The mETH protocol, deployed on ETH L1 and governed by Mantle, has since late 2023 provided users with the opportunity to acquire $mETH, a value-accumulating receipt token capable of being used in multiple DeFi applications on the Mantle network L2 Medium to high combination, providing additional income opportunities. Users can pledge ETH to the mETH protocol and receive $mETH with income, and then unpledge $mETH to obtain the underlying pledged ETH and accumulated rewards.Since the inception of the mETH protocol, Mantle’s mission has been to provide the most user-friendly and rewarding mETH experience possible. Thanks to widespread ecosystem adoption, mETH users are able to trade on the Mantle decentralized exchange (DEX), earn revenue by providing liquidity to the $mETH liquidity pool, and generate revenue in decentralized currency markets . As $mETH continues to grow in adoption and composability among decentralized applications (dApps) in the Mantle ecosystem, the protocol is now ranked among the Ethereum Liquidity Service Providers (LSPs) by Total Value Locked (TVL) fourth.With the introduction of $cmETH, a permissionless, composable liquidity staking token that unlocks staking opportunities on Mantle, and the upcoming governance token $COOK, the mETH protocol enters its next phase, providing more Further enhancements. Through these features, the mETH protocol provides users with capital efficiency, convenience, and multiple revenue opportunities within the Mantle ecosystem's dApps, all designed to work through non-custodial core smart contracts and off-chain services that enforce reasonable boundaries and risk limits. to maximize security.