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