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.