Converti Mantle Restaked Ether CMETH in Lunar LNR

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.

Lunar (LNR) is a DeFi ecosystem that aims to solve the biggest problems preventing crypto from true mass adoption. This starts with their Lunar DEX, which initially aims to streamline the entire process of BSC token trading into a single platform with a frictionless user experience. At the core of the Lunar Ecosystem is the Lunar Token (LNR), which distributes 3% of LNR transactions and a percentage of Lunar DEX transactions to holders in passive earnings. The ecosystem also includes an NFT collection, Lunar Legion, that receives 0.5% of LNR transactions in passive reflections.