Bybit, one of the world's largest cryptocurrency exchanges, has announced a new roadmap, deepening its partnership with Mantle (MNT), an Ethereum-based Layer-2 solution. This roadmap aims to offer MNT holders a wide range of privileges, from ease of transaction costs to VIP benefits and staking opportunities.
According to Bybit's announcement, MNT holders will receive a 25% commission discount on spot transactions and a 10% discount on futures transactions. This rate offers a highly competitive cost advantage compared to the market's leading exchange tokens. For example, the approximately 20% advantageous rate compared to BNB holders is noteworthy.
VIP privileges and new use cases with MNT
Bybit doesn't limit its MNT ecosystem to transaction discounts. The roadmap includes features such as allowing MNT holders to purchase large amounts of tokens with lower slippage, make payments on the platform, and explore expanding use cases. Additionally, users who hold MNT will be able to reach VIP levels faster, with an asset multiplier between 1.3X and 1.5X. This opens the door to benefits such as lower transaction fees, special campaigns, and personalized services.
The roadmap, summarized under the headings "Buy, Use, Hold, Earn," also includes additional income opportunities such as staking, savings products, structured financial instruments, Launchpool, and Megadrop. This gives users access to new channels to grow their portfolios.
In addition, Bybit offers limited-time campaigns and special offers, allowing MNT holders to earn extra rewards and exclusive privileges. A detailed table details the discounts on transaction fees offered by different VIP levels. Maker and taker fees for spot transactions are reduced from 0.075% to 0.0225%, while for derivatives, they are reduced from 0.0495% to 0.027%. It is emphasized that for VIP 99 users, the highest level, the maker fee for some transaction types is reduced to zero.
In short, the company's vision is based on providing users with a smarter and more rewarding experience in the "MNT 2.0" era, offering both financial advantages and a broader range of use cases.
Mantle the project behind MNT, stands out as a Layer-2 solution developed on Ethereum. Mantle's technological infrastructure elevates it beyond a typical Layer-2 solution. The project adopts a modular architecture approach, separating transaction processing, consensus, and data availability layers. Offering low gas fees, fast transaction processing, and a secure infrastructure thanks to its modular structure, Mantle is increasingly being adopted in areas such as DeFi, GameFi, and real asset tokenization (RWA).
The ecosystem, using the mETH protocol, allows users to stake ETH to earn yield-generating mETH tokens, while the Mantle EcoFund supports the network's growth by investing in high-potential projects. Additionally, it offers a restaking solution called cmETH. mETH holders can earn additional returns by using the tokens transferred to cmETH in different protocols (e.g., restaking systems such as EigenLayer, Symbiotic, Karak).
