Artemis and Hercules: Pioneering Partnership
We are thrilled to share with you our partnership with Hercules, the CamelotDEX model designed on Metis through a friendly authorized fork. Additionally, we are proud to reveal our strategic vision to become a part of the illustrious Hercules Olympic Circle. Together, we are committed to fostering a more efficient and seamless environment for users’ liquidity provision, ensuring enhanced accessibility and optimized utilization of liquidity across the platform.
Hercules: a capital-efficient DEX on the Metis Network
Hercules stands out for its capital efficiency and adaptability, providing a comprehensive suite of tools customizable to the needs of Metis builders. Furthermore, it guarantees tangible returns for the community while upholding sustainable tokenomics. The platform is powered by Camelot’s feature-rich AMM design, the leading DEX on Arbitrum.
Here are the features that make it stand out:
- Dynamic AMM — supports both volatile and stable pairs
- Concentrated Liquidity complexity abstraction — which significantly simplifies the liquidity provision process
- Liquidity position NFTs — all Hercules LPs are granted the ability to wrap their staked positions into NFTs
- Customized launchpad — a custom-built platform that offers several token launch strategies
Artmetis: Unleash the potential of decentralized sequencing for Metis
Artemis Finance is a liquid staking protocol designed exclusively for Metis Decentralised Sequencer Pools. Artemis offers METIS holders a streamlined opportunity to participate in the Decentralized Sequencer and earn profits. Simultaneously, participating users will receive a liquid wrapper called artMETIS, which automatically accumulates earnings. This single-wrapper mechanism provides a simpler and more unified user experience, eliminating the need for additional costs to incentivize liquidity across multiple wrappers.
What sets Artemis apart from others:
Artemis Finance offers users liquidity by having artMETIS
Users not only receive locking rewards from sequencing activities but also have the flexibility to sell artMETIS whenever they wish to exit their locking position.
Single LST Structure
Artemis offers a single yield-bearing liquid wrapper for staked METIS tokens, simplifying the user learning curve and enhancing liquidity concentration.
DeFi Composability
artMETIS will be available to use in various DeFi scenarios such as trading, lending and borrowing, and yield trading.
Governance by the Artemis Community
All protocol decisions are subject to Community voting, and every ART holder has the right to participate in these decisions.
Utilizing Metis Foundation node operators enhances the reliability of Artemis
Hercules x Artemis
Thanks to Hercules’ extraordinary features, Artemis will have the invaluable opportunity to optimize capital efficiency, catering to the diverse liquidity requirements for our community members. By implementing customized incentive models for artMETIS/METIS, we aim to foster greater participation and liquidity provision, ultimately fueling the growth and sustainability of Artemis and the METIS eco-system.
About Metis
Metis stands as an L2 scaling solution tailored for Ethereum, presenting a more effective and scalable foundation for decentralized applications and transactions. Its primary objective revolves around enhancing scalability, reducing costs, and thereby expediting the advancement of the Web 3.0 ecosystem.
Hercules and Artemis, integral components of the Metis ecosystem, are poised to forge a powerful partnership. Together, we envision a synergistic alliance that will not only strengthen our respective platforms but also invigorate the entire Metis ecosystem, driving it toward unprecedented levels of growth and vitality.
Hercules
Hercules is a community-first, capital efficient and flexible DEX developed with multiple tools to support the next generation of builders who look for sustainable liquidity in the Metis network.
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Artemis
Artemis Finance is a liquid staking protocol designed exclusively for Metis Decentralised Sequencer Pools. It is also a member protocol of NGAD.
