Bella Protocol and Manta Network Forge Alliance to Unveil DeFi's Untapped Potential

Bella Protocol and Manta Network have formed a strategic partnership to unlock the potential of Manta's ecosystem and leverage Bella's expertise in DeFi liquidity protocols. This collaboration will focus on utilizing Manta's efficient Data Availability, developer-friendly architecture, and strong liquidity position to enhance Bella's innovative liquidity solutions. Together, they aim to foster a more accessible, efficient, and secure DeFi landscape.

Bella Protocol and Manta Network Forge a Strategic Alliance to Unlock the Unprecedented Potential of DeFi

Singapore - April 4, 2024 - Bella Protocol and Manta Network have joined forces to establish a strategic partnership that heralds a transformative era in the decentralized finance (DeFi) landscape. This collaboration marks a pivotal step in their shared journey of innovation and growth within the rapidly evolving DeFi ecosystem.

Laying the Foundation for Unparalleled Efficiency and Scalability

Bella Protocol, renowned for its pioneering liquidity solutions and unwavering commitment to user satisfaction, has found an ideal partner in Manta Network. Manta's three years of profound exploration in diverse blockchain technologies, including Data Availability (DA) and zkEVM for scalability, have paved the way for the creation of Manta Pacific. This groundbreaking platform offers exceptional efficiency and scalability, significantly reducing transaction fees.

This advancement holds immense significance for the flourishing DeFi ecosystem, where activities such as Bella Flex Savings and LP Farm are prevalent and recurrent. The optimization of transaction fees directly benefits end-users, bringing mass adoption of DeFi one step closer to reality.

Empowering Developers with a User-Friendly Platform

Manta's programmable zero-knowledge feature and user-friendly ZK library provide Solidity developers - the largest blockchain developer group - with a compelling platform to leverage ZK technology within the familiar Ethereum environment. This developer-friendly architecture significantly enhances the accessibility of ZK technology, attracting a wider pool of developers and fostering a vibrant ecosystem of innovative dApps.

Harnessing Liquidity to Fuel Ecosystem Growth

Liquidity plays a pivotal role in the cryptocurrency market, DeFi, and blockchain ecosystems, influencing trading efficacy and market stability. Manta's consistently high Total Locked Value (TVL) - currently exceeding $229 million and steadily growing - demonstrates the platform's strength in attracting liquidity. This shared objective of high TVL aligns perfectly with Bella Protocol's mission to provide a robust foundation for DeFi liquidity provision.

A Shared Vision for the Future of DeFi

"Bella Protocol's engagement with Manta Network is a cornerstone of our shared vision for revolutionizing the DeFi landscape," said Kenny Li, Co-Founder of p0x Labs and core contributor for Manta Network. "Our partnership transcends mere milestones; it's about harnessing our combined strengths to foster a DeFi ecosystem that is more accessible, efficient, and secure for all."

Felix Xu, CEO and Co-Founder of Bella Protocol, echoed this sentiment: "By embarking on this journey with Manta Network, we're not merely supporting a project; we're investing in the future of DeFi. Manta's innovative solutions complement our unwavering commitment to pushing the boundaries of liquidity provision. Together, we're charting a course for a decentralized landscape that not only meets but exceeds the expectations of the rapidly evolving crypto community."

A Collaborative Ecosystem for Innovation

Looking ahead, Bella Protocol will actively seek partnerships with innovative projects in liquidity farming. This strategic initiative aims to expand yield opportunities for the community, catalyze the development of infrastructure layers and DeFi applications, and pave the way for a more comprehensive, efficient, and equitable DeFi landscape across diverse ecosystems.

"Our partnership with Manta Network is a testament to our shared belief that collaboration is essential for driving innovation and growth in the DeFi space," said Felix Xu. "We are excited to work together to create a more vibrant and accessible DeFi ecosystem for everyone."

About Bella Protocol

Bella Protocol is a DeFi project that provides a suite of streamlined tools, including Bella LP Farm - a yield protocol live on zkSync, Mantle Network, and Manta Network - Bella Flex Savings - an Ethereum-based smart yield aggregator - and Tuner - a Uniswap V3 simulator.

About Manta Network

Manta Network is committed to building a better Web3 world through privacy protection. Its product design is rooted in first principles and provides end-to-end privacy protection for blockchain users through leading cryptography architectures such as zkSNARK. While ensuring privacy, Manta offers interoperability, convenience, high performance, and auditability, allowing users to conduct private transfers and transactions between any parallel chain of assets. Manta's vision is to provide more convenient privacy protection services for the entire blockchain world.

Media Contact

Bella Protocol
contact@bella.fi