Convert Mantle Restaked Ether CMETH to Dual Finance DUAL

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.

What is the project about? Dual Finance gives token communities sustainable ways to earn yield & generate value from their treasuries. Through liquid option based incentives, Dual Finance unlocks value & unleashes participation in decentralized communities. Building a Incentive Liquidity Infrastructure for Web3 Communities. What makes your project unique? Dual Finance has designed itself upon this breakthrough token incentive mechanism to gain allegiance & prevent token dumping. DUAL token distribution is being conducted fully & fairly through the use of Staking Options. DUAL is the first token ever to only be distributed via options. History of your project. Prior Solana DeFi & Chainlink Hackathon Winners. Team has ex-institutional crypto market maker & FANG experience. What’s next for your project? DUAL Token launch is today! The Dual DAO is live on realms and airdropping Staking Options on DUAL to existing users. Partnerships with projects to better incentivize their communities & revitalize their tokens. When designed through Dual Finance, Staking Options serve to bolster their token's option & spot liquidity by leveraging a protocol market maker for CLOBs, Risk Manager. What can your token be used for? Governance in the Dual DAO. DUAL serves as an example for partner projects to follow implementations of options as mechanism to incentivize their communities.