Glossary

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 article.

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.