About LayerBank (Manta)

LayerBank is a decentralized lending protocol designed for EVM-compatible Layer 2 networks. It gives users full control over their assets and offers competitive interest rates without intermediaries. Using the ve3,3 token model, LayerBank aims for sustainable growth and sets new benchmarks in DeFi. Key features include yield boosting based on $LAB staking, revenue sharing with weekly payouts, and automatic $LAB buybacks and burns when fees are claimed, reducing token supply and driving long-term growth.