{"id":152780,"date":"2023-09-20T06:52:27","date_gmt":"2023-09-20T06:52:27","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=152780"},"modified":"2023-09-20T12:43:11","modified_gmt":"2023-09-20T12:43:11","slug":"metis-unveils-metis-journey-for-users","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/metis-unveils-metis-journey-for-users\/","title":{"rendered":"Metis Unveils $5M DeFi Incentive Program \u2018Metis Journey\u2019"},"content":{"rendered":"<p style=\"text-align: justify\">Metis, one of the leading Layer 2 scaling platforms for Ethereum, has just <a href=\"https:\/\/metisdao.medium.com\/kickstarting-the-metis-journey-a-5-million-defi-incentive-program-led-by-aave-f3ee3cd2ad92\" target=\"_blank\" rel=\"noopener\">introduced<\/a> an incentive program called &#8220;Metis Journey.&#8221; <strong>This initiative, worth $5 million, is designed to reward users for actively engaging with Metis-based decentralized applications (dApps).<\/strong><!--more--><\/p>\n<p style=\"text-align: justify\"><strong>The program was launched on September 19, 2023<\/strong>, and it aims to draw new users into the Metis blockchain ecosystem.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Metis Journey has officially started\ud83d\ude80<\/p>\n<p>A $5,000,000 DeFi Incentive Program in collaboration with blue-chip DeFi dApps, starting off with <a href=\"https:\/\/twitter.com\/AaveAave?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@AaveAave<\/a>, on the most scalable and cost-efficient Ethereum Layer 2.<a href=\"https:\/\/t.co\/RkgrdGjXBU\" target=\"_blank\">https:\/\/t.co\/RkgrdGjXBU<\/a><\/p>\n<p>&mdash; Metis\ud83c\udf3f (@MetisDAO) <a href=\"https:\/\/twitter.com\/MetisDAO\/status\/1704118528817733648?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\">As an Ethereum Layer-2 scaling solution, <strong>Metis is tackling the blockchain trilemma of decentralization, security, and scalability.<\/strong> It achieves high throughput and low fees while preserving Ethereum&#8217;s core values by leveraging Optimistic Rollup and <a href=\"https:\/\/crypto-economy.com\/zero-knowledge-proof-zkp\/\" target=\"_blank\" rel=\"noopener\">Zero-Knowledge Rollup<\/a> technologies.<\/p>\n<h2 style=\"text-align: left\">Metis Journey is Starting with Aave v3<\/h2>\n<p style=\"text-align: justify\"><strong>The kickstart for this Metis Journey program begins with the blue-chip DeFi protocol, Aave v3<\/strong>. Metis has allocated 100,000 METIS tokens, currently worth over a million dollars, to incentivize liquidity providers who contribute assets to Aave users on the Metis network.<\/p>\n<p style=\"text-align: justify\">This means that participants in MetisDAO&#8217;s Ethereum (ETH), USD Coin (USDC), U.S. Dollar Tether (USDT), and Dai (DAI) liquidity pools will reap the rewards of the Metis Journey.<\/p>\n<p style=\"text-align: justify\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-152788 size-full\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/09\/Metis-DAO.jpg\" alt=\"Metis Journey is Starting with Aave v3\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/09\/Metis-DAO.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/09\/Metis-DAO-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/09\/Metis-DAO-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\">Moreover, the Metis team emphasizes the significance of this launch, not only for their dApp ecosystem but also for the broader Ethereum Layer 2 ecosystem.<strong> It signals an opportunity for the Metis community and paves the way for innovative developments within the ecosystem<\/strong>. It also goes in line with Aave&#8217;s aim to enhance the Web3 space.<\/p>\n<p style=\"text-align: center\"><em>&#8220;For our dedicated Metis community, this represents a remarkable opportunity, as our ecosystem gears up for an exciting expansion phase,\u201d<\/em> the company says in a statement<em>. \u201cIt signifies a pivotal milestone in the evolution of Metis, opening doors to an array of innovative developments.\u201d<\/em><\/p>\n<p style=\"text-align: justify\">Meanwhile, the project isn&#8217;t stopping with Aave v3; <strong>they also plan to extend similar incentive programs to other dApps such as Hummus, Stargate, Synapse, and Unimaia.<\/strong><\/p>\n<p style=\"text-align: justify\">The primary focus of these campaigns will be on regular users who actively contribute liquidity, engage in trading, and participate in the Metis ecosystem.<\/p>\n<h2 style=\"text-align: left\">MetisDAO Token Surged Over 7%<\/h2>\n<p style=\"text-align: justify\">In tandem with this announcement, <strong>the native coin of the ecosystem, MetisDAO, has experienced a surge of 7.27% in the last 24 hours<\/strong>. As of the time of writing this line, MetisDAO is changing hands at $11.94 with a 24-hour trading volume of $3,406,929, securing its place at #347 on CoinMarketCap.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Metis, one of the leading Layer 2 scaling platforms for Ethereum, has just introduced an incentive program called &#8220;Metis Journey.&#8221; This initiative, worth $5 million, is designed to reward users for actively engaging with Metis-based decentralized applications (dApps).<\/p>\n","protected":false},"author":26,"featured_media":152789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[111,84,74],"tags":[5375],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/152780"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=152780"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/152780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/152789"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=152780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=152780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=152780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}