Convert Mantle Restaked Ether CMETH to Adappter Token ADP

Deployed on Ethereum layer 1 (L1) and governed by Mantle, mETH Protocol has, since late 2023, been providing users with access to $mETH, a value-accumulating receipt token that is highly composable across a range of DeFi applications on Mantle Network L2, offering exposure to additional yield-bearing opportunities. Users stake ETH with mETH Protocol and receive yield-bearing $mETH, and unstake $mETH to receive the underlying principal staked ETH and accumulated rewards. Since the inception of mETH Protocol, Mantle's mission has been to deliver the most user-friendly and rewarding $mETH experience. Thanks to ecosystem-wide adoption, $mETH users are able to trade on Mantle DEXs, earn yield by providing liquidity to $mETH liquidity pools, and generate yield within decentralized money markets. With $mETH's increasing adoption and composability within Mantle Ecosystem dApps, the protocol now ranks as the fourth largest ETH LSP by TVL. The introduction of $cmETH, a permissionless, composable liquid restaking token that unlocks restaking opportunities on Mantle, and $COOK, the protocol's upcoming governance token, mETH Protocol enters its next phase with further enhanced offerings. Through these features, mETH Protocol provides its users with capital efficiency, convenience, and a wide range of yield-bearing opportunities within Mantle Ecosystem dApps, all in a design that has been created to maximize security with non-custodial core smart contracts and off-chain services that enforce sanity bounds and risk limits.

Adappter will provide a solution that helps individuals, companies, sellers, and users coexist with each other for the objective of happiness and profits of all based on the spirit of fairness, sharing, and trust. Also, Adappter will make every effort to increase the value of all members. In January 2018, we expanded our business to “Adappter” service, which provides various blockchain information and live content from “Houjaeki” service, which provides data on favorable factors in real time. Currently, about 50,000 users who have interests in blockchain (including Android and iOS) use the Adappter service. ADP is Token published by Adappter, operated within the Ethereum platform (ERC20), and used as a key currency in the adapter ecosystem. It can convert AP, which was received as compensation for partner contents, to ADP and it will continue for 20 years. In the future, it will provide real-life payment functions for purchasing goods, items, and products.