Even though the market is looking rough at the moment, there’s still a DeFi opportunity worth checking out!
@mETHProtocol launched Season 3 of Methamorphosis recently, offering more ways to earn rewards.
They’re a liquid staking and restaking protocol on Mantle, allowing you to stake
$ETH for
$mETH and restake for
$cmETH to earn multiple yield streams.
Season 3 expands
$cmETH across ecosystems like HyperEVM [Interaction with
@HyperliquidX's L1] , with
$COOK rewards available.
Here’s what you can earn with
$cmETH:
- ETH Staking Yields: Approximately 3-4% APY via
$mETH.
- Restaking Rewards: From protocols like EigenLayer, Karak, and Symbiotic.
- Powder Points: Redeemable for
$COOK, mETH’s governance token.
- Partner Rewards: Points from infrastructure partners like Veda, plus dApp yields on Mantle, HyperEVM, and more.
Here’s how to join Season 3 and claim rewards:
Go over here to
app.methprotocol.xyz/campaig… and connect your wallet.
Stake your
$ETH to get
$mETH, then restake for
$cmETH.
Deposit
$cmETH into the HyperETH Vault at
meth.mantle.xyz to earn multi-protocol incentives.
Season 3 runs for 180 days, ending September 22, 2025, with over 235K
$cmETH in supply already (a 214% increase from Season 2).
Go to
app.galxe.com/quest/mETHProt… and complete quests to earn extra Powder Points.
That’s all for now. I’ll keep you updated!