METH Mantle Staked Ether

Mantle LSP is a permissionless and non-custodial Ethereum liquid staking protocol that is deployed on the Ethereum Layer 1 blockchain. It is governed by the Mantle ecosystem.

Key Features of Mantle LSP

– Simple and Modern Design: Mantle LSP combines a simple and modern design with robust risk management.
– Leverages Mantle Ecosystem: Mantle LSP leverages the extensive existing resources of the Mantle ecosystem to deliver a highly rewarding staking experience.
– Supercharges Mantle Yields: Mantle LSP helps to supercharge Mantle’s status as a yield powerhouse.

Mantle Staked Ether ($mETH)

Mantle Staked Ether ($mETH) serves as the value-accumulating receipt token of Mantle LSP. It represents a claim to the underlying staked Ether and accumulated rewards.

Staking Process

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. Stakers receive the $mETH receipt token, which can be utilized in other applications.

Unstaking and Rewards\

When stakers unstake their Ether from Mantle LSP, they will receive not only the sum of their staked Ether, but also any rewards gained from their staked funds during the staking period. These rewards may include a combination of issuance, priority fees, and maximal extractible value (MEV), which are shared among the stakers, the LSP, and the node operator (validation service provider).