แปลง Mantle Restaked Ether CMETH เป็น Odin Protocol ODIN

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.

Odin is built on the cosmos SDK, bringing verified user data on-chain, keeping user anonymity & eliminating insufficient data. 99.9% of the world’s data is NOT onchain. This is one of the biggest challenges for the Web2 to Web3 transition, a centralized bottleneck for trustworthy decentralized apps’ user data access.. Actual demand will only come when the data from Web2 to Web3 can be optimized with verification, decentralization & privacy. Fully decentralized verified data is the money of the future. ODIN is providing this exact solution for the mass adoption of web3, developing a unique data-centric blockchain ecosystem where the user data is self-refined and authenticated with the power of oracles. With the growth of data adoption in the web3 space, the demand for operations supported by ODIN Protocol will increase drastically! Accordingly, Odin token adoption will be directly proportional to the mainstream adoption of web3 and data spaces.