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Bella Protocol has partnered with Manta Network, a modular layer-two building a secure and interoperable future for ZK (zero knowledge) applications.

With this strategic partnership, the idea is to unlock the vast potential of the fast-growing Manta ecosystem and leverage Bella’s successful track record in catalyzing growth and innovation in DeFi.

Kenny Li, co-founder of P0x Labs and core contributor for Manta Network, said,

“Bella Protocol’s engagement with Manta Network is a cornerstone of our shared path toward innovating within the DeFi landscape.”

Li noted that this collaboration is about making use of their “combined strengths to foster” a more accessible, efficient and secure DeFi ecosystem for all.

Backed by renowned investors like Binance Labs and Arrington XRP Capital, Bella Protocol is a platform that offers a suite of streamlined tools for users to maximize crypto yields across multiple chains.

This suite includes the flagship yield product Bella LP Farm, which has integrated ZkSync Era, Mantle Network and Manta Network, enabling users to effortlessly boost their potential earnings through multiple token rewards.

Additionally, the Ethereum-based Bella Flex Savings version two offers a gas-efficient, smart liquidity pool that auto-compounds returns.

Moreover, there’s Tuner, a Uniswap version three simulator designed to fine-tune quantitative strategies.

In this endeavor to provide greater user satisfaction, Manta is acting as Bella’s key partner, distinguished by its developer-friendly architecture, robust liquidity potential, high scalability and low transaction fees.

Impressively, Manta ranks among the top 25 for TVL (total value locked), according to DefiLlama, boasting over $229 million in TVL. With such feats, it exceeds several prominent layer-ones and layer-twos.

All these attributes of Manta Network will help the end users of the protocol and the platform gain mass adoption.

Moreover, with this ecosystem collaboration, Felix Xu, CEO and co-founder of Bella Protocol, said they are “not just supporting a project but investing in the future of DeFi.”

At the forefront of the DeFi Innovation

Together, Manta and Bella aim to push the “boundaries of liquidity provision” and “chart a course for a decentralized landscape [that] exceeds the expectations of the rapidly evolving crypto community.”

The collaboration with Manta Network comes on the heels of launching Bella LP Farm on Manta Pacific earlier this year, alongside the recent deployment of a BellaStaking node.

However, these developments are just part of the story.

In the last month alone, Bella joined hands with several other innovative projects to broaden yield prospects for its community, catalyze the development of DeFi applications and ultimately pave the way for an equitable DeFi landscape across various ecosystems.

Just last week, Bella partnered with AlphaNet, an AI platform for crypto trading.

With AI mania taking over the world and transforming industries, Bella will be utilizing the Phoenix-powered AlphaNet, which gives retail traders access to massive market data that – up until now – has been reserved only for the likes of institutional and professional traders.

This collaboration will allow Bella to expand its liquidity provision and enhance its product suite to deliver an intuitive DeFi experience.

In addition to delving deeper into AI-driven applications through AlphaNet, Bella is bringing data protection to its users by partnering with the leading ZK provable data privacy solution NuLink.

Then, to further stay on the top of its game and at the forefront of DeFi innovation, Bella secured an alliance with ZkLink Nova, the pioneering aggregated layer-three rollup ZkEVM network that brings asset aggregation to the Ethereum ecosystem.

Powered by ZK Stack from ZkSync and Nexus from ZkLink, ZkLink Nova solves the issue of liquidity fragmentation by unifying liquidity and assets onto one interoperable platform integrated with leading layer-twos like Arbitrum, Manta, Mantle, Linea and ZkSync.

So, with all these partnerships with diverse and dynamic platforms, Bella Protocol is gradually solidifying its position in the innovative, rapidly changing and yield-centric DeFi world.

 

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• Source: https://dailyhodl.com/2024/04/10/bella-protocols-strategic-alliance-with-manta-network-to-redefine-liquidity-and-pioneer-the-defi-revolutionization/