COOK Feast Now Live — Grab Your Share of 200 $cmETH in Rewards!
11/21/242 min read
by Mantle
COOK
cmETH
mETH Protocol
From Nov. 21, 2024, 10AM UTC, to Feb. 16, 2025, 10AM UTC, users who lock their $COOK on https://meth.mantle.xyz/feast will earn a share of 200 $cmETH in rewards!
Introducing COOK Feast
It's time to feast.
Following the $COOK TGE and subsequent launches of $cmETH and Season 2: Methamorphosis, the Mantle team has seen huge support from both our users and builders.
Designed to reward our community for their contributions, COOK Feast will allow $COOK holders to grow their $cmETH stack, encouraging even greater long-term engagement in the ecosystem. With $cmETH, users can enjoy yields across multiple restaking protocols like Karak, EigenLayer, and Symbiotic. Learn more about $cmETH and Season 2: Methamorphosis here.
How to Get Started
COOK Feast will operate similarly to Mantle Rewards Station: Users who lock $COOK will receive COOK Power, which will start earning rewards.
- Acquire $COOK on supported CEXs/DEXs.
- Lock your $COOK on https://meth.mantle.xyz/feast via Mantle Network to receive COOK Power.
Users can choose to lock in 2 ways: Flexible or fixed locks.
If users opt for any fixed lock-in period, they will not be able to withdraw their assets until the lock-in period has matured. Those who choose the flexible lock option can withdraw their $COOK at any time.
While you don't have to choose fixed lock-in periods, the longer you lock — the more COOK Power you will gain, allowing you to earn more rewards.
Users will have the ultimate freedom to choose: Use the flexible and fixed lock-in features simultaneously by locking your $COOK in multiple batches. Once a fixed lock-in period matures, it will automatically convert to a flexible lock.
Rewards Distribution
Rewards will be distributed based on 4 daily random snapshots, calculated by the amount of COOK Power locked by each user. Users will be able to view their total rewards earned via their campaign dashboard.
Do note that while there will be no vesting schedule for these rewards, claims will only start after the event period ends. More details will be released at a later date.
If you have any questions, feel free to reach out to us on Mantle’s Discord, our team would be happy to help.
