Understanding the Composable Foundation: A Comprehensive Overview

Key Insights

Source: Mantis Whitepaper

Source: Mantis Whitepaper

Source: Mantis Whitepaper

The total supply of PICA is 10 billion tokens. At Genesis, 4 billion PICA was distributed with the remaining subject to vesting schedules. Allocations

Picasso is rolling out generalized restaking

Composable’s daily transactions have decreased to approximately 500 from a peak of 1,700 in December 2023. Over 90% of these transactions leverage the IBC protocol, with a growing, but still small, fraction utilizing Polkadot’s cross-consensus messaging (XCM). In recent months, there’s been a marked increase in demand for IBC functionality beyond the Cosmos ecosystem. This growth has been highlighted by projects like Polymer

Positive DeFi momentum is accelerating on Mantis, likely due to mantis.app being the only exchange for Solana restaking tokens. The massive adoption

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