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Manta Network announces the termination of the Manta staking program.

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PANews
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56 minutes ago
AI summarizes in 5 seconds.

PANews May 6 news, according to official news, Manta Network announced that it will terminate the Manta staking program, the reason being that inflationary staking rewards (generated by the issuance of new tokens) will dilute all MANTA holders over time. Staking rewards will officially cease in two weeks, operators can exit immediately, and delegators can un-stake at any time through the dashboard, ensuring funds are safe and controlled by users themselves. At the same time, Manta Network will operate the Layer 2 infrastructure of Manta Pacific completely independently, no longer relying on third-party operators. The previously announced Manta Atlantic abandonment plan is progressing.

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