and Mantle Network unveil MNT x Bybit 2.0 roadmap, enhancing MNT’s use in trading, payments, and savings.
- Bybit and Mantle Network have launched the MNT x Bybit 2.0 roadmap.
- MNT’s utility is expanding across trading and payments.
- Regulatory integration with MiCA framework for EU institutions.
Bybit and Mantle Network have unveiled the “MNT x Bybit 2.0” roadmap, enhancing MNT’s utility across multiple financial functions, set to launch in 2025.
This shift signifies MNT’s transition from a speculative to a utility asset, potentially influencing market liquidity and adoption trends across Bybit’s ecosystem.
Bybit and Mantle Network have launched the “MNT x Bybit 2.0” roadmap, expanding MNT’s use cases across trading, payments, savings, and staking by 2025. This strategy aims to pivot MNT from a speculative asset to a foundational utility token.
Bybit and Mantle launch ‘MNT × Bybit 2.0’ roadmap to expand MNT’s utility via fee discounts, staking, and institutional-grade compliance.
Key players involved include Bybit, a global cryptocurrency exchange, and Mantle Network, MNT’s protocol issuer. Official statements reveal the roadmap’s focus on broadening MNT’s utility through fee discounts and institutional-grade compliance.
The launch impacts MNT holders with incentives such as 25% spot fee rebates and 36% APR staking yields. This initiative potentially increases liquidity flows and TVL, influencing DeFi protocols and related assets like Ethereum.
MNT’s institutional integration under the MiCA framework allows structured products and capital inflows through Bybit’s EU offerings. The roadmap reinforces Bybit’s position in the European market, enhancing comprehensive token utility.
The roadmap’s financial implications include enhancements in Mantle’s scalability and compliance alignment. These developments influence cross-chain activity and bolster the overall utility of the Mantle Network token for broader economic involvement.
Technological outcomes include Skadi v1.3.1 upgrades, supporting improved ZK-proofs and scalability for potential TVL increases. The roadmap positions MNT for broader market integration, similar to Layer 2 expansions seen in other networks.
More From Crypto News
Irish Drug Dealer-Linked Wallet Moves 500 BTC to Coinbase
Blockchain intelligence firm Arkham reportedly flagged a wallet it links to an Irish drug dealer as the source of a 500 BTC transfer directed to Coinbase, accor...
Kazakhstan Restricts Access to Coinbase, HTX and Four Platforms
Kazakhstan has moved to restrict access to Coinbase, HTX, and four other cryptocurrency trading platforms, adding to a series of regulatory actions the country...
Report: Trump to Address Foreign Crypto Scams at White House Event
The framing around “foreign” crypto scams is significant. Cross-border fraud schemes, often operated from overseas jurisdictions, have become a documented focus...
CFTC: Cash Bitcoin Trades May Face Futures Rules
Under the Commodity Exchange Act, certain retail commodity transactions, including spot Bitcoin trades offered to consumers, can be treated as futures contracts...
Zcash Rises 13% to Nine-Day High as Whale Activity Builds
Zcash surged 13% to a nine-day high on Wednesday, drawing fresh attention from market watchers who flagged notable whale activity coinciding with the move. The...
Lido Proposes Fallback Exits for Certain ETH Loans
Lido has put forward a proposal to introduce fallback exits as a mechanism for settling certain ETH-backed loans using borrower collateral, a move that could un...
