Converti Paw V2 PAW in Mantle Restaked Ether CMETH

Polycat Finance launched May 2021 as a yield farm and yield aggregator. Since then it's expanded to become a hybrid yield optimizer: with yield aggregation (Vaults), decentralized exchange (DEX) and launchpad for ecosystem projects. Polycat is built on Ethereum's EVM and Solidity smart contracts, powered by Polygon Network's Layer 2 scalability and infrastructure. By utilizing L2 for transactions, Polycat's users can trade, invest and farm cryptoassets instantly, with close to zero gas/transaction costs. Polycat is currently only accessible on the Polygon blockchain. What is the PAW token? PAW is the protocol's DEX reward token with an infinite max supply. PAW can be staked in liquidity pairs or pools (tanks) for rewards. PAW rewards from farming are vested, linearly unlocking over a 30-day period.

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.