Mantle, Ethereum’s Layer 2 platform, launched Mantle LSP, a liquid staking protocol. It positions itself among top providers, competing fiercely for the third spot in liquid staking volume, challenging rivals Lido and Rocket Pool.
This Monday, Ethereum’s Layer 2 platform Mantle announced the launch of Mantle LSP “a permissionless, non-custodial ETH liquid staking protocol”. This marks the second key product from the Mantle ecosystem following the main Mantle network released in July 2022.
Mantle LSP allows platform users to stake ETH in exchange for $mETH tokens. According to the company, $mETH tokens also enable users to generate returns. “mETH aims to become the most widely adopted and capital-efficient ETH staking token. Adoption priorities include Mantle L2 DeFi applications, Mantle