Unlocking High-Yield Opportunities for Your ETH with Mantle

Put Your Ethereum to Work and Earn Passive Income with Mantle

If you’re looking to earn passive income with your Ethereum (ETH), Mantle offers a solution. Mantle is an L2 on Ethereum that provides options for staking ETH and earning yields. They claim to offer the highest yield on the market for staking ETH and provide exposure to the Mantle Network and additional yield options. There are also potential airdrops from protocols in their ecosystem.

Using Liquid Staking on Mantle Network

Mantle Network has a liquid staking protocol (LSP) that allows you to stake ETH and receive a derivative called mETH. This derivative represents the staked underlying asset, ETH, and can be used to earn extra rewards through various DeFi strategies.

Get the Current Highest Earning LST

To earn the highest yield with Mantle’s liquid staking token (LST), mETH, you have two options. You can deposit ETH to the Mantle Liquid Staking Protocol and earn mETH with a target APY of 7.2%. Alternatively, you can swap your staked ETH derivative (stETH) for mETH on NativeX DEX, which also qualifies you for potential airdrops.

Earn Double Rewards with mETH

Once you have mETH, there are several strategies available to earn double rewards. You can participate in liquidity pools on platforms like Butter Exchange and Agni Finance or deposit your mETH in Lendle Protocol. Additionally, you can join the waitlist for mETHLab, which offers more options in the future.

Conclusion

By participating in Mantle’s mETH journey, you can earn the current highest yield for your ETH and receive additional rewards from their ecosystem. However, it’s important to consider the risks involved and only invest what you can afford to lose. Joining the Mantle Journey allows you to explore these opportunities.

Hot Take: Earn Passive Income with Ethereum through Mantle’s mETH

If you’re looking to make your Ethereum work for you, Mantle offers a way to earn passive income through their mETH token. By staking your ETH and receiving mETH, you can participate in various DeFi strategies and earn double rewards. With the highest yield on the market for staking ETH, Mantle provides an attractive opportunity for crypto investors. Don’t miss out on the potential benefits of putting your ETH to work with Mantle.