Ang $3 bilyong layer-2 treasury na ito ay 6x na mas mayaman kaysa sa Ethereum Foundation
Ethereum Ang $3 bilyong layer-2 treasury na ito ay 6x na mas mayaman kaysa sa Ethereum Foundation 19 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Many Web3 projects have seen their treasuries being slowly drained in this extended bear market. With investors‘ interests cooling off, net capital vanishing from holders’ hands, and private funding reaching its lowest levels since early 2020. However, the Mantle Protocol was able to accrue over $3 billion in its treasury, being the richest among all others, including the Ethereum Foundation, with $512 million — according to data retrieved by Finbold on September 28, from . Protocol Treasuries: Mantle Treasury and Ethereum Foundation. Source: Notably, while the Ethereum Foundation is mostly holding Ethereum (ETH), Mantle has a more diversified Treasury, from which DefiLlama classifies as: Majors (BTC, ETH): $440.83 million Own Tokens (BIT): $1.19 billion Others (MNT, USDC, USDT, etc.): $1.15 billion Total excluded own tokens: $1.83 billion Total treasury: $3.02 billion Mantle Treasury (BIT) chart. Source: What is the Mantle Protocol? Despite being associated with the BitDAO (BIT) token by , the Mantle Network has Mantle (MNT) as its native token used for governance, on-chain fees, and staking rewards. Nevertheless, the association occurs due to the network being incubated by the BitDAO community. Interestingly, the Mantle Network is described