MANTRA Chain Partners with Nansen to Revolutionize Cross-Chain Trust!

Updated
May 16, 2025
Gambar MANTRA Chain Partners with Nansen to Revolutionize Cross-Chain Trust!

Jakarta, Pintu News – The recent announcement of MANTRA Chain partnering with blockchain analytics firm Nansen as a new validator has caught the attention of the industry.

This move is not just an increase in the number of nodes, but a larger and deeper strategy to increase transparency and understanding of token flows, validator performance, and user activity in the MANTRA ecosystem.

MANTRA Chain and New Strategy with Nansen

MANTRA Chain, the Layer-1 network known for its Real World Asset (RWA) tokenization, has further strengthened its position in the industry with a VASP license from Dubai’s VARA regulator.

Read also: Coinbase Drops a DeFi Bombshell—Wrapped XRP, ADA, DOGE & LTC Go Live on Base!

Nansen’s presence is expected to not only enhance network security but also bring greater transparency to the dynamics of the MANTRA ecosystem. The analytics firm, widely recognized for its accurate on-chain dashboards and whale wallet data, will now contribute to maintaining blockchain consensus on MANTRA.

With Nansen on board, MANTRA Chain plans to release a dedicated analytics dashboard that will provide deeper insights into token flows and user activity. This is a strategic move that shows how serious MANTRA is in building a strong foundation amidst the fierce crypto market competition.

Reduction of Internal Validators and Token Burning by CEO

On April 30, 2025, CEO John Patrick Mullin announced plans to reduce the number of internal validators by half. Instead, 50 external validators will be added by the end of the second quarter of this year.

The move aims to reduce internal dominance and distribute network control more widely. Mullin even committed to burning 150 million of his own OM tokens, an act that shows seriousness in strengthening investor confidence.

Furthermore, Mullin also plans to burn 300 million OM tokens originally earmarked for the team, in an effort to restore investor confidence.

The use of Ecosystem Funds for token buybacks and burns is also part of the strategy to improve questionable tokenomics.

Read also: Charles Hoskinson Reveals Cardano’s Glacier Midnight Airdrop Details, ADA Price Could Hit $2?

MANTRA’s Innovation in Cross-Chain Transactions

To support cross-chain adoption, MANTRA recently launched two new features: One-Way Bridge and Mirror Bucket.

The former allows for the non-reversible transfer of assets between chains, while the latter reflects assets in real-time across multiple chains. With this, cross-chain traders can now rest easier without having to worry about the risk of slippage or data duplication.

These two features are expected to facilitate cross-chain transactions and increase efficiency in the exchange of digital assets. This demonstrates MANTRA’s commitment to delivering innovative solutions that meet the needs of a dynamic and evolving market.

Overall, the partnership between MANTRA Chain and Nansen and the latest innovations in cross-chain transactions mark a new era in blockchain management and operations.

With these strategic steps, MANTRA not only strengthens its position in the market but also sets new standards in transparency and security in the blockchain ecosystem.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Get a web trading experience with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!


*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

Share

Latest News

See All News ->