Meta Pool Monthly Recap — April 2024
TL;DR
- Activities of the ENOs participants
- Q2 Roadmap 2024 unveiled
- Ambassador Program
- mpDAO Migration
- QiDAO integrates mpETH
- mpETH Token on Linea
- SSV Report: One year of integration
Highlights
The Enterprise Node Operators Program During April
Meta Pool has been focusing on them since day one to support them with the benefits of liquid staking and a governance delegation system, helping small operators enter the NEAR Protocol ecosystem.
That being said, we have announced the Enterprise Node Operators Program in collaboration with the NEAR Foundation to onboard top-tier institutions and companies into the NEAR Ecosystem, fostering education and evolution within the ecosystem.
During April, Colossus has boosted the NEAR ecosystem by contributing over 150,000 $NEAR — Weekly ENO, Colossus.
Pier Two has boosted the NEAR ecosystem by contributing over 160,000 $NEAR — Weekly ENO, Pier Two.
AlumbLabs has created tutorials about how to secure your validator and launch a validator using Docker — Github Documentation.
We recently hosted a Twitter Space with Hispanic Validators that are contributing in the Enterprise Node Operators Program alongside Nacion Crypto, Sensei Node, and Alpha Growth. Listen to the recording: https://twitter.com/meta_pool/status/1782396546719355223
Stakecito Validator shared a comprehensive guide about NEAR.
Check it out: https://twitter.com/stakecito/status/1779667753470660832
Ambassador Program: Build the future of DeFi and Web3
Become a Meta Pool Ambassador: Spread DeFi & Earn Rewards. Join our vibrant Meta Pool Ambassador Program. Don’t miss this opportunity to be a key player in the future of DeFi.
Let’s build the future together — Apply now: https://bit.ly/meta-pool-ap
Q2 Milestones — Delivering a Multi-Chain Governance
We are definitely approaching a very important milestone for the Meta Pool liquid staking protocol, we are now ready to deliver on what we have committed to our community and the NEAR Protocol ecosystem — a protocol by the community for the community. It has been a great journey so far and the support from everyone has been very gratifying.
Read more: https://medium.com/meta-pool/q2-milestones-delivering-a-multi-chain-governance-085c8609775b
QiDAO Integrates mpETH as Collateral for MAI Stablecoin
Part of our milestones for Q2 is integrating with lending platforms on Ethereum and with the current market conditions it has become obvious that engagement is on Layer 2 on ETH.So we have decided to bridge our liquid staking token (LST) — mpETH to Linea. This will allow a much smoother adoption for users interested in leveraging our LST in a much faster and consumer-friendly protocol.
Our mpETH liquid staking token on Linea
What we want to deliver on Linea is an accessible liquid staking token for mass adoption, we have done this before and this started with our collaboration with Aurora in which we allow staking of wrapped NEAR tokens on the native L2 and minting of the liquid staking token stNEAR.
The development team is working on using the same tested and audited contract that will allow anyone with wETH tokens on Linea to stake natively on the Ethereum blockchain.
This will open the possibility of staking on Linea without paying high gas fees.
Read more: https://medium.com/meta-pool/mpeth-liquid-staking-token-on-linea-870b751be219
SSV Network & Meta Pool: Improving the Ethereum decentralization
Over the past year, Meta Pool has fully implemented Distributed Validator Technology (DVT) on our liquid staking platform using SSV Network. This technology has significantly contributed to decentralizing Ethereum’s validator network by allowing the splitting and distribution of validator keys into multiple KeyShares.
This approach has expanded the reach of ETH distribution to numerous validator nodes, enhancing network resilience and diversity.
Read more: https://medium.com/meta-pool/svv-network-meta-pool-4c892fda0341
Governance
Vote to earn rewards
During March, the protocol collected stNEAR 7,332 in fees. These fees are divided equally: 50% is allocated to the funds for the mpDAO Grants program and the other 50% is distributed among active voters who participated in voting for proposals in mpDAO Grants or voting for validators.
Protocol fees distributed for active voters in April was a total of 3,666 stNEAR tokens.
If you haven’t claimed your rewards yet, go to metapool.app/myvotes to claim them.
Note: The amount you received depends on the locked amount and lock days and if you participated in the mpDAO governance.
Our Ambassadors around the world
Meet our ambassadors, connect with them, and learn more about the Meta Pool ecosystem. In this section, you can find useful resources, events, content, workshops, and more from our ambassadors in several languages.
- Vietnam, Hoang Thien — Zealy Sprint: Bridge, Swap, Stake and Earn in Vietnamese
- Perú, Lematecat — Descentralización y Gobernanza Web3
- Indonesia, Max One — Talking about mpDAO Token
- Mexico, Marysol — Learn more about mpDAO Tokenomics Reset in Spanish
- Philippines, Pisces — Meta Pool Meetup
- Venezuela, SkyEmpire — mpDAO is coming — Space in Spanish
- Vietnam, Hoang Thien — Tokenomics Reset in Vietnamese
- Mexico, Abraham — Space about Meta Pool in Spanish
- Nigeria, Reece — Exploring Meta Pool DAO
April was incredible!
Let’s kick off May with even more exciting news and updates. Stay in the loop by following our official X and Telegram accounts for the latest event updates.
