Decentralized autonomous organization Mantle has launched a liquid staking protocol on the Ethereum blockchain. This protocol allows users to deposit ETH and engage in network staking while receiving Mantle-staked ether (mETH) as a token reflecting their stake. The protocol aims to address the concentration of ether stakes within major providers by offering an alternative solution through mETH adoption. Mantle’s strategic approach marks a pivotal development in the evolution of decentralized finance on the Ethereum network.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Europe |
| Countries | |
| Sentiment | very positive |
| Relevance Score | 1 |
| People | Jordi Alexander |
| Companies | Coinbase, Mantle DAO, Mantle, Binance, Lido |
| Currencies | Ethereum |
| Securities | None |
