Join the next growth phase of mETH Protocol by getting your hands on some $COOK!

Although time is running out to claim your share of Season 1 $COOK allocation, there's still time to get involved. If you feel like you're behind, don't worry — we've put together a handy guide to help you maximize your $COOK holdings.

Season 1 $COOK allocation is divided into four sections, offering users multiple opportunities to build their $COOK stack.

1. Season 1: Methamorphosis — 5% (250,000,000 tokens)
2. Mantle Rewards Station — 4% (200,000,000 tokens)
3. Puff— 5% (250,000,000 tokens)
4. Puff NFT — 1% (50,000,000 tokens)

In addition to the four strategies mentioned above, keep an eye on the Methamorphosis campaign page, where you'll find all the latest Methamorphosis campaigns.

1. Season 1: Methamorphosis

Throughout Season 1: Methamorphosis, $mETH holders have the opportunity to accumulate Powder rewards, which are convertible to $COOK once it becomes available.

There are several Methamorphosis partners across both layer-1 (L1) and layer-2 (L2) applications. Here's how you can get involved.

• (1) Earn Powder on Mantle L2

Provide liquidity to Season 1: Methamorphosis liquidity pools.

One of the most effective ways to accumulate Powder within Season 1: Methamorphosis is by providing liquidity to incentivized liquidity pools (LPs). For a complete list of eligible LPs, please visit the Methamorphosis campaign page.

Earn 20x Powder/Day per $mETH on Stargate by following these 3 simple steps:

• Connect your wallet.
• Navigate to the V2 $mETH Pool which can be found under the "Pool" tab.
• Enter the amount of liquidity you wish to provide and select "Add Liquidity" and confirm the transaction.

Once you've followed those 3 steps, all you have to do is sit back and watch your Powder rewards rise. Users can monitor their Powder holdings via the Methamorphosis campaign dashboard.

For a guide on how to provide liquidity to Merchant Moe for 40x Powder/Day per $mETH, be sure to check out our Season 1: Methamorphosis Spotlight #2 — Merchant Moe & Stargate guide.

Deposit on Mantle L2 applications

$mETH holders have multiple avenues to accumulate Powder, beyond just providing liquidity. They can also earn Powder by depositing on various Mantle L2 applications.

Deposit on INIT Capital to make 20x Powder/Day per $mETH:

• Navigate to the $mETH market page and connect your wallet.
• Enter the amount of $mETH you wish to deposit and confirm by clicking "Open Position."

For the more adventurous, you can boost your Powder earnings by participating in mETH looping strategies, found under the "Hook" tab at the top of the screen.

• Select the amount of $mETH you want to deposit and choose the amount of leverage you wish to use.
• Click "Open Looping Position" to confirm the transaction.

*Disclaimer: Users that adopt looping strategies will be leveraged long on the asset they are looping and run the risk of liquidation. Please ensure you understand the risks associated with looping and manage your risk accordingly.

Hold $mETH on Mantle Network

Those who prefer a more hands-off approach, you can still accrue Powder rewards simply by holding $mETH in your wallet on Mantle Network.

Check out our complete guide on how to get $mETH here, and start earning Powder rewards today!

• (2) Earn Powder on Ethereum Layer 1

If you have idle $mETH on L1, there are also ample opportunities for you to get your hands on some Powder.

Visit the Methamorphosis campaign page to explore the opportunities available on Ethereum Layer 1.

• (3) Discover the latest $COOK initiatives on Bybit

In addition to the opportunities listed above, we've joined forces with Bybit to give the community more chances to earn $COOK.

Explore our Season 1: Methamorphosis Spotlight #1 — Bybit guide that walks you through the entire process.

2. Mantle Rewards Station

Lock $MNT on Mantle Rewards Station and earn $COOK.

Currently, since the mETH Protocol pool is the only active pool within Mantle Rewards Station, all MNT Power (MP) will automatically be assigned to it, making the process of earning $COOK even more seamless.

Lock Now

Here's how it works:

• Visit Mantle Rewards Station and connect your wallet.
• Enter the amount of $MNT you want to lock and select the lock-in period.

The longer users lock in their $MNT, the more MP they receive, and the more rewards they earn!

• Click "Lock" to finalize the transaction.

For an in-depth guide on how to lock $MNT on Mantle Rewards Station, visit here.

3. Burn $PUFF, Earn $COOK

Throughout Puff project's various chapters, it's apparent that $PUFF has been widely distributed among $mETH L2 holders. Given this strong alignment, 5% of the total $COOK supply has been allocated to the Puff project and its loyal $PUFF holders!

However, now $PUFF holders face a dilemma. They must decide whether to burn their $PUFF for Acid, which will be convertible to $COOK, or hold on to their $PUFF to maintain their exposure to the ever-evolving MethLabs. The choice is yours!

Visit the Puff Penthouse to swap into $PUFF for a chance to stake your claim on the 250,000,000 $COOK tokens available to $PUFF holders who decide to burn their tokens.

Stay up to speed with the latest developments with $COOK and the Puff project by following their X/Twitter!

4. Acquire $COOK by Holding Puff NFTs

Finally, 50,000,000 $COOK tokens will be distributed to Puff Dragon NFT holders.

Join the Puff Dragon community and get your NFT on marketplaces such as Element and Lootex!

There you have it! Now you have all the information you need to be part of the next growth phase of the mETH Protocol and earn some $COOK. More information on Season 1 $COOK campaign rewards allocation can be found here.