TL;DR

Mango Network is at the forefront of the DeFi sector’s innovation, characterized by stellar performance, distinctive modularity, and a revolutionary all-chain liquidity pool concept.

Embracing the All-Chain Era – Mango Network’s Transactional Infrastructure

The year 2024 marks a significant shift in the blockchain realm, with all-chain narratives taking center stage. As the pioneering Layer1 public blockchain crafted as a transactional all-chain infrastructure, Mango Network champions this transformative wave with its exceptional performance, modular framework, and the introduction of an all-chain liquidity concept.

• Anticipated Launch: The Mango Public Blockchain will support flawless transitions of tokens, NFTs, and various data types across heterogeneous L1/L2 blockchains, enhancing connectivity.
• Through Mango, fragmented crypto assets and liquidity pools on various blockchains can now be streamlined across the entire chain, optimizing resource flow.
• The development of Mango’s all-chain applications creates expansive liquidity pools, unlocking new prospects for innovation in Web3 and DeFi sectors in particular.

In 2023, the blockchain world saw significant shifts, from the excitement of second-layer solutions and new mainnets to the challenges of cross-chain interoperability and meme-token phenomena. This transformation highlighted the escalating need for seamless all-chain interactions as the blockchain landscape grew both in user base and complexity.

Mango Network emerged as a frontrunner by positioning itself as the first Layer1 blockchain designed specifically for transactional all-chain infrastructure. This strategic move addresses key industry challenges by offering a unified liquidity framework that ensures secure, diverse, and user-friendly trading experiences across various blockchain platforms.

Inherent Safety with Move Language

Originating from Facebook’s ambitious Libra project, the Move programming language was developed to rectify the limitations of earlier blockchain programming frameworks like Solidity and EVM. It is tailored for digital assets, providing a robust, secure environment for developing smart contracts and blockchain applications.

Mango Move, characterized by its static typing and multi-threading capabilities, minimizes concurrency issues, thus bolstering the security of applications against potential breaches. Move’s unique approach to asset management—treating tokens as distinct ‘Resource’ types—ensures that transactions are not only safe but also uniquely verifiable, enhancing the integrity of DeFi applications on the network.

Modular High Performance, Breaking the Impossible Triangle

The Mango modular blockchain, built using the Mango Move language, breaks down blockchain functions into different layers of network architecture, achieving high security, high performance, and low cost, and breaking the decentralized network’s “impossible triangle.”

Mango’s modular blockchain architecture deconstructs traditional blockchain roles—such as consensus, settlement, data availability, and execution—into separate layers. This separation allows for targeted optimization and scalability, enabling the network to meet diverse application demands without compromising on performance. Mango Network’s architecture supports exceptionally high transaction throughputs of over 100,000 TPS and rapid settlements, making it a highly competitive platform that addresses many of the scalability and cost issues associated with first-generation blockchains.

By integrating advanced features like horizontal scalability, composability, and enhanced on-chain storage, Mango Network not only meets but exceeds current market expectations for performance and cost-efficiency, setting a new standard for blockchain infrastructure.

Innovating Application Paradigms for All-Chain Accessibility

Mango stands out as a Layer1 blockchain designed for comprehensive all-chain applications, enabling it as a robust platform for both execution and settlement layers. This capability allows developers to create applications with all-chain interoperability in mind, dramatically simplifying how users interact with these applications across any Layer 1 or Layer 2 public chains.

Mango’s all-chain applications are structured around core main chain contracts complemented by modular contracts. These applications primarily operate from the Mango main chain, serving as the central hub or “control center” for the broader network. This structure facilitates seamless user interactions across different blockchains through remote access modules that process user inputs and deliver results efficiently.

An example of this in action is when a DEX developer deploys an application on the Mango main chain. Users can access and manage the application either directly from the Mango chain or through any other blockchain using remote access modules—making the experience as seamless as using a local app. This convenience extends to transaction costs, where users require only one type of token for gas fees, irrespective of the blockchain hosting the dApp, enabling straightforward cross-chain operations.

One of Mango’s significant strengths lies in its streamlined approach to cross-chain integration. By centralizing the core application logic on the Mango main chain, it ensures a consistent and unified state across different deployments. New contracts on additional chains can seamlessly sync with the entire network’s state and liquidity records from the Mango main chain. This integration simplicity extends to other applications that wish to incorporate Mango-based applications; they only need to connect via the all-chain main chain to access all functionalities and liquidity pools.

Unlike other cross-chain solutions such as LayerZero, Mango minimizes the need for frequent asset transfers across blockchain networks, which reduces costs, enhances transaction speed, and improves overall efficiency. Additionally, by eliminating the necessity to store data or assets with third parties, Mango also increases the security of the assets involved.

Overall, Mango’s all-chain applications successfully bridge disparate blockchain networks, resolving critical issues like user experience fragmentation and liquidity fragmentation common in Web3 and DeFi spaces. By integrating these applications through main chain and modular contracts, Mango creates a comprehensive liquidity service network that provides a distinct and enhanced trading experience for all users.

Fostering DeFi Innovations through All-Chain Liquidity Pools

Mango’s all-chain applications revolutionize how liquidity pools are constructed by enabling a unified liquidity framework that spans across all chains. Traditionally, establishing individual liquidity pools on each blockchain reduced capital efficiency and added complexity for users managing cross-chain assets. Mango’s innovative approach allows for the creation of comprehensive liquidity pools that seamlessly integrate assets and operations across all chains, enhancing the overall DeFi ecosystem.

Benefits of Mango’s Liquidity Network Include:

• Streamlined User Experience: Mango provides a single gateway for accessing a wide array of DeFi applications spread across various blockchains.
• Cost-Effectiveness: Asset transfers across chains through Mango are cost-efficient, characterized by low transaction fees and reduced gas costs.
• Enhanced Liquidity: A unified gas token simplifies asset transfers across chains, ensuring high liquidity and ease of transactions.
• Robust Security and Efficiency: Mango leverages the Move programming language, known for its inherent security features, to offer a safe and efficient platform for users.

By utilizing Mango’s network, users can deposit assets into liquidity pools on the Mango main chain and participate in DeFi activities across any blockchain via corresponding module contracts. This integration not only simplifies cross-chain interactions but also ensures secure, low-cost, and efficient transactions without loss in trading quality.

For example, users can easily transfer assets like ETH into Mango’s main chain liquidity pool and seamlessly interact with platforms like Pancake Swap on the BNB chain. This capability allows even single-token holders to engage across multiple DeFi platforms, significantly expanding liquidity and fostering innovative financial solutions such as comprehensive liquidity lending, staking, novel flash loan services, and new algorithmic stablecoins.

BeingDex: Pioneering All-Chain Trading

BeingDex, built on Mango Move, is a cutting-edge decentralized exchange that facilitates all-chain, on-chain order book trading without the need for traditional liquidity pools. Its unique features include direct peer-to-peer transactions, detailed charting capabilities, and a robust order book that offers unprecedented transparency and depth. This setup not only enhances market efficiency but also protects users against common vulnerabilities like MEV attacks, ensuring fair and secure trading conditions.

BeingDex supports a diverse range of on-chain assets, enabling it to act as a liquidity conduit for a wide spectrum of Web3 applications. The platform continues to evolve, extending its services to include comprehensive crypto management solutions ranging from wallets and staking to NFT marketplaces and decentralized social platforms, thus solidifying its position as a comprehensive hub for digital asset management within the DeFi space.

Overall, all-chain trading is an inevitable trend in the development of Web3 applications. All-chain trading enhances asset liquidity, increases capital efficiency, reduces transaction costs, and expands application scenarios, offering users more convenient, efficient, and diverse services. The launch of Mango Network brings new opportunities to the blockchain industry, potentially positioning it as a leader in all-chain interoperability, preparing it as a transactional all-chain infrastructure for a paradigm shift in the industry.

Mango Network White Paper Highlights

1. Positioning: Transactional All-Chain Infrastructure

Keywords: New L1 public chain, DPoS, all-chain applications, Move language, modularization.

1. Technical Highlights:

• Universal Application Support: Only one type of token is required for Gas, enabling seamless operations across diverse blockchains.
• High Performance: Capable of achieving over 297.45K transactions per second with sub-second settlements, it ensures low Gas costs and an optimal user experience.
• Robust Security: Utilizing the Move language, Mango provides a secure, static, and attack-resistant programming environment for smart contracts.
• Modularity: The platform’s architecture deconstructs blockchain functions into separate modules. This design not only allows for targeted customization based on specific application needs but also facilitates easy scalability and enhanced security through functional segregation.

1. Implementation of Mango All-Chain Applications:

Mango all-chain applications use a main chain contract and module contracts architecture. The main business logic is deployed on the Mango main chain, realizing “overall coordination.” Remote access modules deployed on other public chains interact with end users, gather inputs, and provide outputs.

Users input on a new chain through a remote module, which sends the information across chains to the Mango main chain. The main chain processes this and sends results back to the remote module on the new chain, offering users a localized interaction experience.

Additionally, to meet expansion needs, some internal functional modules of the main chain can also be deployed on other public chains, together forming a virtual main chain system.

1. Technical Advantages of All-Chain Applications:

Provides a settlement and execution layer between heterogeneous public chains. Previously, users transferring assets between heterogeneous chains had to use cross-chain bridges like LayerZero and prepare corresponding tokens as Gas on different chains. Now, users can simply migrate assets to the Mango main chain using Mango’s own cross-chain bridge, then interact and operate on any target chain via module contracts.

Compared to cross-chain bridges, all-chain applications offer significant advantages:

• Easy to scale — The main logic is processed on the Mango main chain, which maintains a unified state record. After deploying a contract on a new chain, it can inherit all state records and liquidity from the all-chain main chain without reinventing the wheel.
• Better user experience — Users don’t need to worry about where the program is deployed; they can access it from the all-chain main chain as if it were a local program; there’s no frequent need for cross-chain bridges; only one type of token is needed as Gas for operations and interactions across any chain.
• Easy cross-chain integration — Other applications can simply connect on the all-chain main chain to utilize all its functions and liquidity.

1. Composition of the Mango Public Chain Infrastructure Protocol:

• ZK Zero Knowledge Proofs — for anonymous transactions, privacy protection, and cross-chain interaction authentication.
• Distributed Storage — uses IPFS to store data, ensuring data redundancy, reliability, and scalability.
• MgoDNS Domain Name Service — a decentralized solution based on cross-chain protocol for domain names and domain data analysis, connecting various types of public chains and consortium chains.
• Mango Client — maintains a consistent copy of the effective state of the system for auditing and building transactions or operational services.

1. Roadmap and Timetable:

Mango Network will launch its testnet in the second quarter.

Ecosystem applications such as Being Wallet and BeingDex (an order book-based all-chain pending order matching trading platform) are already deployed on the development network.

About Mango Network

Mango Network is a Layer 1 public chain developed using the Move language, designed to serve as a transactional all-chain infrastructure network. Through its modular design, it enables all-chain applications and creates a one-stop liquidity service network, offering users a secure, diversified, and convenient trading experience. MGO is its native token.

Mango Network is developed by MangoNet Labs, a technology company focused on Web3 infrastructure, with the mission to enable 1 billion users to smoothly transition to Web3.

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