Metis has restarted the decentralized sorter (DSEQ) to drive DeFi transformation within the ecosystem. ENKI will be the first participant in the DSEQ restart activities. The plan introduces performance-based rewards, enhanced liquidity staking token (LST) incentive mechanisms, and will pay more attention to aligning the interests of infrastructure operators and participants.
Strategic significance of the decentralized sorter restart
The restart of the decentralized sorter (DSEQ) aims to:
Solidify DeFi fundamentals by coordinating LST incentive measures.
Link user incentives with the protocol to drive sustainable ecosystem development.
Enhance the attractiveness of Metis as decentralized infrastructure by establishing closer connections between users, projects, and sorter nodes.
ENKI: Leading the decentralized sorter restart
As a leading LST protocol in the Metis ecosystem, ENKI plays a key role in the decentralized sorter (DSEQ) restart, including:
Strengthen the reward structure: ENKI will receive 15,000 METIS tokens from DSEQ node operations and LST protocol incentives. These rewards are aimed at enriching the liquidity pool and enhancing user participation.
LST integration advantages: By redesigning the reward distribution mechanism for decentralized sorter operations, ENKI will enhance liquidity and bring sustainable reward opportunities.
Set standards: As the first protocol in the DSEQ restart, ENKI will establish benchmark indicators such as liquidity depth, reward distribution efficiency, and user participation as future guiding norms.
ENKI user participation process and rewards
ENKI allows users to seamlessly obtain higher returns and ecosystem rewards from centralized sorter (DSEQ) operations, with the specific process being:
Metis exchanges for eMetis: Users deposit Metis to obtain eMetis, a liquidity staking token pegged to Metis at a 1:1 ratio.
Convert eMetis to seMetis: To maximize stable returns, users can convert eMetis to seMetis, a token that provides sustainable rewards.
seMetis unlocking and incentive mechanism:
70% of total rewards are unlocked immediately.
30% is unlocked within 90 days, at an exchange ratio of 10:1 for ENKI tokens to ensure sustainability.
Participate in liquidity pools: Provide liquidity for incentive pools such as ENKI/Metis, ENKI/NETT, and eMetis/Metis on decentralized exchanges to earn trading fees and additional rewards.
How the decentralized sorter restart benefits the ecosystem
Support DeFi protocols: By creating stable liquidity pools and incentivizing long-term participation, protocols can thrive within the Metis ecosystem.
Empower users: Users can earn reliable rewards through DSEQ earnings, providing liquidity, and participating in protocol interactions.
Enhance network security: Decentralized sorter nodes help improve the overall security and reliability of the Metis network.
Drive ecosystem growth: This restart ensures efficient flow of funds, benefiting all participants while promoting innovation.
Looking ahead
The DSEQ restart led by ENKI is just the beginning; Metis will expand its ecosystem through the following ways:
Cross-protocol LST applications and composability.
Optimize the reward distribution mechanism based on network activity.
Develop new integrations in fields such as DeFi and GameFi.
