The Mantle network is a layer two project built on Ethereum’s infrastructure. It is designed to solve Ethereum’s scalability problem.

The Mantle network allows Ethereum to process more transactions by securely logging transactions off-chain until they are processed and compiled. They are then settled on-chain. This will enable people to conduct transactions faster at a fraction of the cost of transacting directly on Ethereum.

This improved capacity has made the Mantle network attractive to people who want to build applications and conduct transactions on Ethereum. These applications range from gaming communities, incubators, DeFi platforms, and wallets.

The Mantle network has a native token, MNT, that serves as a governance and utility token. As a governance token, each MNT carries equal weight and decision-making capacity. As a utility token, it can be used as collateral and to pay gas fees while transacting on Mantle.

The 5 Best Mantle Wallets

Users usually need a secure wallet or a means to hold, store, and manage assets to conduct cost-effective transactions on Mantle.

Generally, wallets are either decentralized, centralized, or hardware wallets. Here are some of the best wallets for transacting on Mantle’s network.

Mantle Safe

Source: Mantle Blog

Mantle Safe multi-signature wallet is a decentralized self-custody wallet developed with the help of the Protofire Alliance team. It uses the Safe custody protocol to require multiple authorized signatures before transactions are approved. It adds an extra layer of security by reducing the risk of a single person controlling all the funds.

The multi-sig structure still protects funds in a breach where the wallet keys are compromised. This allows individuals to enjoy perks usually reserved for institutions’ wallets. It also allows projects and establishments to build joint ventures where the relevant participants must sign off on transactions.

Features of the Mantle Safe Wallet

• Multi-signature: The Mantle Safe Wallet is focused on increasing its security capacity by employing multiple approved signatures before a transaction can be conducted. This ensures a trustless collaborative capacity, and the multi-signature structure allows collective asset management.
• Self-custody: The Mantle Safe Wallet is a decentralized wallet that allows users to manage their assets. Unlike the general self-custody wallet, which relies solely on seed phrases, this wallet uses multi-sig to facilitate self-custody.
• DeFi: The Mantle Safe Wallet allows users to interact with over 130 applications in Mantle’s ecosystem. These could range from DeFi platforms to NFTs and GameFi projects.

YouHodler Wallet

Source: YouHodler Blog

The YouHodler project is a fintech platform focused on bridging the gap between normal financial services and the crypto space. The platform is regulated in the European Union, Switzerland, and Argentina.

It has a Web3 wallet integrated into it that allows people to manage their crypto assets in a decentralized environment. The wallet allows them to participate in yield farming, lending, borrowing, governance, etc.

The wallet was designed to provide advanced security, advanced functionalities, full self-custody, and a simplified interface. It allows its users to hold their assets without fear of being attacked or compromised, hence the “Holder” in YouHodler.

Features of the YouHodler Wallet

• Simplified design: The YouHodler web3 wallet has a simplified interface that allows users to manage their assets. The project wants users to stake, earn, and transact cryptocurrencies with a simple design while providing very advanced functionalities. It also removes the need to juggle through applications, providing all they need through the wallet’s dashboard.
• Advanced security: Crypto wallets aim to manage and protect user assets around the clock, regardless of how many transactions they conduct. The wallet is designed to provide enterprise-level security through encryption, which protects users against hack attempts and wallet breaches.
• Self-custody: The YouHodler wallet promotes privacy. The encrypted private keys are only accessible on the user’s device. Transactions are also protected while the user is spending and trading crypto assets. The self-custody features also mean the user’s assets remain dormant if the user leaves the wallet. If the user doesn’t invest the assets, they will remain in the wallet, gathering dust.

Wigwam

Source: Wigwam Website

The Wigwam wallet is an EVM-compatible wallet integrated with the Mantle network. It allows users to participate in Mantle’s testnet and mainnet activities and swap, buy, and trade Mantle native tokens.

The wallet can be used to connect decentralized applications. The user would want to conduct general DeFi activities, governance, gaming, and purchasing NFTs. First-time users can buy Mantle native tokens through their Wigwam wallet using a credit card.

Similar to other wallets, the Wigwam wallet focuses on providing simplicity and security. Its smart contracts have been duly audited and are designed to be non-custodial, ensuring users have full control of their assets. The wallet also has a real-time portfolio tracker that helps people manage their assets better.

Features of the Wigwam Wallet

• Simplified interface: The Wigwam wallet is designed to be easy to use for both newbies and experienced users. This includes a simplified dashboard, simple token swaps, and simple trading features to enhance the Mantle wallet experience. It also gives users easy access to DeFi, GameFi, NFT, and Play-to-Earn platforms and marketplaces.
• Real-time tracking: A part of managing one’s assets well is accessing timely information on the market’s situation to make the right decision. The Wigwam wallet’s real-time tracking feature lets users stay updated on their assets thanks to live prices and updates. This helps the user monitor their portfolio’s performance and value.
• Self-custody: The Wigwam wallet allows users to fully control their wallet, assets, and integrations with other apps. This control adds a layer of security, allowing users to incorporate all the personal techniques needed to keep their wallets safe. It also means that any breach in the Wigwam’s infrastructure wouldn’t affect the user or their assets.

Metamask

Source: MetaMask Website

The Metamask wallet was launched in 2016 and has become one of the most popular EMV-compatible wallets in crypto. Since Mantle is built using the Ethereum infrastructure, it is compatible with the Metamask wallet.

Designed to be a gateway into the crypto space, the Metamask wallet is built with a browser for users to explore projects and a payment integration that allows users to purchase assets directly from their fiat account. This allows people to participate in DeFi activities, airdrops, earn, and yield farming rewards.

Using the wallet, users have full control of their assets. It uses self-custody protocols and security mechanisms to provide privacy and control over the users’ assets and activities. The wallet is accessible to mobile users as a mobile application and to PC users as a browser extension.

Features of the Metamask Wallet

• Security: The Metamask wallet integrates security protocols to help users protect their assets. These protocols include token approvals, secret recovery phrases, scam alerts, phishing alerts, passwords, and integrations with hardware wallets. The wallet also offers tips to avoid scam attempts by hackers and malicious developers.
• Self-custody: The main focus of the Metamask design is to give users full control over their assets. As such, each wallet is completely independent. It is worth noting that mishandling the secret phrase attached to a Metamask wallet can result in the permanent loss of control over the wallet.
• Metamask SDK: The Metamask software development kit (SDK) is a collection of tools and applications that help developers build using the Metamask wallet. It also allows networks to integrate Metamask into their ecosystem.

To use Metamask’s Mantle network, users must manually add the network’s name, RPC URL, chain ID, and ticker.

Safle Wallet

Source: Safle Website

The Safle wallet is a decentralized wallet with access to a suite of tools for users and developers. These tools include SafleID, Safle Vault, Safle Keyless, Safle Node, Safle Swap, and SaflePay. These allow users and developers to build an on-chain identity while interacting with DeFi projects for farming and earning.

The Safle wallet is compatible with ten blockchains, including Mantle, allowing people to transact using ERC-20 assets. It is a self-custody wallet equipped with six layers of encryption that incorporate a social recovery mechanism.

Features of the Safle Wallet

• Security: The Safle wallet secures each user’s wallet using a combination of layered encryption, social recovery, and multi-sig infrastructures. These allow people to use wallets for various situations, from individual to institutional.
• SSI identity: The self-sovereign identity or SSI protocol allows users to create and manage their on-chain digital identity and footprint. This would be useful for freelancers in the gig economy, airdrop hunters, and gameFi users.
• DeFi: The Safle wallet is a decentralized wallet, so it provides the basic features of any DeFi wallet. These range from buying and selling to yield farming and staking.

Conclusion

The Mantle network is designed to improve transactions on Ethereum using optimistic roll-ups. Users need secure wallets to conduct these transactions.

The Mantle Safe Wallet is built by the Mantle network to safeguard users’ assets. The YouHodler and Wagwam wallets are integrated into Fintech platforms. The other wallets are designed with tools to aid integration into the Mantle network.