It's time for our monthly wrap-up, and we're excited to share our April highlights with our vibrant community! We've had an outstanding month at Metis, marked by the successful launch of Phase 2 of the Decentralized Sequencer upgrade and the initiation of Sequencer Mining. This development allows users to engage with LST platforms and benefit from a 20% Mining Rewards Rate (MRR) during the first year.
To keep you informed, we've compiled a summary of all the major highlights for quick and easy reference. Join us as we delve into the top 5 DApps in the Builder Mining Rewards program and celebrate the remarkable achievements of this month's winners. Here's to a fantastic May filled with more success and developments!
Metis has launched Phase 2 upgrade of its Decentralized Sequencer, which now allows users to participate in block production through LST Platforms by locking their METIS tokens, thereby enabling Sequencer mining. Participants can lock tokens on platforms like Artemis Finance and Enki Protocol to earn a share of the network's revenue and directly benefit from the network's expansion. This upgrade phase empowers users to engage more actively with the network's growth. Additionally, the new upgrade features multiple transactions within a block and a transaction pool, which will help to reduce block production overhead.
Read the full blog for more details Click
The Metis community has announced exciting news as of March 11, 2024. Binance has added Metis (METIS) to its platform, making it easier and cheaper for users to transfer their METIS tokens to the Metis Network. With a withdrawal fee of just 8 cents, this integration simplifies the process of moving your METIS tokens and enhances your user experience. Keep reading to learn how to transfer your METIS tokens from Binance to Metis Network.
How to directly withdraw from Binance to Metis
Explore the evolution of blockchain technology and its latest innovation—sequencer mining—in our blog post. This article demystifies sequencer mining for beginners, focusing on its pivotal role in Layer 2 scaling solutions like Optimistic Rollups. Learn how sequencer mining works, why it's crucial for enhancing blockchain efficiency and scalability, and the benefits it brings to transaction processing. Perfect for those looking to understand the technical underpinnings of blockchain's next step.
Sequencer Mining Beginner’s Guide
Shoebill Finance is transforming the utility of Liquid Staking Tokens (LSTs) in the Metis ecosystem through its innovative LST Collateralizable Leverage Lending platform. This platform allows users to maximize yields by using their LSTs as collateral to borrow assets, enhancing their investment opportunities within the Metis network.
Read the full article on Shoebill Finance's innovative platform here.
Enki has launched pre-staking through their brand-new interface, ushering in the dynamic Phase 2 of the Enki protocol. Early stakers will benefit from double the staking points and will also share in the Metis Staking Incentive starting from Phase 2. This offers significantly enhanced potential rewards for participants involved in the growth of the Metis ecosystem.
Read the X thread on how to participate here
The integration of Coin98 Super Wallet with Metis revolutionizes the user experience by enhancing transaction capabilities, allowing seamless management, storage, and transfer of METIS tokens. It provides direct access to a variety of DApps in the Metis ecosystem, users can stake METIS tokens on our dApp partners via Coin98 dApp browser. Learn more about these exciting collaborations here.
Artemis has proposed the addition of a second sequencer node to meet the surging demand for METIS staking and participation in the decentralized sequencer through Artemis Finance. As interest in METIS staking grows, with the current node reaching its lock-up cap of 100,000 METIS, it's vital to expand capacity to serve the community's needs.
Cast your vote on this important proposal here.
Join Victor Muñoz, Dev Relations at Metis, in conversation with Elena Sinelnikova, Co-Founder and Decentralized Coordinator at Metis, as they explore the future of blockchain and decentralization in "Building the Infrastructure for the Decentralized Economy." Learn about Layer 2 technology and the impact of decentralized platforms on ownership, governance, and participation. Watch now
Metis Marketing Lead Jose Fabrega provided insights in an interview at the L3 Summit (zkLink), discussing the advantages of developing Layer 3 solutions and explaining why Metis stands out as the most capital-efficient foundational platform. Watch the full interview here
MetisL2's Executive Lead, Tom Ngo, and Chainlink's Head of Blockchain Partnerships, Thodoris Karakostas, are discussing Chainlink CCIP, the only Level-5 Security cross-chain protocol. This innovative technology is the backbone of Metis' token bridge, offering Metis users access to new applications and assets across multiple chains.
Watch the full discussion of Chainlink CCIP integration on Metis
If you weren't able to join our live discussion with Enki and Artemis, don't worry! You can catch up here and learn all about navigating the new Metis Decentralized Staking paradigm.
Listen to the Space: https://twitter.com/i/spaces/1ynJOyYNEoWKR
The AAVE protocol is an open source, non-custodial liquidity protocol, and the Aave app, an interface for users to interact directly with the protocol.
Netswap is a decentralized exchange and launchpad powered by Metis.
MaiaDAO is a community owned DeFi suite with a Concentrated Liquidity AMM and a ve(3,3) DEX deployed on Metis.
LayerZero is an interoperability protocol that connects blockchains (50+ and counting), allowing developers to build seamless Omni Chain applications, tokens, and experiences
Synapse is the most widely used, extensible, secure cross-chain communications network. Build truly cross-chain applications using the Synapse Protocol.
Metis EDF offers grants for blockchain developers who are creating Web3 applications and seeking to become part of the Metis ecosystem. By joining our ecosystem, you can take advantage of our Builder Mining Rewards program, which provides retroactive funding to help bring your ideas to life.
We're also expanding our network by opening more external nodes soon, creating opportunities for more LSTs to deploy on Metis. If you're developing an LST, reach out to us—we're eager to accelerate our ecosystem's growth together.
Start building on Metis today and bring your project to life! Click here to get started.