Highlights — iZUMi Finance, DragonMaster Launch, MTRG Isolated Margin Trading on Gate.io
Meterians,
Welcome to the Meter Monthly Newsletter, a window to the ‘Meter’verse and its thriving ecosystem.
At Meter Foundation, our primary focus is on fostering network growth and providing critical support for the development of new dApps and a better experience for our users and developers.
Let us dive in for the details for the month of April.
iZUMi Finance is live on Meter Network!
We are thrilled to welcome IZUMI finance on Meter Network.
IZUMI Finance deployed its innovative Discretized-Liquidity-AMM (DL-AMM) model which was upgraded from Uniswap V3’s concentrated liquidity model. It supports discrete liquidity on every price tick enabling user s to place limit orders in a non-custodial orderbook way.
Community can leverage iZUMi to generate higher fee revenues per dollar liquidity, and implement Dollar Cost Averaging, Aggressive/Passive Profit Taking strategies effectively.
Read more on the announcement here. Understand the concentrated liquidity AMMs here. Watch the Meter Spaces episode with IZUMI Finance team here.
Dragon Master is live on Meter Network!
Have you checked your eligibility for the NFT Airdrop? Announcement here.
After the successful Dragon Master x Meter tournament with prizes worth $5,000 USD, the first blockchain-based Metaverse game that blends RTS, MOBA, Collection, and Play-to-Earn gameplay is live on the network. The game showcases players compete with their army of dragons of different sizes and capabilities on a battlefield of 5 tracks.
Checkout the Dragon Master website! Users can trade their tokens DMT and TOTEM on Voltswap.
Memo x Meter: Decentralized Storage services
This partnership with Memo labs strengthens the Meter ecosystem by providing reliable node data backup and delivering cutting-edge decentralized storage services for our projects. Read details on the announcement here.
zCloak’s VALID ID platform x Meter: Attested Identity
With its innovative solution, Valid ID streamlines authentication processes, enabling organizations to establish trust and credibility within the rapidly evolving Web3 space. Meter has successfully completed the attestation verifying the validity of our social presence. Community can check out our attestation here.
Shied Protocol x Meter: Smart Contract & KYC Audit Services
With this partnership, all ecosystem projects on Meter Network can avail Smart Contract & KYC Audit Services from Shield Protocol with extra benefits. Read more on the announcement here.
Gate.io x Meter: Margin Trading
Gate.io now supports Isolated Margin Trading for MTRG with 3x leverage. Access the Gate.io services here.
Lock VOLT on Voltswap, Earn Bribes
Have you vested your VOLT on Voltswap?
Some exciting bribes (upwards of 100% APR) are currently available on Voltswap thanks to the METER UP TVL Incentive Program
Keep an eye on Developer Incentive Programs
Read more on Incentive Programs in our Meter Docs.
Have you Checked the MTRG SQUAD NFTs?
Our most active Community Members recently launched the MTRG SQUAD NFTs. Check them out here.
Tesla Founding Validator NFTs moving to Meter Network
The “Meter Ecosystem — Roadmap to 500 Nodes” program provided utility to Tesla Founding Validator NFT by providing a delegation of 50,000 MTRG to any Validator holding the NFT. The utility going ahead will be associated with NFTs on Meter Network and not on Ethereum. Read more details here.
Partial Unbound live on Meter Network
With Partial Unbound, Node Operators and Delegators can now unbound a portion of their staking bucket based on their need. This is in contrast to the earlier setup which required users to unbound the entire staking bucket, losing bonus votes in the process. Read more on the announcement here.
Meter Spaces
Meter spaces continued to take a deep-dive into numerous ecosystem projects and provide them a platform to reach the Meter Community in a meaningful way.
C14 (Episode 25)
The show is hosted by Ara, a Meter community member weekly at 9:30 AM Pacific Time Saturday. Follow and Subscribe Meter Spaces on Twitter and YouTube.
Infographic Contest
We had a fun + informative contest for the Meter Community to showcase their creativity & understanding of the Meter ecosystem for a chance to win a share of $200 in $MTRG. The winners were announced here.
Total Value Locked
The TVL on the Meter ecosystem is $2.8 million.
Staking and Node Operation
There are currently 338 nodes on the mainnet supporting 11.26% APY on staking with 50% of the circulating supply staked.
Blocks and Transactions
We have surpassed over 37.2 million blocks on the Meter mainnet with an average latency of 1.9 seconds. Total transactions stood around 12.9 million.
User Wallets
The user wallets continued to grow to 21,318 wallets.
Gasless Swap
With growing ecosystem, CEX integrations and community, we introduced gasless swap for new users on https://wallet.meter.io/swap. Users can now get MTR for native gas transactions independently. A tutorial can be found on Meter docs.
MTRG Burn: Another month, another burn of transaction fees. We have now burned an overall of 13,901 MTRG through our burn program.
Key focus of Meter Foundation in the month of May are;
- Sumer.Money Audit and deployment on zkSync
- Liquid Staking Audit
About Meter.io
Meter is a layer 1 blockchain with Freedom and Fairness as the first principle. It is highly decentralized, censorship resistant yet blazing fast and MEV resistant. Its native metastable gas token completes Satoshi’s vision of a sound money independent of the fiat system.
Meter Ecosystem
Explorer: Meter Scan | Bridge: Meter Passport | DEFI: Voltswap , Jioswap, Chee Finance, Sumer Money, Minimax Finance, GemPad, Optical Finance, iZUMi Finance | P2E: Business Builders, TreasureBlox, CryptoBlades, Zomland, DragonMaster, CryptoPolis | NFT Collections: MTRG SQUAD, Meter Punks, Meter Mallows, NFTBattles, Universal NFT | NFT Marketplace: NFTing, Voltswap, TofuNFT, Meter Town | Domains: MTRG Domains, WEB3 Names | Miscellaneous: Golucky.io, Meter Miner, Daily Coin Crypto, LlamaPay | Infrastructure/ Tooling: Meter Multisig, Defillama, POKT, Sourcify, C14 (Fiat on-ramp) | Oracles: Witnet, Band Protocol, Pyth
Meter official website and community
Website, Twitter, Telegram, LinkedIn, Reddit, Discord, Media Contact
