mETH Protocol

Season 3: Methamorphosis COOK Allocation & Rewards Claim Details

17 Sep, 20252 min read
COOKcmETHmETHmETH Protocol
Season 3: Methamorphosis COOK Allocation & Rewards Claim Details

Season 3: Methamorphosis was designed to scale restaking and push $cmETH adoption across new ecosystems.

From chain integrations like HyperEVM to deeper collaborations with protocols across Mantle Network, the campaign focused on expanding utility and aligning with real on-chain use. By holding or using $cmETH, users unlocked yield from multiple sources, earned Powder points, and contributed to a more composable and scalable DeFi layer on Ethereum.

As Season 3 ends on Sept. 22, here’s what you need to know about the allocation of rewards and how to claim your $COOK and restaking incentives once claims open.

Season 3: Methamorphosis COOK Supply Allocation

  1. 2% of the total $COOK supply (100,000,000) is allocated to participants of Season 3: Methamorphosis.
  2. Participants constitute users who held eligible $cmETH positions across participating protocols from Mar. 26, 2025 – Sept. 22, 2025
  3. COOK allocation per user will be determined by the formula: Number of Powder per user / Total number of Powder × Season 3 $COOK Allocation (2%)
  4. Users will be able to view their total $COOK rewards on the dashboard shortly after Season 3 concludes, with the claim period scheduled to begin in October on Mantle Network. Further updates will be shared through our official channels.
  5. *Some users may still have Powder positions in the process of indexing. Balances will be retroactively added and accurately reflected before claims open.
  6. This tranche of $COOK rewards will not be subject to any vesting.

Claiming cmETH Restaking Rewards

In addition to $COOK, users holding $cmETH automatically accrue restaking rewards in the form of points across EigenLayer, Symbiotic, Karak, and Veda, retroactively credited from Oct. 30, 2024.

EIGEN reward claims are slated to go live around the same time as Season 3 COOK claims, with separate transactions required on Ethereum L1. More details will be announced soon.

Please note that the timeline and process for rewards spanning Symbiotic, Karak, and Veda claims are subject to TGE initiation by the respective teams.

For more details, please see the campaign dashboard here.