MethLab

MethLab is a fixed-rate, fixed-term lending protocol on Mantle where borrowers take funds at an agreed rate and repay at maturity with no liquidation line in between; lenders lock in yield in advance and receive the collateral at an agreed discount if repayment fails.

The protocol leans on oracles as little as possible: the borrowing price is denominated in units of collateral, the conversion between collateral and debt is fixed at execution, and external quotes are read only in extreme cases. Delegated Lender Vault abstracts loan terms into configurable parameters and Strategy contracts execute them, with setups such as mETH Lab and MNT Station built from the same template so different asset pairs reuse one settlement logic. With no interim liquidation the repayment burden falls on the maturity date, and early repayment is allowed with interest charged for actual days; a lender may assign an unmatured claim to another participant at a price the two sides agree. Collateral is registered per loan, which makes settlement at maturity straightforward.