Add to Your mETH Stash to Unlock 1.8 Million COOK in Rewards

09/04/242 min read

Mantleby Mantle

COOK

mETH

mETH Protocol

Add to Your mETH Stash to Unlock 1.8 Million COOK in Rewards

From Sept. 4, 2024, 10AM UTC to Oct. 2, 2024, 10AM UTC, users have the opportunity to earn a share of 1,800,000 $COOK — the upcoming native governance token of mETH Protocol. Read on below to learn how you can secure your share of $COOK before its TGE commences.

Stake ETH For mETH Now

Let's do the mETH

Simply stake $ETH on Ethereum network for $mETH and bridge it to Mantle Network via https://meth.mantle.xyz/stake, deposit or swap $mETH on Mantle Network, or refer more friends to do so.

Please note that only net increments of $mETH on Mantle Network during the event period will be eligible for rewards. Any $mETH holdings on Mantle Network before Sept. 4, 2024 will not qualify for this additional reward (still counted for Powder accumulation, which will turn into $COOK).

Hold $mETH to Unlock 1,500,000 $COOK

Only the first 5,000 net $mETH increments will be counted in this portion of the event. Rewards will be allocated on a first-come, first-served basis, based on the first amount of $mETH you stake during the event period.

Eligible users will earn 300 $COOK per $mETH. For net increments of less than 1 $mETH, users will earn 15 $COOK per 0.05 $mETH. Snapshots of the total $mETH amount will be taken at random times during the event period.

Please note the following calculation: Average amount of $mETH during the event period minus the amount of $mETH at the time of the snapshot equals the net $mETH increments.

Therefore, withdrawing or reducing the amount of $mETH during the event can affect the result.

Snag Your Spot — Stake Now

Refer Your Friends for the 300,000 $COOK Lottery

Users who have net increments of a minimum of 0.05 $mETH on Mantle Network during the event period are eligible for referral rewards.

Every new qualified referee invited by you will earn you one (1) lottery ticket, capped at a total of 10 tickets.

*A qualified referee refers to a user who has net increments of a minimum of 0.05 $mETH during the event period. Your referral code can be found on the Methamorphosis page; share your referral code or link to your referee and have them bind the referral code on the same page.

A total of 100 winners will be randomly selected from the pool of eligible referrers, with prizes as follows:

Refer Now

Prize Distribution

Winners across both segments will be announced within 7 working days of the event's end date on Mantle's official social channels and blog.

Rewards will be sent to winners when $COOK's TGE launches. Please subscribe to @mETHProtocol and @0xMantle on X/Twitter for the latest updates.


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