#MANTA MAIP-1: Manta Network’s Governance Model

Introduction

Manta Network introduces a novel and groundbreaking governance model solution that balances democracy with efficiency through a five-tier system of checks and balances. Manta Network takes a hypergrowth approach to development, which has transformed Manta Pacific into the fastest-growing Ethereum L2. The modular approach to its architectural design allows it to take full advantage of new and emerging technologies to continuously deliver value to users now and in the future as needs continue to evolve. In an effort to preserve this successful development process while also decentralizing, Manta Network’s governance model promises innovation while balancing a fair, democratic methodology for contributing, auditing, and growing together as an ecosystem.

The Manta governance system will be rolled out in two phases. Phase 1 is introduced immediately and will be available at $MANTA TGE to enable democratic decision-making. Phase 2, which is under development, will enable a new structure of checks and balances to focus on innovative and fair democratic decision-making to drive the future growth and success of the network.