Converti Mantle Restaked Ether CMETH in X-PASS XPASS

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.

X-PASS is an integrated digital platform built on NFT and blockchain technology, connecting the performing arts, fandom, metaverse, and travel industries. It addresses key issues in traditional ticketing systems such as server overload, ticket scalping, and duplication by incorporating NFT and Soulbound Token (SBT) technology to create fraud-proof digital tickets. This ensures secure and transparent transactions while preventing ticket loss and unauthorized duplication. Beyond providing access to performances, these NFT tickets also allow users to enjoy various additional services such as travel packages. X-PASS aims to build a new fandom community and metaverse space, enabling fans and creators to interact continuously even after events. This fosters deeper engagement and a sense of belonging for fans, while creators can maintain close relationships with their audiences and generate new value. By leveraging the innovative potential of blockchain technology, X-PASS introduces a new paradigm for the performing arts industry. Through the integration of NFTs, the metaverse, and fandom culture, it delivers a unique and immersive experience, offering rich content and services across various industries.