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.

The best mETH Protocol wallet should balance both security and ease of use.

With a mETH Protocol wallet, you can not only securely store and manage (token name), but also freely conduct cross-chain transactions, participate in DeFi protocols, and interact with DApps.

mETH Protocol wallet provides real-time transaction tracking, open-source and transparent security mechanisms, and a smooth experience on the mETH Protocol network, giving you complete control over your crypto assets.

1. Download wallet: Visit the OneKey official website and download the OneKey App for macOS, Windows, iOS, or Android.

2. Create wallet: Open the App, select "Create New Wallet" or "Connect Hardware Wallet".

3. Backup wallet: Safely write down the recovery phrase and store it offline. We never upload or save your recovery phrase.

4. Deposit mETH Protocol: Copy the wallet address and transfer mETH Protocol from an exchange or another wallet.

All private keys are generated and stored offline on the device, giving you complete control over your assets.

1. Send mETH Protocol: Enter the mETH Protocol address and amount, then confirm the signature in the App. The transaction will be broadcast to the blockchain immediately after completion.

2. Receive mETH Protocol: Click "Receive" to get the wallet address, share it with the sender, and you can view the balance in real-time in the App after receiving the tokens.

3. Manage assets: Track transaction history, access DeFi protocols, or perform cross-chain operations in the mETH Protocol wallet, all in one App.