BitDAO, the world's largest DAO by treasury size, has partnered with Mantle, a high-performance modular L2 blockchain built on Ethereum, to create a DAO-led web3 ecosystem called the Mantle Ecosystem.
The merger combines BitDAO's existing ecosystem, products, governance, and BIT tokenomics under a single brand, Mantle.xyz. The Mantle Ecosystem aims to simplify branding and structural components to pursue long-term success, with the Mantle Network as its initial product offering.
The launch of Mantle's mainnet is scheduled for early Q3 2023, with Testnet Phase Two anticipated by May-end.
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