-Background- Mantle Network is an optimistic Ethereum layer-2 (L2) solution with an EVM-compatible execution environment. Mantle is DAO-governed and employs a modular approach to execution, consensus, settlement, and data availability. Mantle Network Mainnet Alpha was launched on July 17, 2023. Mantle Network has worked with the LayerZero team and endpoints have been deployed. As a next step, we aim to provide users with the ability to bridge assets to and from Mantle Network through Stargate.
-Proposal-
Deploy the following pools and pathways -ETH: Mantle, Ethereum, Arbitrum, Optimism, Base -USDC: Mantle, Ethereum, Avalanche, Arbitrum, Optimism, Polygon, Base -USDT: Mantle, Ethereum, BNB Chain, Avalanche, Arbitrum, Polygon
-User Incentives and Application Support-
To be discussed between the Stargate Foundation and the Mantle Core Contributor Team (authorized by BIP-19) and Mantle Economics Committee (as authorized under MIP-25).
-Pool incentives to be provided by Stargate. STG should be emitted commensurate with SIP #23. -Liquidity pool support from Mantle Treasury up to 10M USDx and 5K ETH (see recent Economics committee proposal: https://forum.mantle.xyz/t/ec-proposal-treasury-assets-in-support-of-applications/7943) -Other MNT support is provided to the Stargate Foundation at a 1 MNT to 2 STG ratio according to STG token emissions. The exact calculation method to be discussed between the Mantle Core Contributor Team and Stargate Foundation, settled and reviewed on a quarterly basis. The rate of emissions can be modified at each quarterly review upon agreement of both parties.