Data Source: Footprint Analytics - Metis Dashboard
Metisis a fork based on OptimismLayer 2public chain network. According to Footprint Analytics, as of February 15, Metis TVL reached US$375 million, a month-on-month increase of 85.09%, surpassing Optimism and Loopring to secure the third place in the Layer 2 field.
The concept of the new Metis Rollup technical facility and DAC (Decentralized Autonomous Company) behind the public chain network comes from Natalia Ameline, the mother of V God, the founder of Ethereum. On November 15th, Metis and its investment partners launched a USD 100 million ecological DAC, and established a platform that affects the rapid rise of Metis TVLMetis is based on the Optimistic Rollup expansion technology, with certain optimizations The core of Metis lies in the construction of Optimistic Rollup expansion technology, which is also the expansion solution adopted by Layer 2 head public chain network Arbitrum, which aims to help Ethereum network congestion and high gas fees. image description Footprint Analytics - TVL of Metis An important reason for the rapid growth of Metis TVL is that the original Optimistic Rollup expansion technology faces the problem of a long fraud proof cycle of 1 to 2 weeks, resulting in a long cycle for users to withdraw assets from Layer 2 to Layer 1. Now Metis optimizes the verification process of transaction data, shortens the fraud proof cycle to hours or even minutes, and reduces transaction fees (as low as a few cents instead of tens of dollars on Ethereum), this optimization attracts Many developers and users. The specific optimization is as follows: Metis introduces a new validator role Ranger (a node that users can participate in) through the verification mechanism, and realizes a competitive mining mechanism. For example, whoever takes the initiative to do the verification first can dig out Metis Token METIS as a reward, thereby improving verification. The working efficiency of nodes ensures the authenticity and validity of transactions on the Metis chain. Ranger is deployed on L2 and forms a special DAC, which drives Ranger to collect transaction status for verification through an incentive mechanism. secondary title text text Footprint Analytics - Metis TVL by Protocols Footprint Analytics - Metis TVL Category & Protocols Share Netswap is the first DEX of the Metis ecosystem, and the Token is NETT, which is specially built for the Web3 economy. it uses the same Screenshot Source - netswap Website Netswap can quickly "become popular". In addition to the above factors, there are other bright spots to attract users. You can pledge NETT to obtain METIS. The annualized return was 170% when it was first launched, and the current annualized return is 97.22%. text Footprint Analytics - Metis Token Price & Trading Volume secondary title text text About Footprint Analytics: This work is original by the author, please indicate the source for reprinting. Commercial reprinting needs to be authorized by the author, and those who reprint, extract or use other methods without authorization will be investigated for relevant legal responsibilities. Footprint Analytics official website: https://www.footprint.network Copyright Notice: This work is original by the author, please indicate the source for reprinting. Commercial reprinting needs to be authorized by the author, and those who reprint, extract or use other methods without authorization will be investigated for relevant legal responsibilities.
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