Megamind || Working on Web3 Profile picture
Jan 28 β€’ 15 tweets β€’ 14 min read
@MetisDAO gaining attention very quickly.
πŸ‘‰In past few days TVL of $Metis chain increased by 26%
πŸ‘‰I consider #Metis as a undervalued #Layer2
πŸ‘‰Let's see some key metrics of @MetisDAO and TOP #100xGems building on it.
✨ Why Metis Undervalued?

πŸ‘‰ Let me tell you that Metis has great tech in term of #Layer2
πŸ‘‰ It has the lowest gas fee among all the #Layer2
πŸ‘‰ More decentralised and the Tokenomics is build for future.
✨ Already most of the supply is in circulation whereas other #Layer2 has some crazy FDV.
πŸ‘‰ Also the rest tokens are vested for 5 to 6 year , giving them a huge run-up and long term focused project.
πŸ‘‰ Majority of VC has been paid, so less selling pressure.
✨ Tokenomics has allocation for ecosystem projects and active contributor of the Project.
✨ As you can see in the image , tokens have been allocated for #Airdrop
✨ Their team include some great people including @ElenaCryptoChic @Natalia_Ameline And @VitalikButerin mother
✨ I found this comparison interesting.
It's about #Optimism and #Metis

A thread by @apollo_wayne
✨ Now let's talk about some potential Ecosystem project.
✨ @MetisDAO actively supporting eco project and launched fund to support.
1️⃣ $Tethys by @tethysfinance :- True potential πŸ’Ž
πŸ‘‰ Price increase 800% in past few weeks , still have a $4 million MC and no more inflation.
πŸ‘‰ I haven't find any good thread on this, so i have to researched a bit.
πŸ‘‰ Currently working product of @tethysfinance
✨ A perpetual dex :- only perpetual dex in $Metis . U can leverage trade $Metis , $BTC , $ETH upto 50x
✨ DEX :- U can swap various tokens , add liquidity, farm , stake etc.
πŸ‘‰ TVL is not that much, but it will increase in my opinion.
They will launch liquidity incentive to achieve goal.

✨ Leverage Farming :- Farming with leverage for degen.
✨ Bridge :- u can bridge $Metis from various chain to @MetisDAO .
It is fast, effective.


They provide #RealYeild and building in Bear . Good potential πŸ’Ž
2️⃣ $HERMES by @HermesOmnichain :- Liquidity market of @MetisDAO. Innovative ve (3,3) approach with burning mechanism.

✨ $BHERMES is the token need for gov. participation and protocol fees.
3️⃣ $GAMEFI by @RevenantGamefi - First #NFTs gaming ecosystem in @MetisDAO
✨ Interestingly MC is only $1 million.
✨ They building @battle_olympus and u can try the demo gameplay.
Expansion to #Arbitrum also in progress.
✨ More games will be launched gradually.
✨ All of these games will be governed by $GAMEFI token and holders will get early assess and other benefits.
✨ 20% token is allocated to stakers.
πŸ‘‰ How to get maximum benefit?
1️⃣ Add liquidity in m.usdc and $GAMEFI on @HermesOmnichain
2️⃣ Stake LP to get $GAMEFI
✨ They regularly bribe this pool, so Apr is quite good
✨ U also earn $GAMEFI on top of $HERMES reward.
✨ build a NFT marketplace in work.
✨$GAMEFI will be used for purchasing in-game NFTs, peer-to-peer payments, participating in community votes, gaming tournaments etc.
It takes at least 8 to 10 hour research to find these projects.

πŸ‘‰If u get value Like and retweet this post and save for Future.
πŸ‘‰ U can also support me by simply following me.

Some people I want to mention -
@defi_mochi
@TheDeFinvestor
@resdegen @ToastyAlpha @WinterSoldierxz

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