Mantle Bridged wstETH (Mantle) (WSTETH)

Coin Information

Unknown Country

Blockchain: Mantle

Ticker: WSTETH

Type: Token

Contract:

Price Statistics

Market Cap

Fully Diluted Valuation

Coin Supply

Circ.: 5(100%)

Total: 5

Blockchain Explorers

Mantle.xyz

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Mantle Bridged wstETH (Mantle) Price Chart

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About Mantle Bridged wstETH (Mantle)

Mantle Bridged wstETH (Mantle), with the ticker WSTETH, operates as an innovative financial instrument within the Mantle Network, recognized as Ethereum’s largest Layer 2 network utilizing zero-knowledge (ZK) proofs. The Mantle Network aims to achieve mass adoption of token-governed technologies, offering a modular design for execution and finality that enhances institutional-grade settlement and value transfer. The integration of EigenDA technology further strengthens its position, enabling efficient ETH restaking and maximizing yields through its mETH Protocol, a liquid ETH staking mechanism widely accepted across various centralized exchanges (CEXs) and decentralized finance (DeFi) applications.

As a project under the Mantle ecosystem, Mantle Bridged wstETH aims to address the need for robust liquidity and sustainable yield offerings in the evolving on-chain economy. With a focus on enhancing user experiences, the network facilitates seamless transaction finality, enabling transactions to be completed within just one hour, which significantly improves the overall efficiency of asset transfers. This advancement in transaction speed, coupled with the platform’s compatibility with the Ethereum Virtual Machine (EVM), allows developers to deploy existing smart contracts without modifications, thereby attracting a wider range of projects to the Mantle ecosystem.

Mantle’s governance structure empowers token holders to actively participate in the strategic direction of the network, from launching new initiatives to managing treasury resources. With a substantial treasury valued at over $4 billion, the Mantle EcoFund seeks to drive ecosystem growth by supporting transformative projects and fostering community engagement. As a result, Mantle Bridged wstETH leverages this supportive environment to enhance its utility and adoption, providing users with opportunities to earn rewards through participation in missions and initiatives, thereby reinforcing a vibrant and collaborative community.