Mantle (MNT) vs USDS (USDS)

Mantle is a layer 2 scalability solution for Ethereum, whose technological infrastructure ensures full compatibility with the Ethereum Virtual Machine (EVM), facilitating the creation of smart contracts and decentralized applications (dApps). Mantle is an atypical Optimistic Rollup as it has a modular architecture: the network only handles transaction execution, while consensus is managed by Ethereum and data is decentralized with EigenDA. It is worth noting that Mantle is the result of an evolution of ByBit's BitDAO ecosystem.

USDS is a stablecoin that powers the open Sky ecosystem, designed as an upgraded version of DAI. It offers users access to the Sky Savings Rate (SSR) for earning yield and Sky Token Rewards for supporting ecosystem projects. With a 1:1 conversion rate from DAI, USDS enables users to have more rewarding crypto experiences while maintaining full control of their funds. The stablecoin functions as part of the Sky Protocol's decentralized financial infrastructure alongside SKY tokens.