Convert Mantle Restaked Ether CMETH to WEN Token WEN

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.

$WEN is based on the popular "Wen" meme and is part of a new vision for WenMint to build a large community of innovators in Web 3. Backed by WenMint, one of the most well-known NFT launchpads in Web 3. It is the first memecoin launched in the US with a fully doxxed team and a commitment to maintain legal compliance. WenMint has launched over 200 NFT projects in the last two years while building a super super community comprised of over 50K holders. $WEN is a memecoin that also functions as the governance token for WEN DAO. The vision of WEN DAO is to introduce on-chain governance into an existing supercommunity and drive innovation in Web 3. Over the next few months, the focus is to bring up the governance structure, establish grant programs within the DAO, and drive innovation in the Web 3 space through decentralized collaboration. It is a memecoin that also serves as the governance token of WEN DAO. The DAO itself will be incentivized to drive the future direction and utility of $WEN.