Mantle’s mETH Protocol enables permissionless ETH staking, yielding ERC-20 rewards, with governance via COOK token and diversified staking through cmETH for balanced risk and returns.
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The Mantle mETH Protocol provides a permissionless Ethereum (ETH) staking platform, enabling users to stake ETH and earn rewards through mETH, an ERC-20 token that accumulates ETH staking gains. Users can withdraw their principal and rewards by redeeming mETH. The system also features cmETH, a 1:1 restaking token that facilitates diversified staking across different platforms, aiming to maximize returns while managing risk. Additionally, the protocol supports governance via its COOK token and integrates with various decentralized finance (DeFi) tools.
As of now, mETH Protocol is trading at 0.009988 USD, with a 24-hour trading volume of approximately 0 USD. The COOK to USD price is updated in real time. Over the past 24 hours, mETH Protocol has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 9.59M USD. Currently, there are 960 000 000 COOK in circulation out of a maximum supply of 5 000 000 000 COOK.
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