Blockchain analytics platform Nansen has recently announced a strategic partnership with MANTRA, a leading L1 blockchain focused on institutional and real-world asset (RWA) adoption. In this collaboration, Nansen will play a crucial role as a validator for MANTRA, enhancing transparency, regulatory compliance, and decentralization. The news of this exclusive partnership was shared by Nansen on its social media channels.
Nansen’s Role as a Key Validator on MANTRA
The alliance between Nansen and MANTRA marks a significant milestone towards establishing MANTRA as a blockchain platform with a strong emphasis on compliance. MANTRA holds a Virtual Asset Service Provider license in Dubai, positioning itself as a platform catering to institutional clients seeking regulatory clarity in the rapidly evolving landscape of RWAs and DeFi.
MANTRA has recently implemented important changes to reflect its commitment to compliance. The platform has restructured its validators and conducted comprehensive token burns, signaling a move towards reducing insider control and fostering broader participation. By halving the number of internal validators, MANTRA aims to open up its Proof-of-Stake model to a more diverse group of external stakeholders.
Bringing Trust and Transparency Together for Enhanced User Experience
Nansen, in its role as a validator on MANTRA, is providing on-chain analytics in a decentralized and compliant manner. The partnership between the two platforms aims to combine trust and transparency to deliver an exceptional user experience. Nansen has also pledged to reinvest the validator rewards back into the ecosystem, demonstrating its commitment to the growth and sustainability of the network.