Metronome
  • Metronome Synth
    • Introduction
    • Treasury Management
    • Protocol Owned Liquidity
      • External Liquidity
    • The Metronome Token ($MET)
    • Metronome Synth Protocol
      • Metronome Synth Features
      • Metronome Dashboard
      • Liquidations and Collateral Factors
      • Productive Collateral
      • Supported Assets
      • Synth Marketplace
      • DeFi Ecosystem
      • Metronome Synth Mintage and Deposit Caps
    • Risks
      • Liquidation
      • Black Swan
      • Oracle Disruptions
    • Metronome Revenue Model
    • Metronome Synth Glossary
    • Contracts
  • Smart Farming
    • Introduction
    • How Does it Work?
    • Competitive Advantages
    • Step-by-Step Guide
    • Loopage
    • Auto Repay
    • Risks
    • FAQ
  • Tokenomics
    • esMET
    • Governance
      • Lock MET
        • How to Lock MET
      • Early Unlock
        • How to Unlock MET
    • Trading Fee Discount
  • Contract Overview
    • Liquidation
    • Pool
    • Fees
    • Rewards
  • Metronome 2.0
    • Introduction
    • MET Tokenomics
    • Metronome DAO
      • Voting and Participation
      • Treasury Management
      • Metronome Improvement Proposal (MIP) Template
    • FAQ
    • Glossary
  • resources
    • Official Links
    • Brand Assets
    • Metronome 1.0
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  1. Metronome 2.0

Glossary

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Last updated 2 years ago

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Metronome DAO

Metronome 2.0 is being launched as a DAO (Decentralized Autonomous Organization), giving MET token holders the opportunity to participate in governance and decision making over all things related to Metronome. To read more about what a DAO is and the philosophy behind DAOs, please read this .

Autonomous Converter (ACC)

A feature that existed in Metronome 1.0 but has since been retired that allowed users to convert ETH for MET 1.0 tokens, and vice versa. The ACC is an Automated Market Maker (AMM) that precedes other AMMs like Uniswap and Curve.

Daily Auctions

A feature that existed in Metronome 1.0 but no longer exists in Metronome 2.0, that facilitated daily auctions of the MET 1.0 token.

Treasury

8,203,669 MET of the 14,213,183 total supply is allocated to Metronome DAO Treasury. The Treasury is also allocated 8,346 ETH. The Treasury is positioned for strategic deployment to develop and grow Metronome and support the token ecosystem. Treasury funds may be deployed according to proposals submitted and approved by MET DAO participants.

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