What is Mantle Restaked ETH?

The purpose of Mantle Restaked ETH is to enhance the utility and functionality of Ethereum (ETH) through a process known as restaking. This approach allows users to leverage their ETH holdings in multiple ways, thereby increasing their potential returns and contributing to the overall ecosystem. The project aims to solve the problem of limited yield opportunities for ETH holders and provide a solution for users to participate in decentralized finance applications.

Mantle Restaked ETH operates on Mantle's Layer 2 infrastructure, evolving from Mantle's initial liquid staking protocol introduced with mETH. This technology allows users to leverage their ETH holdings in multiple ways and participate in decentralized finance applications.

Mantle Restaked ETH differentiates itself from competitors through its unique restaking mechanism and Layer 2 infrastructure. Its competitive advantages include the ability to optimize yield opportunities for ETH holders and provide a solution for users to participate in decentralized finance applications.