The MetisDAO Foundation’s recent unveiling of an Ecosystem Development Fund (EDF) worth 4.6 million METIS, translating to over $360 million, marks a pivotal moment for the Metis network. This fund, dedicated to fostering development and adoption within the Metis ecosystem, has set the stage for a surge in user activity and project engagements.
Starting in the first quarter of 2024, these funds will enhance the network’s vitality following the release of the Metis decentralized sequencer.
In the wake of this announcement, Metis (METIS), the native cryptocurrency of the layer 2 network, witnessed a rise in its value. This increase is part of a 30-day gain of 426%, with trade volumes hitting $76 million, up from $2 million at the start of December.
The post MetisDAO Takes Off: Is This Just the Beginning for METIS? appeared first on Coin Edition.
The MetisDAO Foundation’s recent unveiling of an Ecosystem Development Fund (EDF) worth 4.6 million METIS, translating to over $360 million, marks a pivotal moment for the Metis network. This fund, dedicated to fostering development and adoption within the Metis ecosystem, has set the stage for a surge in user activity and project engagements.
Starting in the first quarter of 2024, these funds will enhance the network’s vitality following the release of the Metis decentralized sequencer.
In the wake of this announcement, Metis (METIS), the native cryptocurrency of the layer 2 network, witnessed a rise in its value. This increase is part of a 30-day gain of 426%, with trade volumes hitting $76 million, up from $2 million at the start of December.
The post MetisDAO Takes Off: Is This Just the Beginning for METIS? appeared first on Coin Edition.