What is Mantle Network?​

Mantle is building the largest sustainable hub for on-chain finance. Through its core products — Mantle Network, mETH Protocol, Function and Index Fund — Mantle is building banking for the next generation by leveraging the transformative power of blockchain.

Anchored by the Mantle Treasury, the largest community-owned treasury in the ecosystem, Mantle ensures robust liquidity and financial stability.

Mantle mETH Protocol Airdrop Details​

The Mantle mETH Protocol has launched Season 3, called “Methamorphosis,” which includes potential token rewards in the form of $COOK tokens. This season follows a successful Season 2 that saw significant growth in cmETH supply (214% increase). The current airdrop campaign focuses on restaking mETH for cmETH to receive “Powder” points that will later be redeemable for $COOK tokens.

Season 3 introduces several new features, including multi-chain functionality, a referral program for additional rewards, and new integrations like HyperEVM via the HyperETH Vault. The campaign will run for 180 days, ending on September 22, 2025, providing users with ample opportunity to participate and accumulate Powder for potential $COOK token rewards.

Step-by-Step Guide:

How to Participate in the Mantle mETH Protocol Season 3 Airdrop​

1. Navigate to the official mETH Protocol website and connect your wallet.
2. Install MetaMask or another EVM-compatible wallet that supports Mantle Network.
3. You’ll need ETH to convert to mETH. If you don’t have ETH, you can purchase it from Binance or other exchanges.
4. Follow the platform instructions to stake your ETH and receive mETH tokens.
5. On the dashboard, find the option to restake your mETH to receive cmETH tokens.
6. Enter a referral code if you have one to earn additional Powder rewards. Note that once submitted, this code cannot be changed.
7. Monitor your Powder accumulation directly on the dashboard once indexing is complete.
8. Maintain your cmETH position throughout the season to maximize Powder rewards.
9. When distribution details are announced, follow the instructions to claim your $COOK tokens based on accumulated Powder.

Maximizing Your Rewards in Season 3​

To optimize your potential rewards during Mantle’s mETH Protocol Season 3, consider these strategies:

• Multi-chain deployment: Take advantage of cmETH positions across all supported chains, as all positions are eligible for Powder incentives.
• Early participation: Join the campaign early to maximize the duration of your participation and accumulate more Powder.
• Regular monitoring: Check the dashboard frequently for updates on your Powder accrual and any new features or promotions.
• Utilize the referral program: Share your referral code with others to earn additional Powder rewards, boosting your potential $COOK allocation.
• Explore partner protocols: Look into new integrations like the HyperETH Vault via HyperEVM that might offer additional benefits.
• Maintain your position: Avoid withdrawing your cmETH before the season ends to ensure maximum reward accumulation.

Frequently Asked Questions​

What is $COOK and how is it related to Mantle?​

$COOK is the anticipated token associated with the mETH Protocol. While complete details about tokenomics and utility have not yet been fully released, it will likely play a role in the governance and incentive structure of the mETH ecosystem within the broader Mantle Network.

Can I participate if I already have cmETH from Season 2?​

Yes, existing cmETH holders will continue to earn Powder rewards in Season 3. There’s no need to unstake and restake your position.

How will Powder be converted to $COOK tokens?​

The exact conversion mechanism has not been announced yet. The mETH Protocol team will provide further details on distribution and reward claims at a later date.

Is there a minimum amount required to participate?​

There is no officially announced minimum requirement, though transaction fees should be considered when determining your participation amount to ensure cost-effectiveness.

Can I withdraw my cmETH before the season ends?​

Yes, you can withdraw your cmETH at any time. However, doing so may affect your Powder accrual and subsequent $COOK rewards. For maximum benefits, maintaining your position throughout the entire season is recommended.

Conclusion​

Mantle’s mETH Protocol Season 3: Methamorphosis presents an opportunity for users to participate in a growing ecosystem and potentially earn $COOK tokens through the Powder rewards system. By restaking mETH for cmETH and holding throughout the 180-day season, participants can accumulate Powder points while enjoying liquid staking yields.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

• Airdrop Link: Join the campaign

• Total value: n/a

• Airdrop confirmed

• Platform: ownchain

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