According to blockchain data analyst @ai_9684xtpa, as reported by Golden Finance, a whale with an address starting with 0xa6b withdrew 7179 ETH (worth $16.48 million) from Lido an hour ago and deposited it into the Mantle staking contract. Mantle launched its liquidity staking on December 4, 2023, and currently has a TVL of $460 million, ranking 8th in the Ethereum LSD track.

On January 6th, Merchant Moe announced on X platform that Mantle had been launched. Users can now deposit liquidity and trade in the Moe Classic AMM pool.

Mantle Stake has now integrated with the OKX Web3 wallet. Users can stake ETH on Mantle Stake through the OKX Web3 wallet plugin, participate in network staking through validator nodes, receive tokens corresponding to their staked amount in mETH form, and earn profits. Mantle Stake is an Ethereum-based, permissionless, non-custodial liquidity staking protocol launched by the Mantle DAO team, focusing on providing liquidity staking derivatives for ETH stakers.It is reported that the OKX Web3 wallet is a one-stop Web3 gateway that supports 85+ public chains, with unified apps, plugins, and web interfaces covering five major areas: wallets, DEX, DeFi, NFT markets, and DApp exploration. It also supports Ordinals market, MPC and AA smart contract wallets, gas exchange, and hardware wallet connection.

Layer 2 network Mantle has officially released data showing that its Mantle LSP liquidity staking protocol on the Ethereum mainnet has currently exceeded 150,000 ETH. The Mantle LSP staking protocol was launched at the beginning of this month, and users can stake ETH on Mantle LSP to receive mETH tokens.

Mantle Network has teamed up with HackQuest to launch Mantle Learn, a Web3 developer education platform aimed at introducing Web2 developers interested in Web3 to the field from the perspective of Mantle Network.

A core contributor of Mantle has submitted a proposal to officially recognize the bridge endpoint for the wstETH token as part of Mantle. If the proposal is approved by Snapshot, Lido DAO will serve as the proxy administrator for the wstETH token contract endpoint (including the token contract on Mantle). Lido DAO will only have upgrade permissions for the wstETH proxy contract and will not be able to manage the native bridge itself.

Mantle, the Ethereum second-layer project, announced on Monday that its new liquidity staking protocol (Mantle LSP) is now live. Mantle LSP is deployed on Ethereum and is the second core product of the Mantle ecosystem. According to L2 Beat data, the main Mantle network was launched in July and currently has over $220 million in deposits. Mantle LSP users can stake ETH on Mantle LSP to receive mETH tokens and earn profits through mETH.

The Mantle core contributor team has submitted a proposal to the Lido community to deploy wstETH on Mantle. The goal is to leverage the demand for wstETH and make it one of the core building blocks of the Mantle ecosystem and treasury core assets, in order to achieve sustainable growth of its protocol's liquidity (POL). Currently, wstETH has been deployed on Mantle through the canonical bridge and will replace the existing wstETH with a unidirectional migration pool open to users. Currently, the Mantle team has proactively deployed wstETH on the Mantle test network.The proposal suggests that Lido DAO accept ownership of the mainnet deployment of the wstETH cross-chain bridge component through formal voting.

On November 7th, Mantle Network, an Ethereum Layer2 network, partnered with Ondo Finance, a tokenized financial product platform, to launch a token called USDY that generates income supported by real-world assets. USDY is similar to USDT or USDC and is a tokenized note secured by short-term US Treasury bonds and bank demand deposits. Holders receive income generated by the underlying assets in the form of accumulated token value.

According to L2beat data, the total value locked (TVL) of Ethereum Layer 2 network Mantle Network has surpassed Starknet, with a 20% decrease in Starknet's TVL in the past 24 hours. Currently, Mantle Network's TVL has reached $126 million. Historical data shows that Mantle Network's TVL reached a record high of $129 million on October 10, 2023.