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How Metis Took 2024 by Storm: A Year of Decentralization and Ecosystem Growth
- Metis became the first Ethereum Layer-2 protocol to decentralize its sequencer and distributed transaction ordering across multiple nodes, offering increased security and network resilience.
- Four independent decentralized sequencer nodes were added, bringing benefits of network optimization and improved security, by leading external decentralized sequencer clients such as Hashkey Cloud, SNZ, B-Harvest, and OKX.
- In August, over 3,000 METIS tokens worth $100,000 were used in a Quadratic Funding (QF) round, an innovative crowdfunding mechanism empowering the community to contribute directly to creative projects.
- Apart from the QF program, Metis launched the STARTathon program for web3 developers and entrepreneurs providing long-term support of an accelerator, and the Metis Accelerate Grants program with a budget of $250,000 for rapidly expanding web3 projects.
- In 2024, Metis launched the Metis GameFi Quantum Leap Accelerator Program in collaboration with ABGA and Google Cloud, leading to the emergence of successful decentralized games.
- Metis has partnered with some leading projects in the Web3 industry including Chainlink, Google Cloud & ABGA, Aave, Thrive, API3, codatta, Cede.store, and Nodies for community testing.
- Integration with Secret Network’s Confidential Computing Layer to build a robust privacy-preserving DeFi landscape, and imToken Wallet, Coin98 super wallet, Maestro bot and Ethena for generating yields.
- Metis Foundation has pledged to offer $4 million in its annualized incentives program to support innovative web3 protocols.
- The Metis Voyage Alphadrop campaign has been introduced to encourage the community to explore the Metis dApps ecosystem and complete quests to earn rewards.
- Overall, 2024 was a year of comprehensive ecosystem growth for Metis as it became the most builder-supportive, user-rewarding, and decentralized Ethereum Layer-2.
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