cmETH is a liquid staking derivative (LSD), representing restaked mETH. Users can hold or utilize cmETH within Mantle-based DeFi protocols to earn yield or provide liquidity.
Restaking mechanism: Users stake mETH via the Mantle staking smart contract, which mints cmETH as a derivative token. This token can then be used within Mantle's ecosystem, while the users' mETH is committed to securing other networks, which generates tokens in return.
