ETH Shortcut to mETH by Mantle (earning 7.2% APY)

Hi there,

I’ve been enjoying the 2x boosted yield for mETH (an LST by Mantle that is subsidized by staking in their massive ETH treasury). So you just deposit ETH and instead of 3.7% you get 7.2% APY.

  • Deposits ETH into mETH
  • Mantle L2
  • Once the mETH is created, you’ll be able to use this in Mantle L2 dapps as collateral or in an LP.
  • Shortcut Complexity Score = 1
  • Proposed fee = 0.03%, keep it low

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Thank you for the detailed post DeFi_Dad, we’ve successfully deployed this Shortcut