What does mana mean (introduction to mana coins)?
What does mana mean? According to official news, what does mani mean? It is the
What does mana mean? According to official news, what does mani mean? It is the same as Bitcoin. It is issued on the Ethereum platform, but its total supply is fixed at 21 million (currently circulating supply is about 100 million), and it can be traded without any transaction fees, so it is also called mana.
Due to the immutable and traceable characteristics of blockchain, people can achieve asset transfers and value storage by using smart contracts. And through smart contracts, the security of funds can be guaranteed, preventing theft or loss. For holders, they can freely control their identity and the information they own.
Introduction to mana coins
MANA (Mana) is a token based on Cosmos, used in decentralized protocols for smart contracts, DeFi, and other applications. According to official information, it is essentially a composable cryptocurrency system, controlled by the community and operated through DAO. Its goal is to become a decentralized financial platform with intrinsic value, while supporting various use cases and functions, such as cross-chain exchanges.
Currently, there are already many applications similar to mana running on the market, such as NFT trading markets. For example, the Metamask wallet can connect their user base to these services and exchange them between their chosen wallets; and ConsenSys is building an Ethereum-compatible DEX.
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