Ethereum Layer 2 Mantle Renames Liquid Staking Protocol To mETH

Quick Summary:

Mantle, an Ethereum Layer 2 network, has changed the name of its liquid staking protocol from Mantle LSP to mETH Protocol.

This follows the increased use of $mETH token, a liquid staking asset for Ethereum, and the adoption of MIP-30 which has strengthened the protocol’s standing in the market.

Furthermore, $COOK has been introduced as the governance token for the mETH Protocol.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: Ethereum Layer 2 24/7 Cryptocurrency News Mantle Price Ethereum News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 17:02:17 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22182616

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