Metis restarts the decentralized sequencer (DSEQ), optimizing the ecosystem and enhancing user participation through performance rewards and LST incentive mechanisms. ENKI, as the first participant, will help boost liquidity and promote the sustainable development of the DeFi ecosystem.
Metis has restarted the decentralized sequencer (DSEQ), aiming to drive DeFi transformation within the ecosystem. ENKI will be the first participant in the DSEQ restart initiative. The plan introduces performance-based rewards, enhanced liquid staking token (LST) incentive mechanisms, and will place greater emphasis on aligning the interests of infrastructure operators and participants. The strategic significance of the decentralized sequencer restart is to: stabilize the DeFi foundation by coordinating LST incentives; link user incentives with protocols to promote sustainable ecosystem development; enhance the attractiveness of Metis as a decentralized infrastructure by establishing closer connections between users, projects, and sequencer nodes. ENKI: Leading the decentralized sequencer restart As a leading LST protocol in the Metis ecosystem, ENKI plays a key role in the DSEQ restart, including: Strengthening the reward structure: ENKI will receive 15,000 METIS tokens from DSEQ node operations and LST protocol incentives. These rewards aim to enrich the liquidity pool and enhance user participation. Advantages of LST integration: By redesigning the reward distribution mechanism for decentralized sequencer operations, ENKI will help enhance liquidity and provide sustainable reward opportunities. Setting 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 yields and ecosystem rewards from decentralized sequencer (DSEQ) operations, with the specific process as follows: Metis to eMetis conversion: Users deposit Metis to obtain eMetis, which is a liquid staking token pegged 1:1 to Metis. Converting eMetis to seMetis: To maximize stable returns, users can convert eMetis to seMetis, which is a token providing sustainable rewards. seMetis unlocking and incentive mechanism: 70% of the total rewards are unlocked immediately. 30% are unlocked over 90 days, at a redemption ratio of 10:1 for ENKI tokens, ensuring sustainability. Participating in liquidity pools: Providing 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 sequencer restart benefits the ecosystem Supporting DeFi protocols: By creating stable liquidity pools and incentivizing long-term participation, protocols can thrive in the Metis ecosystem. Empowering users: Users can obtain reliable rewards through DSEQ earnings, providing liquidity, and participating in protocol interactions. Enhancing network security: Decentralized sequencer nodes contribute to the overall security and reliability of the Metis network. Promoting ecosystem growth: This restart ensures efficient capital flow, benefiting all participants while fostering innovation. Looking ahead, the DSEQ restart led by ENKI is just the beginning. Metis will expand its ecosystem through: Cross-protocol LST applications and composability. Optimizing reward distribution mechanisms based on network activity. Developing new integrations in fields such as DeFi and GameFi.