Metis Token price
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About Metis Token
Disclosures
Metis Token risk
This material is for informational purposes only and is not exhaustive of all risks associated with trading Metis Token. All crypto assets are risky, there are general risks in investing in Metis Token. These include volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk & cyber security risk. This is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto assets; or (iii) financial, accounting, legal or tax advice. Profits may be subject to capital gains tax. You should carefully consider whether trading or holding crypto assets is suitable for you in light of your financial situation. Please review the Risk Summary for additional information.
Investment Risk
The performance of most crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
Lack of Protections
Crypto assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto asset investments.
Liquidity Risk
There is no guarantee that investments in crypto assets can be easily sold at any given time.
Complexity
Investments in crypto assets can be complex, making it difficult to understand the risks associated with the investment. You should do your own research before investing. If something sounds too good to be true, it probably is.
Concentration Risk
Don't put all your eggs in one basket. Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
Five questions to ask yourself
- Am I comfortable with the level of risk? Can I afford to lose my money?
- Do I understand the investment and could I get my money out easily?
- Are my investments regulated?
- Am I protected if the investment provider or my adviser goes out of business?
- Should I get financial advice?
DeFi tokens
Decentralised Finance ("DeFi") tokens are crypto assets built on decentralised blockchain technology for financial applications or protocols. Risks linked to DeFi tokens include:
Enterprise Risk
Interactions between multiple DeFi protocols create a situation where a vulnerability or breakdown in one protocol can trigger a cascading effect, affecting other interconnected platforms.
Technology Risk
DeFi protocols frequently depend on external data sources or oracles, and any tampering or inaccuracies in these data streams can result in a lack of trust and reliability in the protocols.
Regulatory Risk
Governments and regulatory bodies around the world can introduce new regulations or ban certain aspects of the cryptocurrency market, affecting its legality and viability, which could affect token liquidity and/or value.
Legal Risk
Certain tokens may be used for operating a decentralised exchange platform which may contain additional risks:
- The platform may allow users to participate who have not been vetted or verified and therefore expose the possibility that users are interacting with sanctioned entities.
- The platform may be accessible in jurisdictions where some or all the exchange activity should be regulated. If a local regulator deemed the platform activity to be in breach of local regulation, they may request cessation or termination of the service which could affect token liquidity and/or value.
Market Risk
Given their novelty, the evolving technology involved and lack traditional asset structure, valuing crypto assets can be very difficult or impossible. This means valuations are determined by demand that is at risk of manipulation in various ways.
Metis Token’s price performance
Metis Token on socials
Guides
Metis Token FAQ
MetisDAO is a decentralized autonomous organization that provides a robust infrastructure for building, scaling, and managing decentralized applications (dApps) and DAOs. It operates on a Layer 2 blockchain framework, leveraging the power of Ethereum. METIS is the native utility token of the MetisDAO ecosystem, playing a vital role in facilitating transactions, incentivizing participants, and powering governance mechanisms.
METIS tokens serve as a medium of exchange, enabling seamless transactions and access to services within the MetisDAO network. By holding and staking METIS tokens, participants can actively contribute to network security and earn rewards. METIS tokens also provide voting rights, allowing token holders to participate in governance decisions and shape the future of the ecosystem.
Easily buy METIS tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal offers the METIS/USDT trading pair.
You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for METIS with zero fees and no price slippage by using OKX Convert.
Dive deeper into Metis Token
MetisDAO (METIS) is a pioneering decentralized autonomous organization (DAO) that aims to revolutionize collaboration and empower individuals and organizations in the blockchain space. Built atop the Ethereum blockchain as a Layer 2 solution, Metis provides a comprehensive infrastructure for building, scaling, and managing decentralized applications (dApps) and DAOs. Its native utility token, METIS, facilitates seamless transactions, incentivizes network participants, and powers governance mechanisms within its ecosystem.
What is MetisDAO
In the ever-evolving landscape of blockchain technology, DAOs have gained significant traction. They aim to revolutionize traditional systems by enabling decentralized decision-making and community governance. Among these emerging technologies, MetisDAO stands out as a promising platform that empowers individuals and organizations to collaborate seamlessly in a decentralized manner.
The MetisDAO team
Behind the development of MetisDAO is a talented and diverse team of blockchain enthusiasts and entrepreneurs. Led by CEO Elena Sinelnikova, the founder of Cryptochicks, the team brings together expertise in blockchain technology, decentralized systems, and community building. They are driven by the vision of creating an inclusive and efficient ecosystem that empowers participants to collaborate and create value collectively.
How does Metis work
At its core, MetisDAO provides an all-encompassing infrastructure that enables users to build, scale, and manage dApps and DAOs easily. MetisDAO offers robust tools and services, including a decentralized identity system, governance mechanisms, and resource management solutions.
MetisDAO native token: METIS
The MetisDAO ecosystem operates on its native utility token, called METIS. This token plays a crucial role in facilitating transactions, incentivizing network participants, and powering the governance mechanisms within the ecosystem. As a utility token, Metis fuels the operations of dApps and DAOs built on the MetisDAO platform.
METIS tokenomics
Metis has a well-defined tokenomics structure designed to ensure stability and promote the ecosystem's growth. The total supply of METIS tokens currently stands at 5,410,000 tokens, with 4,466,402 in circulation.
A portion of the token supply is allocated to incentivize early adopters, contributors, and the community. This allocation encourages active participation and contribution to the MetisDAO ecosystem.
How to stake METIS
Staking METIS tokens is a crucial aspect of the ecosystem, allowing token holders to participate in securing the network and earning rewards actively. MetisDAO offers various staking options, including staking on the mainnet or participating in liquidity mining on supported decentralized exchanges (DEXs).
METIS use cases
METIS has multiple use cases within the MetisDAO ecosystem. They serve as the primary medium of exchange for transactions within the network. Metis tokens are used for paying transaction fees, accessing services, and participating in governance decisions. They are also used to incentivize users, developers, and contributors, driving adoption and growth.
METIS token distribution
The distribution of METIS tokens is carefully structured to ensure fairness and long-term sustainability.
- The first 49.3 percent of METIS tokens was minted in 2021 for the cold launch, team, advisors, investors, and ecosystem and community development
- 4.86 percent for community benefits, including mining
- 10 percent for early-stage Rangers mining
- 3 percent for community development in the upcoming Discovery Age
- 32.84 percent for transaction-related mining in the upcoming Discovery Age
The promising future of MetisDAO
MetisDAO is an innovative platform that fosters decentralized collaboration and empowers individuals and organizations to build and scale their decentralized applications and DAOs. With a robust infrastructure, an engaged community, and a well-designed token economy, MetisDAO is poised to shape the future of decentralized governance and contribute to the growth of the blockchain ecosystem.
Disclaimer
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