Exchange MetisDAO (METIS) at the Best Rates

MetisDAO (METIS)BSC

Instantly exchange MetisDAO at the best price and with the lowest fees on StealthEX. Free from registration, fast, and limitless METIS swaps. You can see for yourself how convenient it is.

MetisDAO (METIS) Price Statistics

  • price

    Price (USD)

    $ 103.90
  • supply

    Circulating Supply

    METIS 5.30852M
  • volume

    Volume (24h)

    $ 44.9613M
  • marketcap

    Market Cap

    $ 551.56031M
  • dry

    Low/High 24h

    $ 101.43 - $ 113.38
  • change

    Change (24h)

    -$ 5.238885

Unveiling MetisDAO: The Emerging Layer-2 Network Revolutionizing Decentralized Applications and DAOs

The crypto market teems with different projects, some of which are considered to be market leaders, while others remain in the shadow of their more popular counterparts. One of the latter is MetisDAO. Metis is a permissionless Layer-2 network powering the next generation of decentralized applications. Let’s take a closer look at the MetisDAO coin and its main characteristics to analyze its perspectives.

What Is MetisDAO?

Metis is a scaling solution for Ethereum. The project is led by co-founders Elena Sinelnikova, Kevin Liu, and Yuan Su and also has Ethereum co-founder, Vitalik Buterin’s mother, Natalia Ameline on staff as a technology researcher. It was launched in 2021, designed with the specific aim of building more robust, value-creating DAOs. DAO is the decentralized version of a company. All of an organization's or community's rules are outlined by a DAO smart contract, and every user has the ability to vote or suggest modifications that are recorded on the blockchain.

Metis discovered, nonetheless, that DAOs' present functionality is constrained. Although there are obviously a lot more uses for the DAO model than only governance voting, developing this framework would take too much time and money from a project. Thus, Metis started to create a Decentralised Autonomous Company (DAC), a new architecture.

While a DAO allows users to vote and participate in governance, a DAC allows users to participate in these activities as well as management by integrating features like payroll, project management, communications, HR, and more, much like a regular business. A DAC makes it possible to build a fully operational company without the need for a CEO or other top executive to steer the ship.

Projects that use the native METIS crypto can register as DACs. A real-world company's registration procedure is comparable to that of DAC. A person must go through the registration process and stake METIS tokens in order to register a DAC. The native token METIS coin is used to pay the registration fees. To establish a new DAC, a stake value of at least 10 METIS is needed.

Any group anywhere in the globe can register a DAC and interact with the community as long as they fulfill the staking criterion. One of the best features of the Metis ecosystem and a contributing factor to the token's rise in popularity is the DAC structure.

MetisDAO Features

The Metis DAO project brings a plethora of new features for the Layer-2 ecosystem: NFTs, bridging, optimistic rollups, and more:

  1. Optimistic rollups. The Metis blockchain handles transactions off-chain as a layer-2 solution, syncing them in bulk on the Ethereum mainnet afterward. Metis differs from other Layer-2 systems primarily in that it processes transactions using optimistic rollups rather than zK rollups. The most recent generation of Layer-2 scaling methods, optimistic rollups have a number of benefits over zK rollups. Since zK rollups use a single sequencer to clog the network during high transaction volumes, they necessitate a higher level of security than original mainnets. Sequencing layers for validators are put in place to prevent fraudulent transactions on the blockchain. Optimistic rollups solve the throughput issue of Ethereum with a Proof-of-Stake (PoS) validator system and fast transaction speeds.
  2. Polis. The DAC middleware management tool Polis facilitates the seamless migration of dApps to Metis' Layer-2. When it's finished, developers won't need to know how to code smart contracts or blockchains to construct their own dApps or DACs. In addition to developers, users will be able to communicate with dApps developed on Polis through Polis. It will also provide a wallet client for staking METIS coins. The wallet transaction history may be utilized in the future as a reputation mechanism on the DAC structure, giving users who have more of a certain token or NFT in their balance greater visibility and voting power.
  3. Ranger system. Metis also implements something called the Ranger System, outlined in the Metis’ whitepaper. This implementation allows the company to move towards EVM Equivalence, which Optimism has chosen to do as well, while also maintaining a higher degree of decentralization than its predecessor. L2 Rangers are assigned a range of blocks that they are able to sample. They will then audit the corresponding transactions and must reach a consensus first before L1 verifiers can challenge transactions and initiate fraud proofs.
  4. Metis Virtual Machine. In response to Layer-2 solution scaling difficulties, Metis created the Metis Virtual Machine. They created their optimistic rollups with the advantage of hindsight in mind, allowing the project to grow in the future while maintaining a link to the Ethereum mainnet. The MVM offers the fastest throughput of any Ethereum-based client and is an alternative to Ethereum's Ethereum Virtual Machine (EVM).
  5. NFT bridging. NFT creators and traders can now build and mint their NFT projects on Metis and then move them to the Ethereum mainnet to be sold on platforms like OpenSea, thanks to this connectivity to the mainnet of Ethereum. In order to offer storage for NFTs created on the network, Metis also established a direct interface with the InterPlanetary File System (IPFS).

Metis Journey

In September 2023, Metis announced the Metis Journey, a $5 million DeFi Incentive Program designed to boost new and existing DeFi applications on the Metis Layer-2 network, starting with blue-chip protocol Aave v3.

As part of this partnership, ETH, METIS, USDC, USDT, and DAI will all have liquidity pools with 100,000 METIS tokens each to be used as incentives for Aave users. With Aave's participation, the strategic program aims to draw a broader user base to the Metis platform. This program comes after leaders in the industry like Polygon, Avalanche, and Optimism launched growth efforts led by Aave. The expected uptick in activity resulting from Aave's involvement will serve as a spark, bringing with it a slew of new prospects in other well-known Metis applications: Hummus, Stargate, Synapse, and more.

METIS Crypto Price Prediction

In general, experts believe that METIS coin might go up in price within the following years. For instance, DigitalCoinPrice crypto analysts believe that by 2030, METIS coin will raise in price significantly and fluctuate between $162 and $174.27. Meanwhile, experts at PricePrediction think that by 2030, the cryptocurrency can reach $239.10 or even go as high as $274.37. Some crypto analysts, like CaptainAltcoin, even go as far as to suggest that MetisDAO can reach $1,000 by the end of 2025.

How to Buy MetisDAO Coin?

StealthEX is here to help you buy METIS token. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX and follow these easy steps:

  1. Choose the pair and the amount you want to exchange — for instance, ETH to METIS
  2. Press the “Start exchange” button.
  3. Provide the recipient address to transfer your crypto to.
  4. Process the transaction.
  5. Receive your crypto coins.

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MetisDAO Price Chart


MetisDAO (METIS)


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