Date: July 23, 2024

Staking and Rewards on Mantle LSP

Staking and Rewards on Mantle LSP

Staking and Rewards on Mantle LSP

Mantle LSP is a permissionless, non-custodial ETH liquid staking protocol deployed on Ethereum L1. It offers a unique staking experience through its Mantle Staked Ether (mETH) token, which provides high yields and robust security measures. The protocol is designed to ensure the integrity of the ETH to mETH process, leveraging modern design principles and stringent risk management practices.

Staking and Unstaking on Mantle LSP

Staking ETH on Mantle LSP is seamless. Users can stake their ETH to receive mETH instantly, with no slippage or capacity limits. The unstaking process, while free of slippage and fees, requires a processing time of about four days. The exchange rate between ETH and mETH is updated every eight hours by price oracles, ensuring transparency and fairness.

$COOK Rewards and Farming Strategies

Mantle LSP’s reward system is centered around the $COOK token. The Metamorphosis campaign allows users to accumulate "Powder," which can be converted into $COOK. To maximize rewards, users can:

  • Stake and Hold mETH: Continuously earn rewards by holding mETH.
  • Engage with Partner Protocols: Earn additional Powder by participating in protocols like Pendle or EigenLayer.

Mantle LSP aims to provide the highest sustainable core yield through MEV and Treasury yield sharing, making it a leading player in the DeFi space.

You can start staking and learn more about Mantle LSP here.

Short Description

Explore the high-yielding opportunities and robust security features of Mantle LSP, a leading non-custodial ETH liquid staking protocol. Learn how to stake ETH, earn mETH, and maximize rewards with $COOK tokens through innovative farming strategies.

For more details, visit Mantle LSP Staking.

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