Manta Network announces the termination of the Manta staking program

According to official news, Manta Network announced that it will terminate the Manta staking program, as the inflationary nature of staking rewards (generated from the issuance of new tokens) will dilute all MANTA holders over time. Staking rewards will officially stop in two weeks, operators can exit immediately, and delegators can un-stake at any time through the dashboard, with funds being secure and controlled by the 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 deprecation plan for Manta Atlantic is progressing.