Converti April APRIL in Mantle Restaked Ether CMETH

Who we are: April is an ultra fast blockchain oracle focused on the emerging internet of blockchain world. Current oracles in the market are too slow to provide for applications which require super fast real world data on-chain in a trustless manner. What we believe: The world is entering an era of interconnected blockchains where millions of smart contracts will reside and interact with each other creating an Internet of blockchain. This new “Interchain” layer is where most of the world’s economic value will be tokenized, traded, refined and utilized. This second generation internet is already taking shape and April is positioning to become a major node in this emerging techno/economic space. We believe the changes which are coming will be far more fundamental and rewarding than those experienced during transition to the first generation internet. Our Purpose: April aims to build a more valuable world. We do this by providing smart contracts with the high speed data they require to execute efficiently thereby creating value for their users, whether consumers, businesses or governments.

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.