Mangata blog

  • Introducing Mangata X - Join the Waiting List!

    Introducing Mangata X - Join the Waiting List!

    In this post, we will be introducing our Kusama Parachain called Mangata X, talk about tokenomics, the crowdloan, the roadmap, our priorities and how you can become part of this community-owned and community-driven Parachain. If you want to join the waiting list right away, subscribe at x.mangata.finance.

  • NFT Artists: Join the Mangata Solarpunk Exploration Challenge

    NFT Artists: Join the Mangata Solarpunk Exploration Challenge

    We are doing a crowdsourced study that explores Solarpunk in the context of Dotsama. We invite all artists to join and create a piece that contributes the the universe. The best pieces will be selected for a shared collection and any proceeds will be forwarded to the artists.

  • Earn a Living - Run a Mangata Node

    Earn a Living - Run a Mangata Node

    This is a post about how centralizing network effects are marginalizing individual node operators and how this puts the decentralization of the whole blockchain ecosystem at risk. We summarize our thoughts, research and results from community calls. And we will show first building blocks to solve the issues and the path we want to take to fix this.

    At the end of the post, we will invite you to become part of the solution and earn a living by running a node for the Mangata blockchain.

  • Building the most capital efficient DEX-chain with Proof-of-Liquidity

    Building the most capital efficient DEX-chain with Proof-of-Liquidity

    Proof-of-Liquidity is a novel consensus mechanism that builds on Proof-of-Stake but eliminates the problem of locked capital, which is detrimental to DeFi. This article explains why we at Mangata think capital efficiency will define the Endgame for DEXes, how app-specific chains can fix the problems that DeFi has on Ethereum and how we arrived at the new paradigm of Proof-of-Liquidity.

  • Our new Mangata Explainer Video is here!

    Our new Mangata Explainer Video is here!

    We had a great first Mangata Monday community call with almost 70 people attending from all over the globe. Our founder Peter gave a complete rundown on what Mangata is, where we are and what’s up next. In case you missed it, Peter recorded this 10-minute introduction for you. Also featured in the article: Fill out our form to becoma a Mangata pioneer; and watch Gleb explain Themis in 4 minutes.

  • Introducing Themis protocol v1. A solution to MEV for application-specific blockchains

    Introducing Themis protocol v1. A solution to MEV for application-specific blockchains

    Miner Extractable Value (MEV) is a fundamental and hard problem of blockchains. MEV is shifting power from users to miners and we consider it the most pressing problem in crypto. This article presents a L1 solution to MEV that is optimized for DEX-specific blockchains.

  • Calling all Mangata Pioneers: Get ready for Phase 2!

    Calling all Mangata Pioneers: Get ready for Phase 2!

    Mangata solved fundamental DeFi problems in Phase 1 and will now build the early adopter community to launch its next generation DEX chain. We invite you to become a Mangata Pioneer and join our community call on 18th October! Phase 2 will be driven by community events, explaining our tech, gathering validators, performing experiments, creating NFT art and more...

  • The first front-running attack on Karura just happened

    The first front-running attack on Karura just happened

    On 25th August, 2021, the first known front-running attack on the Karura network happened. Front-running is a form of value extraction and we consider it theft. It is now coming to the Kusama ecosystem and will cost retail users millions of dollars in value. This article explains the details of the attack, how we were able to reproduce it and what the Mangata project plans to do to eliminate value extraction.

  • Miner Extractable Value: The Biggest Thorn in DeFi

    Miner Extractable Value: The Biggest Thorn in DeFi

    In traditional finance, you may have heard the term “front-running,” an illegal practice that involves entering an equity trade with advance knowledge of a pending transaction that would effectively move the price of the underlying asset. It falls under the umbrella of insider trading, meaning people go to jail over this kind of behavior.

  • Anatomy of an attack on Uniswap traders from 13.11.2020

    Anatomy of an attack on Uniswap traders from 13.11.2020

    While conducting on-chain research last night, our team was experimenting with several strategies involving front-running Ethereum transactions. During this process, a unique attack vector came across our radar. While running a test bot that was benchmarking across a few Uniswap pools, our bot mistakenly bought into a pool created just moments ago.