Converti Mantle Restaked Ether CMETH in LUCA LUCA

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.

ATM is a peer-to-peer staking platform that allows users to stake tokens with one another. By locking their tokens in a connection, they build their network. ATM ranks each user in this network using Google's PageRank algorithm, and determines their stake rewards from this. The reward token is LUCA. LUCA is also the best currency to lock in a connection, as using it means that the connections will have a higher weight when rewards are calculated. Thus, LUCA is the primary token used in ATM's network, which has amassed around 3000 users and is still growing substantially. Similar to Pancakeswap's CAKE token, LUCA is used as a reward and also as a utility token for the ATM platform, and we expect to see continued growth of both the value of LUCA and the size of the ATM community building this new form of staking social network.