Converti Mantle Restaked Ether CMETH in ParagonsDAO PDT

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.

We’re an economic and social partner-DAO to promising blockchain-powered gaming ecosystems. Formerly known as ParallelDAO, our focus at launch is the ground-breaking Parallel TCG. Harnessing the PDT token, holders control DAO-held assets (Masterpieces, Catalyst Drives, Prime Keys, etc.) while collectively participating in governance and growth by hosting tournaments, sponsoring players, creating content and anything else decided by the DAO. Paragons’ intentions are to add value to Parallel (and later other ecosystems), helping them gain user base growth via strategic partnerships within the NFT and DeFi communities. While the game is in its infancy, growing a strong community is paramount; this is where giving access (otherwise restricted to whales) to a wider audience will enfranchise new users and inspire greater participation. From here, the community of Paragons decide what this DAO becomes. Help us lead the way, become a Paragon today!