On May 26th, during the Mantle developer event, APAC Marketing Lead Finn stated that one of the advantages of the Mantle ecosystem is its strong financial support. The Mantle Treasury holds a reserve fund worth nearly 5 billion US dollars, with main assets including MNT, mETH, ETH, USDC, USDT, and more. As a result, Mantle has sufficient on-chain liquidity, providing liquidity advantages and strong support for the continued development of the Mantle project.

Decentralized credit market Clearpool announced on X platform that the weekly MNT token rewards have been distributed, with a total of 9,352.13 MNT tokens being airdropped to wallet addresses providing liquidity to Clearpool's borrower pool through @0xMantle. During the increased yield promotion, all lenders will receive an additional 15% bonus paid in MNT tokens.

Mantle Network, an Ethereum L2 scaling solution, completed the mainnet v2 Tectonic upgrade based on OP Stack Bedrock and reduced gas fees.

According to official sources, blockchain analytics platform Nansen announced that it has partnered with L2 network Mantle and completed data integration. Users and protocols within the Mantle ecosystem can now access network operation data to improve ecological transparency.

On March 4th, according to the Snapshot page, Mantle EcoFund, an ecological investment fund of Mantle, proposed the second capital call and governance process update proposal (MIP-29), which has been approved by the community vote with a support rate of 100%. According to the proposal, the second capital call will be made for an amount of 30 million US dollars (priced in USDC), which will be allocated from the Mantle Treasury. The proposal also suggests expanding the investment scope of Mantle EcoFund, including selective investment in accelerators, incubators, startup studios, and funds to promote the growth of high-quality and innovative early-stage projects within the Mantle ecosystem. It is reported that the proposal was jointly proposed by Mirana Ventures and the Mantle core contributors team, aiming to review the first investment of 10 million US dollars under the authorization of MIP-24, update the situation of the 100 million US dollar Mantle EcoFund, and propose changes to the existing governance process and expansion of investment authorization scope.

Mantle Network's Goerli testnet for Ethereum Layer2 will be upgraded at 9:00 AM Beijing time on February 28th. The upgrade is expected to take about 4 hours. During this period, RPC services, Goerli testnet browsers, and cross-chain bridges will be temporarily unavailable, and the network will stop generating new blocks during this process.

Mantle Network announced that the total locked position (TVL) of mETH has exceeded 1 billion US dollars. After two months of launch, it has become the fourth largest liquidity staking token (LST) in the market and has now reached a limit of 420,690 ETH.

L2beat data shows that the total value locked (TVL) in the Ethereum L2 network Mantle has surpassed $300 million, reaching a new all-time high of $307 million at the time of writing this article, with a 7-day increase of 4.69%.

Data disclosed on the X platform shows that the staked amount of LSP token mETH on the L2 public chain Mantle has exceeded 300,000, with an APY of 7.26%. The current amount of ETH staked on Mantle LSP is over 311,000.

The Data Nerd has monitored that a whale borrowed 10,247 ETH (worth about 26.53 million US dollars) through the DeFi aggregation platform Instadapp one hour ago and pledged it to Mantle. The address also pledged 3,000 stETH and 2,990 rETH to EigenLayer.