TLDR Crypto · INNOVATION & LAUNCHES

MANTLE RELEASES LIQUID STAKING PROTOCOL, EXPANDING BEYOND LAYER-2 OPERATOR

coindesk.com2 min read

Summary from the TLDR Crypto newsletter

Mantle, an Ethereum L2 project with a $2.3 billion treasury, has launched its new liquid staking protocol, Mantle LSP. The protocol, the second core product in the Mantle ecosystem, allows users to stake their ETH to receive $mETH tokens, which they can use to earn yield. The main Mantle Network, which was launched in July, currently holds over $220 million in deposits.