Metis Token Announces Upcoming DeFi Kingdoms PvP Tournaments on February 26th, Offering $75,000 in Prizes

Metis Token has announced the upcoming DeFi Kingdoms PvP tournaments on February 26th, offering $75,000 in prizes for players and spectators

DeFi Kingdoms, a popular play-to-earn (P2E) game on the Harmony blockchain, is collaborating with Layer 2 (L2) solution Metis to host a series of player-versus-player (PvP) tournaments on February 26th, 2023. The tournaments will offer a total prize pool of $75,000, which will be distributed among both participating players and spectators exclusively on the Metis platform.

As an L2 solution, Metis is designed to enhance the capabilities of the Harmony blockchain by increasing transaction speed, reducing costs, and improving overall scalability. The platform facilitates the rapid deployment of smart contracts, enabling efficient operations within the Harmony network.

At the heart of Metis's offerings are several key features:

Metis Oracles: These oracles provide real-time data from external sources, connecting the Harmony blockchain to external systems and providing smart contracts with crucial off-chain information.

Metis Nodes: Nodes in the Metis network store a complete copy of the distributed network, contributing to enhanced security and reliability within the Harmony ecosystem.

Metis SubGraph: The SubGraph serves as an indexing protocol, gathering, processing, and storing data for use in the blockchain network. It facilitates efficient information retrieval through a service known as GraphQL.

The combined capabilities of these features position Metis as a valuable solution for expanding the functionality and performance of the Harmony blockchain.

The METIS token is an ERC-20 governance token that operates within the Ethereum blockchain network. Among its primary use cases are paying transaction fees on the Metis network and participating in staking activities.