
Mantle Staked Ether (METH)
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About Mantle Staked Ether
Mantle Staked Ether (METH) is a token that is part of the Mantle Network ecosystem, which aims to enable the mass adoption of decentralized and token-governed technologies. With Mantle Network, users can build and deploy dApps on Ethereum’s unrivaled security infrastructure, thanks to a high-performance Ethereum layer-2 network built with modular architecture.
Mantle Staked Ether is obtained through the Mantle Liquidity Staking Protocol (LSP), where users can stake their ETH and receive yield-bearing mETH. The token holders of Mantle Network have governance over the strategic direction of the ecosystem, making decisions through proposals and voting. This includes launching new initiatives, managing the treasury, and assigning powers to operating teams.
Additionally, Mantle works with other initiatives to drive ecosystem adoption. This includes the Mantle EcoFund, a capital pool of $200M invested in high-potential applications and technology partners. There is also LiveEduDAO, an incubator supporting university groups and centers with resources and active capital for blockchain innovation. Lastly, LiveGame7 is a collective of gaming veterans and crypto-native leaders striving to build a more equitable gaming industry.
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