Convert Mantle Restaked Ether CMETH to Public Index Network PIN

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.

PIN is a proof-of-work cryptocurrency designed to index web3 metadata. PIN also exists as a wrapped token on Ethereum, Binance Smart Chain, and Polygon. Users and developers can "pin" metadata, permanently and immutably storing it on the network for public use. Pins can then be retrieved and read by any PIN-based application. When combined with its supporting metadata library, the Open Index Protocol ("OIP"), PIN provides a new standard for publishing, indexing, and monetizing any digital content. A robust development community is actively using PIN to create and index immutable links that will help to serve as the infrastructure for web3.