Mantle LSP

Introduction to Mantle LSP and mETH

Mantle LSP is a permissionless, non-custodial ETH liquid staking protocol deployed on Ethereum L1 and governed by Mantle. It allows users to stake ETH to receive mETH and unstake mETH to receive the underlying principal staked ETH and accumulated rewards. mETH, which stands for Mantle Staked Ether, is a value-accumulating and permissionless ERC-20 receipt token that can be easily adopted by applications.

 Key Features

- **Highly Rewarding mETH Experience**: mETH aims to become the most widely adopted and capital-efficient ETH staking token. It prioritizes adoption by Mantle L2 DeFi applications, Mantle L2 core technology partners, and centralized exchange partners.

- **Simple and Modern Architecture**: It utilizes a modern design following the Ethereum Shanghai Upgrade, with an emphasis on the integrity of the ETH : mETH process on L1, without added complexities from other PoS tokens and chains.

- **Robust Risk Management**: Core smart contracts and off-chain services are non-custodial, ensuring that the staked ETH remains within protocol-defined smart contract addresses. Core smart contracts enforce sanity bounds and risk limits.

 Mantle LSP as a Core Product of Mantle

Mantle LSP adheres to Mantle Governance process, has access to Mantle Treasury resources, leverages Mantle’s engineering and growth capabilities, and enjoys synergies with Mantle Ecosystem products and applications.

 Resources for Users and Developers

- **Node Operators and Auditors**: These resources provide in-depth information for node operators and auditors involved in the maintenance and security of the protocol.

- **Documentation**: Comprehensive documentation offers insights into contract functions and protocol specifications.

- **Staker's Guide to mETH**: This guide enables users to stake and unstake ETH easily on Mantle's Liquid Staking Protocol (LSP) through a simple tutorial.

- **EigenLayer Points for mETH Holders**: It explains how mETH holders can boost their rewards with ongoing EigenLayer Points on Mantle Network.

This article provides an overview of Mantle LSP and mETH, highlighting its features, risk management, and its integration within the broader Mantle ecosystem. It aims to guide both users and developers in understanding and utilizing the protocol effectively.