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Cryptocurrency News Articles

Metis Token Will Hold an AMA on X on January 10th at 17:00 UTC

Jan 10, 2025 at 12:51 am

Metis Token Will Hold an AMA on X on January 10th at 17:00 UTC

Metis Token will be hosting an "Ask Me Anything" (AMA) session on X, January 10th at 17:00 UTC. During this AMA, the primary topic of discussion will revolve around the recently announced Metis Retroactive Grant and how builders can leverage this opportunity to their advantage.

To participate in the AMA session and stay updated on the latest developments, follow the official tweet by METIS:

METIS Info

Metis is a Layer 2 Rollup platform built on the Ethereum network. It aims to tackle some of the key challenges faced by the main net Ethereum — namely transaction speed, cost, and scalability. It achieves this by offering a framework for simple, rapid deployment of smart contracts within the network, thereby facilitating seamless and efficient operations on the Ethereum blockchain.

At the core of Metis’s offerings are several key features: Metis Oracles, Metis Nodes, and Metis SubGraph. Metis Oracles provide real-time data from external sources, connecting blockchains to external systems and supplying smart contracts with crucial outside information. Metis Nodes, which store a complete copy of the distributed network, enhance security and reliability. Lastly, the Metis SubGraph serves as an indexing protocol for gathering, processing, and storing data for use in the blockchain network, aiming to ease information retrieval through a service known as GraphQL. These combined features position Metis as a significant player in improving the functionality and performance of the Ethereum network.

METIS is an ERC-20 governance token compatible with the Ethereum blockchain network. The main use cases for the METIS token are paying transaction fees on the Metis network and staking.

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Other articles published on Apr 04, 2025