With just 4 days remaining until the end of Season 1: Methamorphosis, we present the final edition of our Methamorphosis Spotlight series, featuring Lendle.

Deposit $mETH on Lendle to earn 20x Powder per $mETH daily. Discover how you can supercharge your rewards up to 100x Powder per $mETH daily.

Your Step-by-Step Guide to Earning Powder on Lendle

To get started, simply enter the amount of $mETH you wish to deposit on Lendle.

• Navigate to the $mETH market.
• Connect your wallet.

• Select "Supply."

• Enter the amount of $mETH you want to deposit and select "Supply mETH."

Please note that all gas fees are paid in $MNT, so please ensure you have a sufficient balance before proceeding. For more information on how to get $MNT, please visit here.

Once complete, your $mETH is officially deposited, and users will start accruing 20x Powder per $mETH daily.

Boost Your Powder Earnings With Looping

For those with a higher risk appetite, you can take your $mETH even further by adopting a "looping" strategy using leverage on your $mETH.

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.

After depositing your initial $mETH, users will then need to select an asset to borrow, such as WETH.

Once you're on the WETH market page, you'll find the "Your Info" section on the right-hand side. Here, you'll be able to see the amount of WETH available to borrow based on the loan-to-value (LTV) of the initial $mETH you deposited.

• Select the "Borrow" option.

• Enter the amount of WETH you wish to borrow.
• Click "Borrow WETH."
• Pay the associated gas fees.

After borrowing WETH, users will need to swap it into $mETH. This can be done by on a variety of Mantle DEXs. Discover the range of DEXs available on Mantle here.

Once you've swapped WETH for $mETH on your chosen DEX, simply repeat the process. Keep in mind users can repeat this up to 5 times, allowing them to earn up to 5x the Powder — up to 100 Powder per $mETH daily.

That concludes the final installment of the Methamorphosis Spotlight series. Now, all that's left is to accumulate as much Powder as possible before the campaign officially ends and then wait for further updates on the TGE of $COOK. To stay fully up to date, make sure you're following both @0xMantle and @mETH Protocol on X/Twitter.