The mETH Protocol has launched the COOK Feast event, where locking up COOK allows participation in the distribution of 200 cmETH rewards
On November 22, the mETH Protocol launched the COOK Feast event. By locking up COOK, participants can obtain COOK Power and share in a prize pool of 200 cmETH. Users can withdraw their funds at any time or choose to lock them for a fixed period to increase rewards.
The aim of the COOK Feast is to reward community members' support by allowing COOK holders to increase their cmETH and encouraging long-term participation in the ecosystem.
It is reported that COOK is the governance token of mETH Protocol with a total supply of 50 billion tokens and an initial circulating supply of 9.16 billion tokens.
According to RootData, mETH Protocol is a permissionless, non-custodial ETH liquidity staking protocol deployed on Ethereum L1 and managed by Mantle. Users stake ETH to get mETH. By unstaking mETH, they can retrieve their original principal amount of staked ETH along with accumulated rewards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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