Announcements GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering: mETH Protocol (COOK) and Only GT Subscription Rules Announcement( 3,500,000 COOK free of charge)

GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering: mETH Protocol (COOK) and Only GT Subscription Rules Announcement( 3,500,000 COOK free of charge)

2024-10-29 04:31:32 UTC 17568 Read

COOK/USDT -2.66%

[//]:content-type-MARKDOWN-DONOT-DELETE

This mETH Protocol (COOK) will only be available for GT subscriptions. Please be aware that the participation users' funds will not be deducted at the end of this mETH Protocol (COOK) Subscription.

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1945" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Click to Subscribe</span></strong></div></a></div>

Introduction to mETH Protocol (COOK):

Deployed on Ethereum layer 1 (L1) and governed by Mantle, mETH Protocol has, since late 2023, been providing users with access to $mETH, a value-accumulating receipt token that is highly composable across a range of DeFi applications on Mantle Network L2, offering exposure to additional yield-bearing opportunities. Users stake ETH with mETH Protocol and receive yield-bearing $mETH, and unstake $mETH to receive the underlying principal staked ETH and accumulated rewards.

Since the inception of mETH Protocol, Mantle's mission has been to deliver the most user-friendly and rewarding $mETH experience. Thanks to ecosystem-wide adoption, $mETH users are able to trade on Mantle DEXs, earn yield by providing liquidity to $mETH liquidity pools, and generate yield within decentralized money markets. With $mETH's increasing adoption and composability within Mantle Ecosystem dApps, the protocol now ranks as the fourth largest ETH LSP by TVL. The introduction of $cmETH, a permissionless, composable liquid restaking token that unlocks restaking opportunities on Mantle, and $COOK, the protocol's upcoming governance token, mETH Protocol enters its next phase with further enhanced offerings. Through these features, mETH Protocol provides its users with capital efficiency, convenience, and a wide range of yield-bearing opportunities within Mantle Ecosystem dApps, all in a design that has been created to maximize security with non-custodial core smart contracts and off-chain services that enforce sanity bounds and risk limits.

(The information below is provided by the mETH Protocol (COOK) team. Please follow mETH Protocol (COOK) for more information）

Token Information
Token Name: COOK
Token Symbol: COOK
Max Supply: 5,000,000,000
Token Type: ERC-20
Smart Contract Address: https://explorer.mantle.xyz/token/0x9F0C013016E8656bC256f948CD4B79ab25c7b94D
https://etherscan.io/token/0x9F0C013016E8656bC256f948CD4B79ab25c7b94D
Token distribution ratio and unlocking rules:
Core Contributor Team: 10%，12 months cliff, 3 months vesting;
mETH Protocol Community：60%;
Mantle Treasury：30%.

Website: https://www.mantle.xyz/meth
Whitepaper: https://docs.mantle.xyz/meth

mETH Protocol (COOK) Startup Subscription Rules：
(1) Duration: 05:00 AM October 29th, 2024- 07:00 AM October 29th, 2024 (UTC) (Orders placed by qualified users within these 2 hours will be treated equally)
(2) Trading Starts Time：10:00 AM October 29th, 2024 (UTC)
The Trading Pair: COOK/USDT
(3) Subscription Token: GT
(4) Subscription Price: $0 GT
(5) Subscription Total: 7,777 GT
(6) Startup Total Supply: 3,500,000 COOK
(7) Unlock rule: 100% Unlock
(8) Participation Requirement:
1.Users participating in the GT Holder-Exclusive Airdrop will no longer be required to have an average GT holding of not less than 10 GT in the past 14 days. Holding 10 GT when participating will be eligible.
2.Your asset balance will be detected during token distribution. Please ensure your asset balance of not less than 10 GT, otherwise, it may result in subscription failure.
3.The available shares of each project vary for different projects. Please refer to the project announcement or the available shares when participating.
Participate in Startup now: https://www.gate.io/startup
(9) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
Please Note: Multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

**How to Participate**
Log in to your Gate.io account → Navigate to the [Startup page ](https://www.gate.io/startup "Startup page ")→ Ensure your GT holding is no less than 10 GT → Participate in the subscription.

**Notes:**
1.Other rules remain unchanged, please refer to: https://www.gate.io/article/36145
2.New rules take effect from 00:00AM April 25th, 2024 (UTC+0). The Web version has been updated and please update your App to the latest version (6.2.0).
3.GateToken (GT) is the unique exchange token of Gate.io exchange and the native token to Gatechain public chain. Hold GT and claim exclusive free airdrops now: https://www.gate.io/trade/GT_USDT
4.Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
5.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
6.Gate.io reserves all rights to the final explanation.
7.This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the [User Agreement](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.

**Gate.io Labs Investment Disclosure**
Gate.io Labs did not invest in mETH Protocol (COOK).

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(2) Risk Warning:
-The project team does not guarantee that token price will not be lower than its startup sale price. Please invest with caution, and don’t invest beyond your financial capacity.
-The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
-Advanced technical and financial knowledge is required to understand, and evaluate the inherent risks of crypto-asset investment.
-The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
-Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.
(3) Requirements for participants
-The participant should register on Gate.io and Log in;
-After logging in, complete user identity verification;
-Deposit a certain amount of cryptocurrencies in your gate.io account;
-Sign the Purchase Agreement on Startup before placing orders.

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Gate.io Team
Oct 29th, 2024

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GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering: mETH Protocol (COOK) and Only GT Subscription Rules Announcement( 3,500,000 COOK free of charge)

GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering: mETH Protocol (COOK) and Only GT Subscription Rules Announcement( 3,500,000 COOK free of charge)

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