Mantle Restaked Ether
Crypto Overview
Purpose and Utility
Mantle Restaked Ether (CMETH) is a liquid staking token on the Mantle Network that represents Ethereum staked through Lido. It allows users to participate in Ethereum staking while maintaining liquidity of their assets.
Business Model and Operations
The token is part of the Mantle Network ecosystem and operates by accepting ETH deposits which are then staked through Lido's staking protocol. Users receive CMETH in return, which represents their staked ETH position.
Real-World Adoption
CMETH is actively used within the Mantle ecosystem, though specific adoption metrics are limited. The token serves a clear utility purpose as a liquid staking derivative.
Platform Development
The Mantle Network maintains active development, with CMETH being an integral part of their staking infrastructure. The project demonstrates ongoing technical updates and maintenance.
Token Distribution and Governance
CMETH is minted based on ETH deposits and follows a straightforward 1:1 relationship with staked ETH. There are no concerning patterns in token distribution that would indicate founder enrichment schemes.
Crypto Impact
To assign a comfort level investing in Mantle Restaked Ether from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Mantle Restaked Ether.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.