Lido officially launches wstETH on Mantle Network—here's a guide to bridging
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Lido officially launches wstETH on Mantle Network—here's a guide to bridging
With Mantle, users and developers can interact with Web3 applications in a fast, low-cost environment.
Navigating Web3 tides with focused insightsAuthor: Lido
Translation: TechFlow
The Lido team recently announced the official launch of wstETH on the Mantle network, marking a significant expansion into the Ethereum ecosystem. This collaboration between Lido and Mantle not only strengthens the unity of the Ethereum ecosystem but also provides users in the L2 space with more choices and stability.
Lido-Staked ETH Can Now Be Bridged to the Mantle Network Ecosystem
Lido contributors are pleased to announce the official launch of Lido's wstETH on the Mantle network.
Mantle is an Ethereum Virtual Machine (EVM)-compatible Layer 2 (L2) solution for Ethereum. Since its launch, the Mantle network has processed nearly 50 million transactions across 1.7 million wallet addresses. Governed by a DAO and built around the MNT token, Mantle hosts a robust ecosystem of applications that ETH stakers can benefit from, with over $300 million in total value locked (TVL).
Related links:
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To view the original bridge proposal, click here.
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To bridge your wstETH to Mantle, click here.
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For tutorials and instructions, click here.
What Is Mantle?
Mantle Network is a novel EVM-compatible L2 technology stack designed specifically to scale the Ethereum network. With Mantle, users and developers can interact with Web3 applications in a fast, low-cost environment. Developed with a modular architecture, Mantle integrates optimistic rollup protocols and a unique data availability solution to enable Ethereum security inheritance while improving data accessibility.
Bridging to Mantle
Bridging to Mantle is simple—you can transfer your staked ETH in minutes. Here’s how:
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Visit bridge.mantle.xyz and connect your wallet
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Select the amount of wstETH you wish to deposit
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If prompted, approve the bridge interaction with your tokens. A small ETH gas fee is required for approval
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After confirming the bridging details, proceed with the deposit
Once this transaction is complete, your wstETH will be available on Mantle. For any issues or questions, please refer to the Mantle Bridge Guide.
Frequently Asked Questions
How do I view my wstETH balance on Mantle in my wallet?
If your wallet does not automatically detect your wstETH, you can manually import wstETH using the contract address 0x458ed78EB972a369799fb278c0243b25e5242A83.
Are there fees for bridging?
Network fees are required to cover gas costs on both Ethereum and Mantle. No additional dedicated fees apply when using the native Mantle bridge.
How long does bridging take?
Deposits to Mantle typically take about 12 minutes. Withdrawals from Mantle back to Ethereum take approximately 7 days.
Do I need MNT to withdraw wstETH from Mantle?
Yes, you must initiate a wstETH withdrawal on Mantle, which requires some MNT as L2 gas. New Mantle users will receive MNT rewards sent to their address after depositing any token from Ethereum (e.g., wstETH).
What’s Next?
The integration of Lido's wstETH on Mantle opens exciting opportunities for users within both the Lido and Mantle ecosystems. In the coming weeks, Mantle users can expect to use their wstETH across multiple Mantle-based applications, including lending, liquidity mining, indexing, and more.
This collaboration represents a significant step toward unifying the Ethereum ecosystem, enhancing stability, and expanding the range of options available to users in the L2 space.
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