Manta Network announces termination of Manta staking program

CoinFeed reported on May 6th that Manta Network has announced the termination of its Manta staking program. The reason given is that inflationary staking rewards (yields generated through the issuance of new tokens) would dilute all MANTA holders over time. Staking rewards will officially cease in two weeks. Operators can exit immediately, and delegators can unstake their funds at any time via the dashboard. Funds are safe and under user control. Simultaneously, Manta Network will operate the Manta Pacific Layer 2 infrastructure completely independently, no longer relying on third-party operators. The previously announced decommissioning plan for Manta Atlantic is progressing.