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Welcome to our June review in the Metis Ecosystem! As we enter Q3, we are thrilled to share some exciting updates and significant milestones highlighting our dedication to innovation and decentralization. Last month was filled with truly groundbreaking developments, new partnerships, and community-driven initiatives that are shaping the future of our burgeoning network.
Dive in to explore the latest achievements and opportunities within our ecosystem.
Metis became the first L2 to enable shared network ownership. After launching the first decentralized sequencer, we selected external sequencer node operators, introduced distributed network ownership and influential governance roles. This move enhanced security and reduced failure risks by decentralizing the sequencer, our most critical infrastructure. Are you curious about how Metis is transforming the crypto space? Read the full article for more details HERE.
Explore why the future of Layer 2 solutions depends on decentralizing their sequencers, a step Matter Labs' Alex Gluchowski calls “essential”. Learn about the long-term benefits of decentralization, including enhanced security and new revenue streams. Read the article to discover how embracing decentralization today can drive sustainable, long-term innovation. Read more
Congratulations to Stake.link and Velix Protocol! Both reached quorum in our LST governance procedure, granting them the right to be selected and paired with a sequencer node. Welcome to the Metis ecosystem; we are excited to see what you both develop!
The votes for Decentralized Sequencer node operators are in! Congratulations to OKX, HashKey Cloud, A41, Nodies, SNZPool, and TEB for passing community governance and becoming eligible to be our first set of external sequencer node operators. We will announce the onboarding of the first three sequencer node providers from this list shortly. Stay tuned!
We're excited to announce our latest quest on Layer3, featuring Hummus Exchange! Dive into the world of Hummus by creating and holding positions to explore their Automated Market Maker (AMM). As you engage and learn, you'll have the chance to earn a Luminary NFT. Join the quest now and start your journey with Hummus Exchange!
Get started now: Pool Pioneer Quest
Kevin Liu, co-founder of Metis, outlines the need for on-chain collaborations, strategies to drive transaction volume, community engagement, infrastructure improvements, and unique utilities of the Metis token. Check out the full letter to learn more and get involved in shaping Metis's future.
Seize another opportunity to earn rewards! Join our campaign with Algebra, Steer, and Hercules to compete for a share of a $3,000+ prize pool. Complete all social and on-chain tasks from July 1st to July 15th to qualify. This is your opportunity to catch rewards and be part of an exciting campaign.
Learn more: Algebra power-up campaign blog.
Join now:
https://app.galxe.com/quest/CryptoAlgebra/GC7pFtghPz
Metis has partnered with codatta, an AI-powered collaboration protocol for blockchain metadata, to enhance the accessibility and reliability of blockchain data. This collaboration will provide users with enriched on-chain data, compliance and risk management tools, and innovative features. The roadmap includes technical integration, the launch of data analytics tools, and integration with Metis dApps and infrastructure. Additionally, an exciting reward campaign with codatta offers exclusive rewards for participants.
Read the full blog about this collaboration HERE.
Join the Metis x Codatta Campaign to Earn Rewards - Ends July 9th! Join Now
The integration of Cede.store is poised to revolutionize the transfer of cryptocurrency liquidity from centralized exchanges (CEXs) to the Metis ecosystem. This non-custodial browser extension enables users to securely manage CEX assets and enjoy a streamlined, cost-effective transfer process. With a user-friendly interface similar to DeFi wallets like Metamask, Cede.store ensures self-custody and enhances the overall user experience.
Read the article HERE for a deep dive into how Cede.store is expanding access into the Metis ecosystem and unlocking new growth opportunities.
5. Unlock Exclusive Rewards by Staking METIS with ENKI: Join Over 105,000 METIS Staked!
Over 105,000 METIS is staked on ENKI. Yes, over 105,000. By staking with ENKI, users can earn an approximate 20% APR and a current reward ratio of 1.0332 eMetis per seMetis, fully integrated with the Metis ecosystem. Enjoy exclusive rewards and incentives designed just for you from Enki.
Stake on Enki today: https://www.enkixyz.com/stake
Elena Sinelnikova, the Co-Founder of Metis, recently appeared on the Blockfuel Podcast to discuss the importance of decentralization in creating borderless infrastructure. She emphasized the need for decentralization at every level, including the sequencer level, and described how Metis ensures equal representation and participation through community-driven governance.
During the Decentralized Sequencer voting, we hosted Metis Nodeland X spaces to introduce all the node operator candidates to our community. These sessions included open discussions where community members could directly ask questions and engage with the candidates.
Metis NodeLand Spaces 01: Nodies & Artifact Staking
https://x.com/i/spaces/1OdKrjXADrPKX
Metis NodeLand Spaces 02: Blockscope, ENKI, Blockdaemon, Imperator.co
https://x.com/i/spaces/1eaKbgaQPaeGX
Metis NodeLand Spaces 03: P2P, Northwest Nodes, & Validation Cloud
https://x.com/i/spaces/1mnxepAAkoAJX
Metis NodeLand Spaces 04: Matrixed.Link, Luganodes, Pathrock & 01 Node
https://x.com/MetisL2/status/1806357100005658679
Metis NodeLand Spaces 05: Hashkey, Rhino, Infrasingularity & RockLogic
https://x.com/MetisL2/status/1806719229640753625
Hercules is the first community-first capital flexible DEX developed with multiple tools to support the next generation of builders who seek sustainable liquidity in Metis Network.
Stargate is a liquidity transport protocol at the core of Omnichain DeFi. It enables cross-chain asset transfers and access to unified liquidity pools with instant guaranteed finality.
MaiaDAO is a community-owned DeFi suite with a Concentrated Liquidity AMM and a ve(3,3) DEX deployed on Metis.
Synapse is the most widely used, extensible, secure cross-chain communications network. Using the Synapse Protocol, you can build truly cross-chain applications.
The AAVE protocol is an open-source, non-custodial liquidity protocol, and the Aave app is an interface for users to interact directly with it.
June has been an eventful month for Metis, with numerous advancements and initiatives driving our ecosystem forward. From pioneering decentralization efforts and integrating cutting-edge technologies to fostering community engagement and recognizing top-performing projects, we continuously work towards a more decentralized and robust network. As we move further into Q3, we invite you to stay engaged, participate in our campaigns, and join us on this journey of innovation and growth.
Start building on Metis and earn exclusive rewards from our Builder Mining Rewards program as we continue to support and incentivize our developer community.
Join our ecosystem here.
Get support at Metis Help Center.
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