{"id":181080,"date":"2023-10-26T02:21:21","date_gmt":"2023-10-25T20:51:21","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=181080"},"modified":"2023-10-26T02:21:21","modified_gmt":"2023-10-25T20:51:21","slug":"ton-foundation-to-collaborate-with-mantle-network-to-advance-evm-compatible-l2-solutions-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ton-foundation-to-collaborate-with-mantle-network-to-advance-evm-compatible-l2-solutions-crypto-news\/","title":{"rendered":"TON Foundation to Collaborate With Mantle Network to Advance EVM-Compatible L2 Solutions – Crypto News"},"content":{"rendered":"
\n

The Open Network Foundation (TON\u00a0Foundation<\/a>) has formed a partnership with Mantle Network<\/a>, an industry-leading provider of Layer 2 solutions for the Ethereum Virtual Machine (EVM). The partnership will see Mantle Network become\u00a0TON\u00a0Foundation\u2019s\u00a0primary ally in\u00a0TON\u2019s efforts towards expanding\u00a0interoperable EVM-compatible Layer 2 blockchain capabilities.<\/p>\n

What to expect from the partnership<\/h2>\n

Mantle Network and TON Foundation say that working together will help synergise each party\u2019s strengths, resulting in maximum advantage for both parties. The two entities will work closely\u00a0to realise\u00a0TON Foundation\u2019s\u00a0user-centric vision of an interoperable multichain future by expanding EVM-compatible Layer 2 blockchain capabilities on TON Network.<\/p>\n

Token integration is one of the first steps taken by TON and Mantle. STON.fi, a cross-chain decentralised exchange (DEX), now supports trading and liquidity provision using $jMNT, a wrapped version of $MNT, Mantle Network\u2019s native token. The creation of the wrapped token ensures smooth interactions across Mantle and TON ecosystems. Additionally, the introduction of $jMNT enhances\u00a0access to fluid and expansive trading\u00a0opportunities between the\u00a0networks.<\/p>\n

However, there\u2019s more beyond token integration. TON and Mantle Network have also established a framework for fusing interactions between their respective communities. The two entities have agreed to use\u00a0@community_bot, a Telegram-native toolset for communities, as a communication and learning hub for users in both ecosystems. <\/p>\n

Through this initiative, members of the Mantle and Mantle Ecosystem Telegram channels will have a common hub for interaction, while leveraging TON\u2019s expansive Telegram\u00a0community.<\/p>\n

\u201cThis initiative with Mantle Network bridges the gap between our communities, establishing a more interconnected and interoperable Web3 ecosystem for Telegram\u2019s large user base, said Justin Hyun, Director of Growth at TON Foundation.<\/p>\n

TON has built a strong community on Telegram, and has set its eyes on promoting Telegram as \u201can app for everything.\u201d Both TON and Mantle Network\u00a0will gain from increased information sharing and social interaction as they promote\u00a0the Web3 ecosystem built on 800+ million\u00a0monthly users on Telegram.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

The Open Network Foundation (TON\u00a0Foundation) has formed a partnership with Mantle Network, an industry-leading provider of Layer 2 solutions for the Ethereum Virtual Machine (EVM). The partnership will see Mantle Network become\u00a0TON\u00a0Foundation\u2019s\u00a0primary ally in\u00a0TON\u2019s efforts towards expanding\u00a0interoperable EVM-compatible Layer 2 blockchain capabilities. What to expect from the partnership Mantle Network and TON Foundation say that […]<\/p>\n","protected":false},"author":2,"featured_media":181081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-181080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=181080"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181080\/revisions"}],"predecessor-version":[{"id":181082,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181080\/revisions\/181082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/181081"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=181080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=181080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=181080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}