The top five Wallets on Mantle

The Mantle Network is a Layer 2 project built on top of the Ethereum blockchain aimed at solving Ethereum's scalability issues. By securely recording transactions off-chain until they are processed and aggregated, the Mantle Network enables Ethereum to process more transactions. These transactions are then settled on-chain, allowing people to transact faster and at much lower costs than directly on the Ethereum blockchain.

This enhanced capability makes the Mantle network attractive to people who want to build applications and conduct transactions on the ETH network. These applications cover gaming communities, incubators, decentralized finance platforms, and wallets.

The Mantle network has a native TokenMNT, as a governance and utility Token. As a governance Token, each MNT has the same weight and decision-making power. As a utility Token, it can be used as Collateral and pay fees when trading on Mantle.

The best five Wallets on Mantle

Users usually need a secure Wallet or other means to hold, store, and manage assets for efficient trading on Mantle. Generally, Wallets can be divided into Decentralization Wallet, Centralized Wallet, or Hardware Wallet. Here are some of the best Wallets for trading on the Mantle network.

Mantle Safe

Source: Mantle Blog

Mantle Safe multi-signature Wallet is a self-custody Wallet of Decentralization, developed by the Protofire Alliance team. It uses the Safe custody protocol, which requires multiple authorized signatures before a transaction is approved. This adds an extra layer of security by reducing the risk of a single user controlling all funds.

The multi-signature structure still protects funds even if the Wallet key is leaked. This enables individuals to enjoy the advantages typically limited to institutional Wallets. It also allows projects and institutions to establish joint ventures where relevant participants must sign transactions.

Features of Mantle Safe Wallet:

  • Multi-signature: Mantle Safe Wallet enhances its security capabilities by using multiple approved signatures to ensure trust and collaborative ability before conducting transactions. The multi-signature structure allows for collective asset management.
  • Self-custody: Mantle Safe Wallet is a Decentralization Wallet that allows users to manage their assets. Unlike typical self-custody wallets that rely solely on mnemonic phrases, this wallet uses multi-signature functionality to facilitate self-custody.
  • Decentralized Finance: Mantle Safe Wallet allows users to interact with over 130 applications in the Mantle ecosystem, covering various fields such as Decentralized Finance platforms, Non-fungible Tokens, and GameFi projects.

YouHodler Wallet

Source: YouHodler Blog

YouHodler is a fintech platform aimed at narrowing the gap between TradFi and encryption. The platform is regulated in the EU, Switzerland, and Argentina.

It integrates a Web3 wallet that allows users to manage their encryption assets in a decentralized environment. The wallet enables users to participate in activities such as yield farming, lending, governance, etc.

The wallet aims to provide advanced security, functionality, complete self-custody, and a simplified interface. It allows users to securely hold assets without the risk of attacks or leaks, which is the meaning of 'Holder' in YouHodler.

Features of YouHodler Wallet

  • Simplified Design: YouHodler's Web3Wallet has a simplified interface that enables users to easily manage their assets. The project wants users to be able to stake, earn, and trade Cryptocurrency with a simple design, while offering very advanced features. In addition, it eliminates the need to switch between multiple apps, providing all the features you need through the Wallet dashboard.
  • Advanced Security: encryptionWallet is designed to manage and protect user assets 24/7, regardless of the transaction volume. The Wallet is designed to provide enterprise-level security through encryption, protecting users from Hacker attacks and Wallet leaks.
  • Self-custody: YouHodler Wallet emphasizes privacy. The Private Key of encryption can only be accessed on the user's device. Transactions are also protected when users spend and trade encryption assets. Self-custody means that if users leave the Wallet, their assets will remain unchanged. If users do not invest in these assets, they will stay in the Wallet and remain idle.

Wigwam

Source: Wigwam Official Website

WigwamWallet is an EVM-compatible Wallet integrated with the Mantle network. It allows users to participate in Mantle's testnet and Mainnet activities, as well as exchanging, purchasing, and trading Mantle native Tokens.

The Wallet can be used to connect Decentralization applications. Users can engage in general Decentralized Finance (DeFi) activities, governance, gaming, and purchase Non-fungible Tokens. First-time users can purchase Mantle native Tokens using a credit card through Wigwam Wallet.

Like other Wallets, WigwamWallet focuses on simplicity and security. Its Smart Contracts have been audited and designed to be non-custodial, ensuring users have full control over their assets. The Wallet also features real-time portfolio tracking to help users better manage their assets.

Features of Wigwam Wallet

  • Simplified interface: WigwamWallet is designed to be simple and easy to use, suitable for Newbie and experienced users. It includes a simplified dashboard, simple Token exchange and trading functions to enhance the MantleWallet experience. At the same time, it also provides users with convenient access to Decentralized Finance, GameFi, Non-fungible Token, and Play-to-Earn platforms and markets.
  • Real-time tracking: Part of effectively managing assets is obtaining timely information on market conditions to make the right decisions. The real-time tracking feature of WigwamWallet enables users to stay informed about their assets through real-time prices and updates. This helps users monitor the performance and value of their investment portfolios.
  • Self-custody: WigwamWallet allows users to have full control over their Wallet, assets, and integration with other applications. This level of control adds an extra layer of security, enabling users to take all necessary personal measures to protect their Wallet. It also means that any vulnerabilities in the Wigwam infrastructure will not affect users and their assets.

Metamask

Source: [MetaMask official website] (https://metamask.io/)

Metamask Wallet, launched in 2016, has become one of the most popular EVM-compatible wallets in the encryption field. As Mantle is built on the Ethereum infrastructure, it is compatible with Metamask Wallet.

Metamask wallet is designed to serve as an entry point into the encryption field, with a built-in browser to help users explore projects and provide payment aggregation functions, enabling users to directly purchase assets from Fiat Currencyaccount. This allows people to participate in Decentralized Finance (DeFi) activities, Airdrops, and earn and receive farming rewards.

With this Wallet, users have full control over their assets. It adopts a self-custody protocol and security mechanism, providing privacy and control over user assets and activities. The Wallet can be used as a mobile application for mobile users or as a browser extension for PC users.

Characteristics of Metamask Wallet

  • Security: The MetamaskWallet integrates secure protocols to help users protect their assets. These protocols include Token approval, secret recovery phrases, scam alerts, phishing alerts, password, and integration with hardware Wallets. The Wallet also provides advice to avoid Hacker and malicious developer scam attempts.
  • Self-custody: The main focus of Metamask design is to give users full control over their assets. Therefore, each Wallet is completely independent. It is worth noting that error handling and the secret phrase associated with Metamask Wallet may result in permanent loss of control over the Wallet.
  • Metamask SDK: The Metamask Software Development Kit (SDK) is a series of tools and applications that help developers build using the Metamask Wallet. It also allows networks to integrate Metamask into their ecosystems.

To use the Mantle network with Metamask, users must manually add the network name, RPC URL, chain ID, and currency symbol.

Safle Wallet

Source: Safle official website

SafleWallet is a Decentralization Wallet that provides a range of tools for users and developers. These tools include SafleID, Safle Vault, Safle Keyless, Safle Node, Safle Swap, and SaflePay, allowing users and developers to build on-chain identities while farming and earning with Decentralized Finance projects.

SafleWallet is compatible with ten blockchains, including Mantle, allowing users to trade with ERC-20 assets. It is a self-custody wallet equipped with six layers of encryption and incorporates a social recovery mechanism.

Features of Safle Wallet

  • Security: SafleWallet protects each user's Wallet through a combination of layered encryption, social recovery, and multi-signature infrastructure, enabling users to use Wallet in various scenarios, from personal to institutional.
  • Self-Sovereign Identity (SSI): Self-sovereign identity or SSI protocol allows users to create and manage their on-chain digital identity and footprint. This is particularly useful for freelancers, Airdrop hunters, and GameFi users.
  • Decentralization Finance (Decentralized Finance): SafleWallet is a Decentralization Wallet, so it provides the basic functions of any Decentralized Finance Wallet. These functions include buying, selling, yield farming, and stake, etc.

Conclusion

Mantle Network aims to improve transactions on Ethereum using optimistic rollup technology. Users need a secure wallet to carry out these transactions.

Mantle Safe Wallet is built by the Mantle network to protect users' assets. YouHodler and Wigwam wallets are integrated into the fintech platform. Other wallets are designed to help integrate tools into the Mantle network.

MNT4.5%
ETH0.75%
SAFE-0.9%
DEFI0.41%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)