Important: One more day until the end of the Methamorphosis Season 2 event 🔥
For those participating in Methamorphosis Season 2, remember to claim your rewards tomorrow (16/02). For those who haven't had a chance to participate, you can wait to join Season 3 coming soon.
During this phase, holding ETH is relatively stable with the market, but converting it to mETH and farming on Mantle is currently the most effective solution for ETH holders.
A few highlights from Season 2:
• 4% of the supply of $COOK will be used to reward Season 2
• Claim 100% without waiting for vesting at the beginning of March
• Restaking rewards for projects: @eigenlayer, @symbioticfi, @Karak_Network and @veda_labs will depend on the project's TGE
• Safe wallet users grant permission to EOA addresses to receive rewards when claiming from the cmETH Restaking event
• The Methamorphosis Season 3 event will start soon and introduce many new products
• cmETH is the only LRT asset that allows users to Restake across multiple protocols such as: EigenLayer, Symbiotic, Karak, and Veda
• Don't miss the opportunity to farm $COOK for free as $COOK is currently quite undervalued. Additionally, you can join COOK Feast to receive more rewards
In comparison with other protocols, the growth room for $COOK is still quite large:
• COOK ($15M) x mETH Protocol TVL ($1.4B) ≈ 93 times
• LDO ($1.6B) x Lido TVL ($26.8B) ≈ 16 times
• ETHFI ($251M) x https://t.co/klrDLGBJrR TVL ($7B) ≈ 27 times
• RPL ($130M) x Rocket Pool TVL ($2.15B) ≈ 16 times
During this phase, the market is quite dull, instead of holding ETH to gamble in meme arenas and losing all capital, you can choose to farm on Mantle which is more relaxed and carries less risk.
Many events will take place in the @Mantle_Official ecosystem in March. Let's go farm with Richard.