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Cryptocurrency News Articles

Metis Token will hold an AMA on X

May 20, 2025 at 02:39 am

Metis Token will hold an AMA on X on May 20th at 16:00 UTC, focusing on developments within the Hyperion ecosystem.

Metis Token will hold an AMA on X

Join us for an AMA on X on May 20th at 16:00 UTC, where we'll be discussing the latest developments within the Hyperion ecosystem.

We've been busy building and innovating, and we're excited to share what we've accomplished.

From the seamless integration of Metis Oracles for external data to the unwavering security provided by Metis Nodes, we'll delve into the key components that make up the Hyperion Layer 2.

Moreover, we'll shed light on Metis SubGraph, our indexing protocol for efficient data organization and retrieval using GraphQL.

Have questions about the Metis network, tokenomics, or anything else? Submit them in the comments below, and we'll do our best to answer them during the AMA.

See you there!

Metis is a Layer 2 Rollup platform built on the Ethereum network that 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.

Original source:tradingview

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