Manta Network Introduces "Restaking Paradigm" to Increase Efficiency and Profits

Bittime –Manta Network,leadingplatformzero-, announces the arrival of the “Restaking Paradigm”. This latest feature aims to optimizeLiquid Retake Tokens (LRT)and increase capital efficiency and user investment returns. Through Restaking Paradigm, users can link their weETH tokens to Manta Pacific.

Manta Retaking Paradigm: Greater Benefits for Users

By connecting tokens to Manta Pacific, users can participate in Paradigm's Restaking program. This program offers additional benefits, where users can use their LRT tokens in the existing Renew Paradigm program. 

The benefits offered in Retaking Paradigm with those in Renew Paradigm, include rewards from eleven different projects in the Manta ecosystem and a Manta prize pool worth 3 million tokens .

Paradigm restaking also includes profits from native ETH staking proceeds, as well as increased rewards for participating LRT projects. Users can earn double loyalty points on Ether.fi by Restaking Paradigm). In addition, users can earn Eigenlayer points when the LRT scheme restakes via Eigenlayer.

Check Today's Crypto Market:

Exciting Opportunities and Rewards for Users

Manta Network allocated a total of 3 million MANTA tokens for the Renew Paradigm program. Users who restake via Retaking Paradigm can utilize their LRT tokens in Renew Paradigm to earn more profits.  

Thus, they have the opportunity to receive additional Manta token rewards. LRT tokens supported by Retaking Paradigm can be used on other Manta Renew Paradigm projects, so users can gain additional benefits from various projects in the Manta ecosystem.

Manta Network explains that Ether.fi offers a protocol for non-custodial staking. This means users are in full control of their assets during the ETH staking and restaking process.

Strong Capital Efficiency and Profit Potential

Manta Network's Retaking Paradigm is designed to increase user capital efficiency. In other words, users can maximize their profit potential from the same token.  

Typically, users must choose between using their tokens for immediate profit or locking them in a DeFi program for a certain period of time. Retaking Paradigm allows users to do both simultaneously.

User Security and Trust Comes First

Apart from capital efficiency, Restaking Paradigm also prioritizes security and user trust. Ether.fi, the initial project integrated with Restaking Paradigm, is a non-custodial protocol. 

This means users do not need to hand over ownership of their tokens to any third party. Users remain in full control of their assets throughout the staking and restaking process.

The Future of Manta's Restaking Paradigm

Manta Network hopes Retaking Paradigm can be a breakthrough in the DeFi space. By offering capital efficiency, increased profits, and high levels of security, Retaking Paradigm has the potential to attract more users to the Manta ecosystem. Additionally, integration with other projects in the future could further strengthen Restaking Paradigm's appeal.

Also read How to Buy Crypto:

What is meant by the Retaking Paradigm?

The restaking paradigm in the crypto world refers to the practice of obtaining returns (yield) from owned crypto assets by holding (staking) and then reallocating (restaking) the returns obtained to increase potential income.

Here are some details to understand about the restaking paradigm in crypto:

1. Staking

Staking is the process of storing crypto assets in a suitable wallet or platform to support crypto network operations.

Through staking, asset holders contribute to the security and reliability of the blockchain network by staking a portion of their crypto assets.

In exchanges, platforms, or blockchain networks that utilize a proof-of-stake (PoS) consensus model , staking is required to validate transactions and maintain network consensus.

2. Yield from Staking

Yields are rewards given to holders of crypto assets in exchange for their participation in the network consensus process or in providing liquidity to the system.

Rewards from staking are usually provided in the form of additional crypto tokens or a portion of transaction fees earned from the network.

3. Restaking

Restaking is the process of earning returns from crypto assets that have been staked and then reallocating those returns to add more crypto assets to the staking process.

Instead of withdrawing returns in the form of tokens or fiat currency, asset holders choose to re-leverage them in staking to earn greater returns in the future.

4. Retaking Benefits

• Increased Passive Income : By restaking, asset holders can expand the amount of assets staked in staking, thereby increasing the returns earned from the network.
• Improved Network Balance : Restaking helps maintain and improve the security and reliability of the blockchain network by increasing the number of assets involved in the consensus process.
• Supporting Network Growth : By restaking, asset holders make an active contribution to the growth and sustainability of the crypto network, which can result in long-term benefits for the entire ecosystem.

5. Retaking Risk

• Volatility Risk : Crypto asset prices can experience significant fluctuations, so the potential for losses from restaking also increases.
• Network Risks : There are risks related to network security, such as 51% attacks, which can affect the value of crypto assets staked in staking.

Restaking Example

Suppose someone has crypto assets in the form of PoS tokens. They allocate these assets for staking and receive returns in the form of additional tokens every certain period. 

Instead of withdrawing those additional tokens, they choose to put them back into the staking process, increasing the total amount of staked assets and potential future returns.

Also Read: Manta Network (MANTA) Predictions According to Crypto Academy

Conclusion

The launch of Retaking Paradigm marks a significant step forward for Manta Network. This new feature allows users to earn more profits from their tokens and increase their capital efficiency. With a focus on security and user trust, Retaking Paradigm has the potential to be a game changer in the DeFi space.

How to Buy Manta Network (MANTA) on Bittime

You can buy and sell Manta Network (MANTA) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

Manta Network (MANTA) is available on Bittime with the market pair MANTA/IDR . To be able to buy MANTA IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn the complete guide on how to buy Manta Network (MANTA) on Bittime . 

Monitor the price chart movements of Manta Network (MANTA) , Bitcoin (BTC), Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read: 

What is Manta Network (MANTA)? Multi-modular Blockchain Ecosystem

Manta Network (MANTA) Staking Instructions: Contribution to a Secure and Sustainable Network

Manta Network (MANTA) vs Celestia (TIA): Two Different Approaches in the Blockchain Ecosystem

Manta Network Launches "Blast Off to Manta" with Various Benefits of $MANTA Token

DISCLAIMER : This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.