Convert Mantle Restaked Ether CMETH to PERL.eco PERL

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.

Tokenized real-world ecological assets Perlin’s latest project PERL.eco, the Planetary Ecosystem Registration Ledger will use blockchain technologies for real-world ecological assets through tokenizing carbon credits and biodiversity, NFTs and decentralised (DeFi) rewards. PERL.eco focuses on tokenization and achieving broader adoption of ecological-related assets like tokenized carbon assets, genomic biodiversity and more. PERL allows token holders to play a critical role in determining the incentive system, building a wide base of stakeholders, and facilitating economic value flow in the network. PERL holders get to vote on this fee model and distribution, as well as other important decisions. PERL.eco is focusing on these key areas: 1. Carbon We are tokenizing carbon credits and users may be able to offset their emissions and participate in the future growth of carbon. 2. Biodiversity We are looking to create a marketplace that links the supply and demand of biodiversity value. This will encourage the conservation of biodiversity, something that is urgently needed as climate change worsens. 3. NFTs We are working with globally recognised wildlife, ocean and environment charities to develop NFTs to fund the conservation of critically endangered species and habitat. 4. DeFi We will allow PERL token holders to yield farm for good and earn free incentives. 5. Blockchain infrastructure We are planning to have our own proof-of-stake blockchain. 6. Education and evolution We believe in empowering the community to join us in protecting the planet.