Mantle Staked Ether (METH) is a cryptocurrency that represents a sophisticated approach to Ethereum staking. It is intricately tied to Mantle LSP, a permissionless and non-custodial liquid staking protocol on Ethereum's Layer 1, designed to optimize capital efficiency and adoption. Mantle Staked Ether serves as the value-accumulating receipt token of Mantle LSP.
The purpose of Mantle Staked Ether is to facilitate the pooling of Ether deposits from stakers, enabling their participation in the rewards generated by Ethereum’s proof-of-stake (PoS) validation network. The project aims to optimize capital efficiency and adoption by providing a liquid staking solution. The potential use cases and applications of the technology include driving dApp initiatives and providing liquid staking opportunities.
The price of Mantle Staked Ether is $3395. The market cap of Mantle Staked Ether is $1467979855. The number of tokens is 433411 METH.
Marketcap
$1.468B
Total number of Mantle Staked Ether
433411 METH
Mantle Staked Ether's technology is based on Ethereum's Layer 1, utilizing a permissionless and non-custodial liquid staking protocol. The protocol allows users to stake ether and receive Mantle-staked ether (mETH) as a token representing their stake.
Mantle Staked Ether differentiates itself from competitors by being a non-custodial and permissionless ether liquid staking solution. Its competitive advantages include allowing users to deposit ETH and participate in network staking through validator nodes, receiving mETH as a receipt token that can be restaked across various positions.
Mantle Staked Ether serves as the value-accumulating receipt token of Mantle LSP.
Mantle LSP facilitates the pooling of Ether deposits from stakers, enabling their participation in the rewards generated by Ethereum’s proof-of-stake (PoS) validation network.
Mantle Staked Ether allows users to deposit ETH and participate in network staking through validator nodes, receiving mETH as a receipt token that can be restaked across various positions.
No, Mantle Staked Ether is a non-custodial ether liquid staking solution.
Mantle Staked Ether's technology is based on Ethereum's Layer 1.
Mantle LSP is a permissionless and non-custodial liquid staking protocol on Ethereum's Layer 1, designed to optimize capital efficiency and adoption.
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