(1/4)
1. #MetisEDF: The Metis Ecosystem Development Fund Flywheel
The Metis Ecosystem Development Fund (EDF), currently worth over half a billion USD, is a 4.6M on-chain $METIS fund created to accelerate adoption and growth on #Metis. At launch, it turned a lot of eyes towards the Metis ecosystem, increasing awareness for the ecosystem dApps and demand for the $METIS tokens. This kicked off a swift flywheel effect:
The more demand there is for $METIS, the more the #MetisEDF grows.
The more the #MetisEDF grows, the more the rewards for builders/holders/users grow.
The more the rewards for builders/holders/users grow, the more demand for $METIS.
The cycle continues, and strengthens.🔄
(2/4)
Jan 6 • 18 tweets • 3 min read
It's official: WAGMI (@PopsicleFinance) will deploy on @MetisDAO on Monday.
It will be the first disbursement of the #MetisEDF: the 4,600,000 $METIS ecosystem development fund.
Here's everything you need to know to make the most of out of this deployment🧵👇
@danielesesta, founder of WAGMI, singlehandedly attracted billions of dollars to other ecosystems, including Fantom and Avalanche. On his own words, the potential here is way bigger. He's also deploying a protocol never seen before. WAGMI, but on steroids.
(2/18)
Jun 21, 2023 • 9 tweets • 8 min read
My friend called and said he bridged $ETH, $BTC, and stables to @MetisDAO.
Now, he's earning a 11.63% Cumulative APR on his funds.
Here's his portfolio🧵👇
(1/7)
He likes "safe" investments. So, no impermanent loss or liquidation risk, but he's aware of smart contract risk always being present in DeFi.
His portfolio [in Metis] is pretty simple. It consists in:
• 50% $USDC
• 30% $ETH
• 20% $BTC
(2/7)
Jun 21, 2023 • 12 tweets • 8 min read
The Ethereum community is considering increasing the max validator stake from 32 $ETH to 2048 $ETH.
At plain sight, it might look like it will just make Ethereum more centralized.
Nevertheless, this is a major misconception🧵👇
(1/10)
Before we start, there's a key clarification that must be made:
Validator ≠ full node
A full node can actually have hundreds of validators, as explained by @toghrulmaharram.
Therefore, validator centralization could already be there, even without this upgrade.
It introduced "hooks", or plugins that allow developers to create custom liquidity pools.
They will allow devs to create on-chain limit orders, automatic deposits to lending protocols, auto-compounded liquidity provider (LP) fees, and much more.
In this thread we'll see how users can earn up to a 20% APR with their METIS, depending on their risk profile.
This process consists in 4 simple steps👇
Jun 30, 2022 • 29 tweets • 7 min read
Layer 2s will play a huge role in web3's mass adoption, but not in their current form.
2 days ago, @MetisDAO confirmed it through their Roadmap for the 2nd half of 2022
A thread🧵
2/ In this thread we'll cover:
3- Current issues found in L2s 4- Smart L2s 7- Matrix Reputation Power System 11- DACs 17- Connecting the Dots 23- Grants 28- Conclusion
Vamos👇
Jun 28, 2022 • 14 tweets • 8 min read
Yesterday I had a great (and very informative) conversation with the guys at @RevenantGamefi and @MetisDAO via twitter spaces.
TLDR: The future of GameFi will be creator & user centric🧵👇
1/13
Bear market means buidl market
For any project that planned ahead, and/or had the chance to raise funds during the near-0 rates period: this is the time to start building.
The Total Addressable Market (TAM) of GameFi is massive, but some things have to change first
2/
May 30, 2022 • 20 tweets • 15 min read
A new Ethereum Layer 2 scaling solution was officially introduced 4 days ago by @MetisDAO:
Smart L2⚡️
🧵Thread on everything you need to know about Smart L2s
2/ In this thread we'll see:
• What is a Smart L2✅
• What is NOT a Smart L2❌
• How do Smart L2s work⚙️
• How do they inherit Ethereum L1's security🛡️
• Is @MetisDAO still a rollup?
• Is @MetisDAO still a L2?
• @MetisDAO post EIP-4844 (Sharding)📈
Let's dive in👇 (2/17)
Apr 18, 2022 • 15 tweets • 9 min read
The last CPI report confirmed a 8.5% inflation in the U.S.
If you have USD denominated stablecoins (USDT, USDC, etc) yielding any rate below 8.5% APY: you're losing money to inflation.
Luckily for u, ya boy gotchu.
🧵Stable alternatives with +8.5% APYs in @MetisDAO (1/13)
2/ We can find three (3) types of stablecoin passive yield alternatives in @MetisDAO, and we'll cover each of them in this thread:
• Alternatives that pay rewards in stables
• Alternatives that pay rewards in crypto
• Hybrids
Let's dive in👇
Apr 14, 2022 • 19 tweets • 9 min read
Investors want the yield, but not the commitment
The recent "dip" made crystal clear what type of stablecoin yield alternatives will take over during this cycle
A 🧵
2/ When the market starts getting rowdy, whales tend to exit high-risk positions and look for safer alternatives in order to protect their funds
What do you think becomes the most attractive alternative?
Bingo!
Stablecoins💲🎯
Stablecoin farming, staking, and lending.
Apr 12, 2022 • 16 tweets • 6 min read
BIG day for DeFi & NFTs
🧵Thread on why @MetisDAO could change the DeFi and NFT layout forever while also alleviating @ethereum's congestion
(1/18)
2/ @MetisDAO just launched their Decentralized Storage Today, nuking gas fees to $0.02/tx and $0.17/swap
I'm sure you know this is good for the network, since it might incentivize a larger tx volume, but have you taken in consideration the potential upsides for NFTs and DeFi?
Apr 4, 2022 • 34 tweets • 21 min read
Option contracts trading vol. broke records consecutively each of the last 4yrs
According to @USOCC , US Options Market alone had a notional value of $36T in Q1'21. Therefore...
🧵Thread introducing the new Option Contracts Sheriff in @MetisDAO town:
Now that we know wassup with $METIS and we know that @MaiaDAOMetis is a gigabrain play for 2022...
I'll share the bridges I use to transact between Fantom and Andromeda 15/ Access Routes to @MetisDAO
@relay_chain is the fastest one and has a fixed bridging cost of $10. Assets supported are $WFTM, $MIM, $WBTC and $RELAY
@TheBoringDAO is also very good, has a $10 bridging cost(if doing $25,000 or up it goes to $20ish) and supports $USDC & $USDT
Mar 6, 2022 • 14 tweets • 12 min read
Centralization is a dangerous word
A decentralized network represented by a single face is still subject to a single point of failure, & recent events have made this very clear
🧵Thread on what happened Today in DeFi, the current scenery, & the upcoming role of @MetisDAO
1/29
2/ On this thread we'll cover:
• #andrecronje quitting $FTM & what (possibly) led 2 it
• What's on the plate for $FTM
• @MetisDAO
• Fits like Cinderella's shoe
• Access routes to @MetisDAO
• DeFi Sauce in @MetisDAO
• @MetisDAO NFT Collections
Get some 🍿and lets go👇
Mar 4, 2022 • 18 tweets • 14 min read
Metisian Farmer helps Metisian Farmer🧑🌾🤝🧑🌾
🧵Short thread on some tasty farms in @MetisDAO with VERY nice APYs that us farmers can take advantage of🚜📈
2/ We'll cover farms and vaults from: