Looking at the empowerment path of L2 tokens from Metis. Among the several#layer2of Ethereum, #Metis’s recent TVL increase is impressive, which should be related to its opening of community testing. Of course, the main reason is because of the huge increase in the market value of $METIS.

The biggest highlight of #Metis is the first layer2 on Ethereum to have its own decentralized sorter. On February 5, the second phase of the community test of the decentralized sorter was launched, and it was announced that it will be launched in 2024. Allocate 250,000 $METIS to the ecosystem.

昨天 MetisL2官方也透露其去中心化排序器即将到来，随着坎昆升级的临近，预计链上热度还会持续。

Because there is a decentralized sorter, $METIS has another important role compared to $ARB , $OP and other governance tokens: acting as a pledge token and payment for the decentralized sorter node gas. Since there is a pledge, LSD and even LRD can be played on Metis.

For example, #ENKIProtocol targets the subdivision of sorting node staking. ENKI is similar to#Lidoand is the first liquid pledge derivative of the Metis decentralized sorter. It solves the problem of ordinary users having difficulty participating in the Metis sorter node network due to restrictions such as whitelist requirements and minimum pledge amounts.

ENKI draws on Frax's dual-token model. $METIS can be pledged and exchanged for $eMETIS (similar to $frxETH); $eMETIS can be pledged to get $seMetis (similar to $sfrxETH). The staking income can be accumulated over time. Obtaining staking rewards is intuitive and convenient. .

However, it should also be noted that due to restrictions on the sorter rules and to ensure stability, the first phase of ENKI prohibits withdrawals from eMetis to Metis. With the gradual stabilization of the Metis sequencer network and platform, withdrawals will be opened at an appropriate time.

Currently, ENKI is also conducting the second season of test network activities, so you can pay attention.

Let’s talk about the $ENKI token again. The expected maximum supply of $ENKI is 10M. Its maximum supply limit can be changed, but any additional issuance exceeding the maximum supply will be subject to a 28-day time lock. Before the maximum supply needs to be changed, a community governance vote is initiated to ensure fairness.

The initial allocation of $ENKI is:

Market, partners and early community supporters: 10% of the total

Protocol liquidity support: accounting for 10% of the total, and will be added in batches based on market demand and protocol income.

Future mining incentives and some market activities: account for 80% of the total, and will be gradually released through various forms.

A special point is that the ENKI team does not hold any token allocation shares and does not raise funds. The token release at all stages is carried out in a fair launch manner (the project team is quite large).

ENKI has currently launched a genesis plan called "Fantasy", releasing the first batch of 10% of ENKI tokens in stages as an incentive. So the initial circulation should not exceed 10%.

I think that given the decentralized maximalist thinking of most people in the blockchain world, a decentralized sorter is indeed a major need for L2, whether it is a native decentralized sorter or a modular shared one. Both sequencers have good narratives and will continue to create value in the future. You can pay attention to this track.