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 Synth

The Metronome Token ($MET)

PreviousExternal LiquidityNextMetronome Synth Protocol

Last updated 9 months ago

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Metronome’s native token (, also referred to as MET) is an ERC-20 utility token. There are two primary use cases for the MET token.

  • Governance: $MET can be locked in return for esMET, which is the governance token for the Metronome DAO. This will enable users to participate in governance proposals and voting.

  • Trading Fee Discounts: Users will be able to ‘stake’ their $MET by depositing their token into a smart contract with a set duration of time for the lockup. Using a tiered system based on the number of esMET held, and the duration of lockup chosen, users will receive a discount on all synthetic trading fees. Full details coming soon.

Future and additional use cases for the MET 2.0 token are being explored. This document will be continually updated with the latest information.

$MET