Manta Network (MANTA) Signs Liquidity Provision Agreement with Wintermute

Source
JH Kim

Summary

  • Manta Network (MANTA) announced that it has signed a liquidity provision agreement with the market maker Wintermute.
  • It was stated that 7,500,000 MANTA will be provided to Wintermute under this contract.
  • Manta explained that these MANTA are being provided in the form of a loan with a repayment obligation.

Manta Network (MANTA) announced on the 15th (local time) via its official X (formerly Twitter) that it has signed a liquidity provision agreement with the virtual asset (cryptocurrency) market maker Wintermute.

Under this agreement, 7,500,000 MANTA will be provided to Wintermute, and Manta explained that "the provided MANTA is not a subsidy but is a loan with a repayment obligation."

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JH Kim

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