Convert Mantle Restaked Ether CMETH to Kabosu KABOSU

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.

Kabosu (Japanese: かぼす) is a female Shiba Inu most famously known as the face of Doge. Kabosu was born in November 2nd, 2005 in a Japanese pedigree puppy mill that was promptly shut down, leaving Kabosu stranded in one of Japan’s many animal shelters. The owner of Kabosu, Atsuko Sato, rescued her in 2008, saving her from certain death at the hands of humanity. Her name was given by a shelter volunteer – Kabosu is a type of fruit and said rescue worker mentioned that her face was very round, just like the fruit. The goal of Kabosu is to prevent dogs of all breeds from being abandoned. For this reason we will be making weekly donations to community chosen dog charities!