Season 1: Methamorphosis Spotlight #7 - Vertex

09/13/242 min read

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COOK

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mETH Protocol

Season 1: Methamorphosis Spotlight #7 - Vertex

Deposit $mETH on Vertex to accrue 20x Powder/Day per $mETH.

Another week, another opportunity to earn Powder within Mantle Ecosystem. This week, we're focusing on another exciting Mantle Showcase Application, Vertex.

Vertex is a vertically integrated DEX that combines spot trading, perpetual contracts, and decentralized money markets into one seamless application. Thanks to its hybrid orderbook-AMM design, Vertex delivers low-latency trading and efficient liquidity utilization across a wide range of DeFi assets. Currently, users can earn 20x Powder per $mETH by depositing into Vertex's money market. Here's how.

Accumulate 20x Powder/Day per $mETH on Vertex in a Few Simple Steps\

Step 1

  • Navigate to Vertex's "Lend/Borrow" page under the "Earn" tab.
  • Connect your wallet.
  • Select "Deposit" on the $mETH market.

Step 2

  • Enter the amount of $mETH you want to deposit.
  • Select "Approve."

Step 3

  • After the transaction is approved, select "Deposit" to finalize the transaction.

Gas fee reminder 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.

There you have it. Once you've followed those 3 steps, you're on your way to increasing your $COOK stack.

Users are free to withdraw their $mETH at any time, thanks to Vertex's flexible money markets!

As the $COOK TGE fast approaches, there's limited time left to earn as much Powder as possible. Be sure to keep an eye on the Methamorphosis campaign page to stay updated with the latest initiatives. And don't forget to follow the mETH Protocol and Mantle X/Twitter pages for more updates!


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