Is Metis a project supported by Vitalik’s mother? This rumor became my first impression when I learned about Metis last year. Anyway, no matter what the rumor is, the achievements of Metis @MetisL2 in the past two years cannot be ignored.

1. Understand Metis in one sentence: An Ethereum second-layer expansion solution incubated by MetisDAO, aimed at improving the scalability of the Ethereum network; Metis’ TVL has exceeded US$800 million, becoming the fourth largest Ethereum second-layer protocol.

2. Understand the recent situation of Metis:

Metis has launched a wealth of ecological incentives, attracting many high-quality projects to be deployed on Metis, and continuously expanding its ecological map. For example, Artemis Finance and Enki Protocol.

Mining Activity 1: Artemis is the first liquid staking provider deployed on Metis, which is already running on Mainnet and has a TVL of more than US$5 million. Users can start earning sequence rewards through artMETIS 👉 artemisfinance.io/stake

Mining Activity 2: Enki Protocol launches its liquid staking token (LST) on Metis. The main way to earn points is to mint eMetis by staking Metis or to stake eMetis into seMetis. 👉enkixyz.com/mint

Coin price and token utility: $METIS has a circulation market value of only 440 million and a fdv of 780 million. The historical highest price is 323 US dollars and the current price is 78 US dollars. The utility of $METIS tokens includes network fees, node staking and governance voting, so it is not only a value target, but also contributes to the development of the network.