Staking

stakefish Joins Mantle as Node Operator for Ethereum Liquid Staking Protocol

stakefish

07 Dec 2023 — 2 min read

stakefish is proud to announce support for Mantle Ethereum Liquid Staking Protocol (Mantle LSP) as one of the four genesis node operators.

Mantle Staked Ether (mETH) acts very similarly to Lido’s staked ether (stETH). Here’s the basics of what you need to know:

Stake ETH with Mantle LSP to instantly receive mETH;
Unstake mETH to reclaim the initially staked ETH and accumulated rewards.

What is the Mantle Liquid Staking Protocol?

The Mantle Liquid Staking Protocol is a permissionless, non-custodial Ethereum Liquid Staking Protocol (LSP). The second of its core products, the introduction of the staking service represents Mantle’s expansion following the deployment of its Ethereum Layer-2 network. This new protocol deployed on the Ethereum and Mantle networks introduces a new Ethereum liquid staking solution, mETH.

The liquid staking protocol allows the pooling of Ethereum deposits from stakers where they will be able to receive a share of rewards generated by the Ethereum network.

When stakers choose to stake with Mantle LSP they receive mETH, a receipt token, which represents an underlying claim to the staked principle Ethereum and accumulated rewards. When stakers unstake their staked Ethereum from the Mantle LSP they will receive the sum of their staked ETH and rewards gained during the period in which they staked.

“Mantle is uniquely positioned as a yield powerhouse to bring best-in-class native yield to its ecosystem and community with its various yield-growing offerings, helmed by Mantle LSP and its native token mETH. The Mantle-stakefish alliance is set to further accelerate the adoption of Mantle LSP and take its place as one of the leading liquid staking products in the market,” said Zuki Hong, Infra Growth Lead at Mantle.

“We're thrilled to join forces with Mantle, a pioneering decentralized autonomous organization (DAO). As stakefish, a trusted validator with over $2 billion in staking assets, we're excited to contribute our expertise to enhance Mantle's Ethereum-based ecosystem. This collaboration marks a significant step towards advancing decentralized governance and fostering broader adoption” says Quoc Le, Head of Product at stakefish.

Learn more about Mantle LSP's system components, risk management, and security on their website.

Stake with confidence with stakefish

With over 800k Ethereum staked and over $2 billion in assets staked, stakefish is a leading validator for Proof of Stake blockchains. Our mission is to secure and contribute to this exciting new ecosystem while enabling our users to stake confidently.

Learn more about non-custodial Ethereum staking and the 20+ other networks we support at stake.fish.

For updates and special announcements, follow our Twitter (@stakefish 🐠) and join our community on Telegram.

stakefish Product Recap 2024

Overview We would like to share our company’s product recap for this interesting and exciting year in crypto. Stakefish has a rich history in the blockchain space. Operating since 2018, we have been dedicated to adding support for networks and improving the staking experience for our stakers. 2024 continued

How to Create a MultiSig Wallet and Stake on Solana using Squads

Overview A multisig (short for multi-signature) wallet is a crypto wallet requiring more than one signature to authorize transactions, making it ideal for secure team resource management. Squads is an open-source smart contract wallet standard on Solana, built to help teams and organizations easily manage their digital assets. This guide

Ultimate guide to staking SUI with stakefish

Introduction stakefish, one of the world’s leading staking pools, offers friendly SUI staking for maximum rewards. The Sui Network is a layer-1 blockchain focused on scalability and low-latency transactions, utilizing the Move programming language. It was developed by Mysten Labs, founded by former Meta engineers, including Evan Cheng, who

How to Claim Rewards from AVSs on EigenLayer

EigenLayer is an innovative middleware protocol built on Ethereum, designed to unlock a powerful new feature called restaking. With restaking, users can simultaneously take their staked ETH or Liquid Staking Tokens (LSTs) and extend their utility across multiple networks and protocols. This means you can secure additional decentralized services without