MGO
Mango Network
$0.01001
0.15%
Mango Network
MGO
$0.01001
0.15%
Mango Network Price Converter
Mango Network Information
Mango Network Markets
About Mango Network
Mango Network is a full-chain Layer-1 solution combining MoveVM and EVM in a unified omnichain architecture. The MGO token powers gas, staking, governance, and cross-VM coordination. Its consensus is based on a BFT Tendermint model adapted for performance, while modular design ensures scalability across execution environments. Founding individuals are not publicly confirmed at this time.
Mango Network is a Layer-1 blockchain designed with a multi-VM omnichain architecture, integrating both MoveVM and EVM environments. Its goal is to resolve fragmentation in Web3 by enabling seamless interoperability, efficient cross-chain execution, and integrated developer support across different virtual machine environments. The network combines modular design with performance tuning to support applications in DeFi, gaming, social infrastructure, and real-world asset integration.
The MGO token is the native utility asset within the Mango Network ecosystem. It supports core protocol functions and aligns incentives among stakeholders.
Gas payments: Used to pay for transaction execution and smart contract interactions on Mango.
Staking and security: Validators and delegators lock MGO to secure the protocol and help validate execution, with penalties for misbehavior.
Governance: Token holders can vote on protocol parameters, network upgrades, and treasury allocations.
Ecosystem incentives: MGO rewards are allocated to contributors, developers, and community participants to stimulate network growth.
Cross-VM coordination: MGO facilitates communication between MoveVM and EVM environments within Mango and supports cross-chain operations under the omnichain logic.
Mango Network uses a Tendermint-style consensus augmented with performance optimisations. Blocks are proposed and agreed through a Byzantine Fault Tolerant (BFT) mechanism adapted for high throughput and fast finality. The network is designed to scale horizontally through modular layers: a base MoveVM execution layer, paired with layers or modules that support EVM compatibility and cross-VM logic. This structure allows internal parallel execution lanes while preserving consistency and state synchronization across VM boundaries.
The chain also supports minting and burning of coins via a controlled TreasuryCap mechanism, subject to permissioned protocols within Mango’s coin module. Custom tokens may integrate regulatory features such as DenyList access for compliance.
