Convert Mantle Restaked Ether CMETH to Agoras: Tau Net AGRS

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.

Agoras ($AGRS) is the native cryptocurrency of Tau Net’s economy, designed to facilitate the trade of knowledge, computational resources, and financial instruments. It’s unique feature is that its tokenomics are controlled directly by all of its users, utilizing Tau’s logical AI mechanized reasoning that automatically evolves the $AGRS tokenomics from block to block. The advanced reasoning capabilities of Tau Net enable logical consistency and reliability in all $AGRS transactions and much more powerful smart contracts that are able to evolve over time and capture real world knowledge. Key Utility Features: Reasoning Capabilities: Agoras will leverage Tau's advanced reasoning abilities to ensure accurate and logical execution of smart contracts and other processes. Knowledge Market: In the future, users will be able to monetize their knowledge by uploading it to Tau Net and letting the Tau Net AI combine and match knowledge with suppliers and seekers, contributing to a vast, dynamic knowledge base. Computational Resources: Users will be able to combine and rent out idle computing power for Agoras, turning everyday devices into a decentralized supercomputer. Financial Instruments: Agoras will support advanced financial trades and interest-earning opportunities through Tau Net's derivatives market, all secured by formal specifications.