Metis releases Superfluid chain to promote circular development of ecological projects and partners

L2 network Metis announced the release of the Superfluid chain, aiming to form a network growth process and ecological positive cycle.

Here’s how Metis achieves this through low transaction fees, a decentralized sorter, and strategic partnerships.

Key highlights of Metis include:

• Low transaction fees and decentralized orderer: Metis has lower transaction fees than other Ethereum Layer 2 and will soon be the first Rollup to have a decentralized orderer. This creates powerful incentives for node operators, builders, and end users.

• Enhanced Liquidity and Accessibility: Metis aims to achieve a superfluid state by fostering low barriers to entry and ample liquidity. The integration of the upcoming Chainlink CCIP as a new token specification and Metis bridge will allow various assets to be seamlessly bridged to Metis from different blockchains, which lowers the entry barrier and is beneficial to the long-term development of DeFi.

• EigenLayer and Renzo Integration: Metis will be included in the first chains integrated with Eigen Layer, creating an additional layer of liquidity. In addition, Renzo is powered by Connexts technology and will integrate Metis, allowing users to deposit Metis native ETH into Renzo in exchange for ezETH, which can be used for DeFi activities within the Metis ecosystem.

• Ethena Integration: Ethena users can now bridge their USDe to Metis from multiple chains. Ethena allows users to deposit USD stablecoins, ETH, or Liquidity Staking Tokens (LST) as collateral to create a yield-based stablecoin USDe and ensure stability through a risk-free hedging process on both centralized and decentralized exchanges.

• Self-sustainable development: Metis launched MetisEDF, an ecosystem development fund of 4.6 million METIS, to accelerate ecosystem growth and adoption. This, combined with the decentralized orderer and upcoming staking functionality, creates a positive cycle in which transaction fees fuel further innovation and growth within the Metis ecosystem, while allowing these projects and their users to benefit from the progressive network growth of.

• Long-term partnership with DeFi Kingdoms: DFK will deploy PvP games on its flagship product, which has been in production for the past 2 years. It will include a PvP game where users can enter an arena and fight each other. DFK is the DeFi protocol with the largest trading volume based on Avalanche. At its peak, the daily trading volume exceeded US$130 million, accounting for a large part of the ecosystem in terms of trading volume and TVL indicators.

Overall, the Superfluid chain released by Metis will bring low entry barriers, sufficient liquidity, scalable network and a self-sustainable positive cycle economic model.