Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Mantle expands the Ethereum-based DeFi ecosystem by introducing the mETH liquid staking protocol.
ETHEREUM NEWS

Mantle expands the Ethereum-based DeFi ecosystem by introducing the mETH liquid staking protocol.

By Crypto FlexsDecember 6, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Mantle expands the Ethereum-based DeFi ecosystem by introducing the mETH liquid staking protocol.
Share
Facebook Twitter LinkedIn Pinterest Email

Mantle, the DAO-led web3 ecosystem, today unveiled the Mantle Liquid Staking Protocol (LSP), a major addition to the Mantle ecosystem, giving users a new way to participate in Ethereum’s proof-of-stake (PoS) verification network. He said he would. Statement shared with CryptoSlate.

Mantle LSP is a permissionless, non-custodial Ethereum (ETH) liquid staking protocol that operates on Ethereum L1 and is managed by Mantle. It is the second core product of the Mantle ecosystem, following Mantle Network L2. Mantle assumes that the introduction of Mantle Staked Ether (mETH), a value-accumulating receipt token, is a pivotal step for the protocol.

Mantle detailed that the origins of the Mantle LSP began with a proposal on the Mantle Forum on July 14, 2023. After the Mantle Governance Proposal MIP-25 was approved, staking of Mantle Treasury ETH was approved, leading to the phased deployment of Mantle. LSP. This process culminated in the full operational launch of the protocol on December 4, putting it in permissionless mode.

Mantle LSP differentiates itself by providing immediate and sustainable rewards. Users who stake ETH will receive mETH, a token that embodies the staked value and accumulated rewards, while also unlocking additional earning opportunities within the Mantle ecosystem. Mantle says the ETH to mETH exchange rate is calculated deterministically, mitigating the impact of stake size on slippage. Additionally, mETH can be traded on various exchanges and its price is determined by market dynamics.

Mantle emphasizes that their protocol highlights a commitment to user experience, security, and revenue optimization. Mantle says the LSP features a streamlined architecture that focuses on the ETH to mETH conversion process at L1 and avoids the complexities associated with other PoS tokens and chains. The design of the protocol incorporates a robust risk management strategy, including non-custodial core smart contracts and off-chain services that enforce strict risk limits. Additionally, Mantle LSP’s security framework includes division of responsibilities between various roles to protect staked ETH within smart contract addresses.

With the launch of the Mantle LSP, Mantle plans to strengthen its DeFi offerings by exploring mETH adoption across a variety of applications within and beyond the ecosystem. The goal of this expansion is to significantly contribute to Mantle’s growth in the DeFi space by enhancing the usability and efficiency of mETH.

The broader Mantle ecosystem, built on Ethereum technology, now includes Mantle Network, an Ethereum Layer 2 (L2) solution, Mantle Governance, a decentralized autonomous organization (DAO), and Mantle Treasury, one of the largest on-chain treasuries. The ecosystem is fueled by the Mantle Token (MNT), which serves as a product and governance token.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitmine ‘s ethereum Holdings 46,255 Eth Buy 2.1 million units

September 12, 2025

Bitcoin, Ethereum and Dogecoin dominate social buzz

September 8, 2025

Integrated security classes can accelerate the adoption of institutional passwords.

September 4, 2025
Add A Comment

Comments are closed.

Recent Posts

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Binance’s new Defi Initiative sparked Rollish Momentum, and BNB hit a new ATH of more than $ 900.

September 13, 2025

Top 5 Crypto PR Agencies to Scale Your Blockchain Project in Europe

September 13, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

BNBCapital Emerges As Top Immutable DeFi Protocol With 239% Returns And Zero Admin Functions

September 12, 2025

MEXC Enhances Futures Trading With Multi-Asset Margin Mode Across 14 Tokens

September 12, 2025

Ethereum Based Meme Coin Pepeto Presale Past $6.6 Million As Exchange Demo Launches

September 12, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025
Most Popular

Historically, the Bitcoin price is the highest in the US dollar index.

March 7, 2025

Litecoin: What LTC Investors Need to Know as We Enter 2024

January 3, 2024

PlayFi Announces Strategic Partnerships and Integrations with Four Industry Leaders to Power Gaming Innovation with AI and Web3

June 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.