mETH Protocol Tokenomics Overview
Full mETH Protocol tokenomics breakdown: COOK token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateOctober 28, 2024
Max Total Supply5,000,088,500
Total Supply5,000,000,000
Transparency
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COOK Tokenomics FAQ
Key questions and answers about mETH Protocol tokenomics.
What is the token allocation for COOK?
mETH Protocol token distribution allocates 5,000,088,500 COOK across 3 primary stakeholder groups:
- Community: 59.00% (Future Initiatives (Community) 45.67%, Puff 5.00%, Mantle Methamorphosis (Season 1) 4.00%)
- Foundation: 31.00% (Future Initiatives (Treasury) 26.00%, mETH Protocol 5.00%)
- Insiders: 10.00% (Core Contributor Team 10.00%)
What is the vesting schedule for COOK?
COOK uses variable cliffs and vesting schedules that change depending on the allocation:
- Future Initiatives (Community): N/A
- Future Initiatives (Treasury): N/A
- Core Contributor Team: 12 Month Cliff, 36 Month Linear Vesting
- mETH Protocol: 100.0% at TGE
- Puff: 100.0% at TGE
- Mantle Methamorphosis (Season 1): 100.0% at TGE
- Growth Campaigns: 100.0% at TGE
- Puff NFT: 100.0% at TGE
- Binance Web3 Wallet Campaign: 100.0% at TGE
- Stash Campaign: 100.0% at TGE
- Bybit Web3 Wallet Campaign: 100.0% at TGE
- Journey to Methamorphosis Quests: 100.0% at TGE
- Bybit New Users Campaign: 100.0% at TGE
How many COOK tokens unlock at TGE?
18.3% of the total supply (916,516,222.05 COOK) is unlocked at TGE, with the tokens split between Community and Foundation.
What is the total supply and circulating supply of COOK?
mETH Protocol has a total supply of 5,000,088,500 COOK, of which 960,000,000 COOK (19.2% of total) is currently circulating.
What is the token emission schedule for COOK?
Total length of the full mETH Protocol emission schedule is 4 years, with 18.33% released in Year 1, while the remaining 10.00% is released over the following 3 years.
What percentage of COOK is allocated to the community?
59% of the mETH Protocol supply is allocated to community focused pools such as Future Initiatives (Community), Puff, Mantle Methamorphosis (Season 1), and Growth Campaigns.
What is mETH Protocol (COOK)?
The mETH Protocol by Mantle revolutionizes Ethereum (ETH) staking with a permissionless and efficient framework designed for enhanced returns and streamlined usability. With mETH and cmETH as its core tokens, the protocol delivers an innovative approach to staking and governance. mETH, an ERC-20 token, accrues ETH staking rewards, enabling users to stake Ethereum and effortlessly earn rewards. Furthermore, holders can redeem mETH for both their staking principal and accumulated gains at any time. A unique addition to the system, cmETH represents a 1:1 restaking token that diversifies Ethereum staking across various platforms. This diversification approach maintains a balance between potential higher yields and minimized risks, offering a safer yet optimized staking reward system for users. The mETH Protocol seamlessly integrates with decentralized finance (DeFi) ecosystems, allowing participants to leverage their staking rewards across an array of DeFi tools such as liquidity provisioning, lending, and more. At the heart of the protocol's governance is the COOK token, which empowers token holders to make critical decisions regarding protocol upgrades, fund allocation, and strategic shifts. By utilizing COOK governance, the protocol ensures a decentralized decision-making framework, further aligning with the ethos of blockchain technology. Designed for users seeking efficient Ethereum staking solutions with the flexibility of DeFi and strong governance mechanisms, the mETH Protocol stands out as a trailblazer in simplifying ETH staking while maximizing returns. Stay ahead in the DeFi evolution with mETH and COOK tokenomics, enabling sustainable growth and user-led governance.
