Mantle
Staking
Mantle is a permissionless, non-custodial ETH liquid staking protocol deployed on Ethereum and governed by Mantle.
Risk Rating
Average
Protocol Code Quality
Protocol Maturity
Protocol Design
Summary
Information
Exploit/Hacks
None
Info
- Website
- Token: MNT
- Tags: Staking
Key Metrics
- TVL: $1.6B (Rank #16)
- TVL Ranking by Staking: #0
- Blockchain: Ethereum
- Chain TVL
- Ethereum: $1.62B
Risk Assessment
Average
Protocol Code Quality
- Code reviewed by several experienced auditors; Hexens, MixBytes and Secure3
- Public team promotes accountability
- No documented protocol hacks since launch
Protocol Maturity
- Latest protocol version launched in 2023; maturity less than six months increases technical risk as smart contracts are less battle-tested
- Top 5% by total value locked reduces risk
- Multisig wallet controls protocol upgrades
- Multisig consists of at least 4 signers, which means the protocol is less susceptible to centralization risks
- No timelock exists or no information documented, which mean a malicious actor could approve upgrades without any delay
- Low voting power concentration reduces risk
Protocol Design
- No death spiral concerns
- This protocol is susceptible to risks related to staking a token to secure a network, such as slashing events
Things to know about Mantle
Mantle Pools
