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Cryptocurrency News Articles

Metis Token Announces the Metis BUIDL Hour during ETHDenver

Feb 09, 2025 at 06:43 am

The event aims to bring together members of the Ethereum community, including developers, partners, and community members, for workshops, presentations, and live feedback discussions.

Metis Token Announces the Metis BUIDL Hour during ETHDenver

Layer 2 Rollup platform Metis Token has announced the Metis BUIDL Hour during ETHDenver, scheduled for February 26th in Denver.

The event will see members of the Ethereum community, including developers, partners, and community members, come together for workshops, presentations, and live feedback discussions.

Those interested in attending the event can RSVP here and follow Metis on Twitter for updates.

Metis Token is a Layer 2 Rollup platform built on the Ethereum network. It aims to tackle some of the key challenges faced by the main net Ethereum — namely transaction speed, cost, and scalability. It achieves this by offering a framework for simple, rapid deployment of smart contracts within the network, thereby facilitating seamless and efficient operations on the Ethereum blockchain.

At the core of Metis’s offerings are several key features: Metis Oracles, Metis Nodes, and Metis SubGraph. Metis Oracles provide real-time data from external sources, connecting blockchains to external systems and supplying smart contracts with crucial outside information. Metis Nodes, which store a complete copy of the distributed network, enhance security and reliability. Lastly, the Metis SubGraph serves as an indexing protocol for gathering, processing, and storing data for use in the blockchain network, aiming to ease information retrieval through a service known as GraphQL. These combined features position Metis as a significant player in improving the functionality and performance of the Ethereum network.

METIS is an ERC-20 governance token compatible with the Ethereum blockchain network. The main use cases for the METIS token are paying transaction fees on the Metis network and staking.

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