Mantle Staked Ether (METH) is an ERC-20 token representing staked Ethereum within the Mantle ecosystem, a project leveraging Ethereum's layer-2 technology for enhanced scalability and efficiency. METH allows users to participate in network security through staking while retaining liquidity to engage in decentralized finance (DeFi) applications on Mantle's Layer 2 platform. The creation and governance of METH and the Mantle ecosystem are overseen by a decentralized community of $MNT token holders, responsible for strategic decisions and resource management.
