Metis Hackathon to Support Charity dApps Addressing UN’s 11 Sustainable Devel...
Metis, a leading Ethereum Layer-2 Rollup scaling solution, has recently kicked off their hackathon, starting from October 2, 2021, and running until November 30, 2021. Metis will be providing up to $1 million in rewards to software architects who are able to develop decentralized applications (dApps) or other types of platforms to solve some of […]
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Metis, an Ethereum Layer-2 scaling protocol supported by Rollup Tech, recently announced the launch of its mainnet Andromeda, while establishing a $100M Ecosystem Fund to support emerging dApps, gaming, and DeFi solutions. In addition to these recent announcements, Metis has unveiled a unique Staking program. Metis, an Ethereum (ETH) Layer-2 platform for dApps, DAOs, NFTs, […]
Metis, an Ethereum (ETH) Layer-2 scaling solution powered by Rollup technology to enhance dApps, DAOs, and NFTs for the Web 3.0 economy, has deployed its Mainnet Andromeda. The launch has come after the project began as a hard fork or backward-incompatible variation of the Optimism protocol. The team has also launched a staking program. In another major announcement, the developers noted that the Metis DAC Creation and Staking program is set to commence on Friday November 26, 2021 at 3 pm UTC. The team has shared an extensive guide on everything you need to know to take part in the staking....
Ethereum-based Layer 2 protocol Metis launched the testnet version of its decentralized exchange MetisSwap. Decentralized Exchanges are the most complicated application in all of DeFi. By launching MetisSwap, Metis continued its quest to demonstrate the compatibility of its Layer 2 platform with DeFi projects of all kinds. MetisSwap built on Metis Layer 2 Beta Testnet […]
The blockchain industry has experienced a significant transformation in the past two years with NFTs and DeFi becoming the norm. This development has caused major problems on the growth potential of Ethereum with high gas fees, slow transactions, and limited scalability. Metis DAO has emerged as a Layer 2 Ethereum scaling solution building a highly scalable protocol for next-generation dApps. In addition, the blockchain platform has established key partnerships, new products and created the first-ever community minted NFT project. Metis has also developed its unique middleware called Polis....
The total value locked on METIS rose by 99,881% in a month after the layer-2 project integrated with numerous DeFi protocols and cross-chain bridges. Attracting liquidity has become a de facto arms race in the growing decentralized finance (DeFi) landscape. Projects constantly battle to attract investors funds by offering enticing yields for crypto holders willing to take a risk and lock up their assets and protocols use this funds to build out their products and attract attention from larger investors. One protocol that has been gaining traction in the total value locked (TVL) race is....