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Using idle ETH to mine $COOK tokens on the Mantle Network! 💎
For the next 3 months, stake & restake $mETH to accumulate Powder (points), exchangeable for $COOK tokens soon.
$mETH notable stats:
🔹$1.97B TVL
🔹Top 5 TVL for LSTs
🔹24,100 holders
🔹ATH $581M TVL on L2 (Methamorphosis S1)
⛏️ $COOK farming strategy & benefits:
✅ $ETH Staking Yields (~3.3%)
✅ AVS Yields post-slashing
✅ Restaking Protocol Yields (eigenlayer, Karak, symbioticfi, pendle, zircuit, ethena-fi, dolomite, INIT)
✅ L2 Yield from DeFi Protocols
✅ $COOK Rewards
✅ Tech Partner rewards
🔎Token Guide:
🔹 $mETH = liquid staking token
🔹 $cmETH = liquid restaking token
🔹 Powder rewards convert to $COOK
🔹 $COOK = future governance & economics for Mantle LSP
cc @farfi /farfi /defi /mantle /ethereum 0 reply
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