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.
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