About cmETH
cmETH is a value-accumulating receipt token available on the Mantle Network, providing users with a unique opportunity to engage in decentralized finance (DeFi). Users can stake their ETH with the mETH Protocol and, in return, receive yield-bearing cmETH tokens. This setup allows users to access their staked ETH along with any accumulated rewards when they choose to unstake their cmETH.
Since its launch, the mETH Protocol has aimed to create a user-friendly experience that maximizes the potential of cmETH. With growing adoption across the ecosystem, cmETH holders can trade on various decentralized exchanges, contribute to liquidity pools, and earn yields in decentralized money markets. The protocol's robust integration within the Mantle ecosystem has positioned cmETH as one of the leading ETH liquid staking protocols by total value locked.
The introduction of cmETH, a permissionless and composable liquid restaking token, further enhances the opportunities available to users on the Mantle Network. This innovation facilitates additional restaking options, offering users more flexibility and capital efficiency. Additionally, the upcoming governance token will provide further engagement for community members.
mETH Protocol emphasizes security and usability, featuring non-custodial smart contracts and off-chain services that maintain strict risk management practices. By focusing on these aspects, the protocol ensures a safe and rewarding environment for participants in the DeFi space.
Overall, cmETH serves as a vital component of the Mantle ecosystem, enabling users to maximize their yield potential while enjoying a seamless and secure DeFi experience.