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Metal DAO
MTL
Metal DAO’s MTL token powers a Layer 2 scaling solution on Ethereum, slashing fees and boosting speed for DeFi activities. It governs the ecosystem, including the XMD stablecoin backed by reserves, while bridging traditional finance with blockchain through compliant tools. Users enjoy seamless transactions and real-world financial access in a secure, scalable network.
Kurssi*: ...
Muutos (24H)*: ...
Market Cap*:
Julkaisuvuosi:
Verkko: Ethereum (Layer 2 Optimistic Rollup)
Protokolla: Optimistic Rollups

* Ei reaaliaikaiset tiedot.

* Mikään Euroopan unionin jäsenvaltion toimivaltainen viranomainen ei ole hyväksynyt tätä kryptovaran kuvausta. Kryptovaran tarjoaja on yksin vastuussa tämän kryptovaran kuvauksen sisällöstä.

Alkutarina

Originally launched as Metal Pay to connect fiat and crypto worlds effortlessly, the project evolved into Metal DAO under Metallicus, embracing decentralized governance. Inspired by merging banking reliability with blockchain innovation, it shifted to Metal L2 on the Optimism Superchain for better scalability. This transition humanizes finance by rewarding everyday payments via Proof-of-Processed-Payments (PoPP).

Esimerkkejä tosielämästä

Traders use Metal X, a zero-gas DEX on XPR Network, for instant swaps, lending, and farming without lock-ups, all compliant with fiat on-ramps. Holding over 10,000 MTL unlocks 0% fees on crypto buys via the Metal Pay app, perfect for frequent users. The XMD stablecoin enables quick fiat-stablecoin transfers, streamlining real-money DeFi flows.

Hauskoja faktoja

Total supply sits at 78.59 million tokens, all circulating since late 2024, with no new minting surprises. It skips energy-hungry mining, earning via PoPP for payments or staking rewards instead. Integration into the Superchain unlocks shared bridges and optimizations, making cross-chain moves a breeze.

Yhteisön kohokohdat

Holders propose and vote on big calls like adding stablecoins to XMD or funding devs, building a treasury from fees. Staking grants voting power on upgrades and fees, fostering active involvement. Social vibes thrive around Metal Pay’s user-friendly tools, drawing in fintech fans and DeFi enthusiasts.

Mikä tekee MTL erityisen?

Unlike basic tokens, MTL pays gas on Metal L2’s Optimistic Rollups, keeping Ethereum secure yet super cheap and fast. It stands out with bank ties, on-chain IDs, and XMD governance, blending TradFi compliance into DeFi. Tiered perks like fee-free trading set it apart for everyday crypto users.

Tulevaisuuden visio

Roadmap eyes fee cuts, decentralized storage, and crypto upgrades via Superchain synergies. Expansion includes more stablecoin issuers like community banks into XMD. Aims to lead compliant Web3 finance, scaling adoption with developer grants and seamless TradFi-DeFi bridges.
ESG Disclosure +

Energy consumption: 15.88829 kWh/a | Renewable energy: 0%

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.

Name Coinmotion Ltd
Relevant legal entity identifier 2135881-0
Name of the crypto-asset Metal
Consensus Mechanism The crypto-asset's Proof-of-Stake (PoS) consensus mechanism, introduced with The Merge in 2022, replaces mining with validator staking. Validators must stake at least 32 ETH every block a validator is randomly chosen to propose the next block. Once proposed the other validators verify the blocks integrity. The network operates on a slot and epoch system, where a new block is proposed every 12 seconds, and finalization occurs after two epochs (~12.8 minutes) using Casper-FFG. The Beacon Chain coordinates validators, while the fork-choice rule (LMD-GHOST) ensures the chain follows the heaviest accumulated validator votes. Validators earn rewards for proposing and verifying blocks, but face slashing for malicious behavior or inactivity. PoS aims to improve energy efficiency, security, and scalability, with future upgrades like Proto-Danksharding enhancing transaction efficiency.
Incentive Mechanisms and Applicable Fees The crypto-asset's PoS system secures transactions through validator incentives and economic penalties. Validators stake at least 32 ETH and earn rewards for proposing blocks, attesting to valid ones, and participating in sync committees. Rewards are paid in newly issued ETH and transaction fees. Under EIP-1559, transaction fees consist of a base fee, which is burned to reduce supply, and an optional priority fee (tip) paid to validators. Validators face slashing if they act maliciously and incur penalties for inactivity. This system aims to increase security by aligning incentives while making the crypto-asset's fee structure more predictable and deflationary during high network activity.
Beginning of the period 2025-02-08
End of the period 2026-02-08
Energy consumption 15.88829 (kWh/a)
Energy consumption resources and methodologies The energy consumption of this asset is aggregated across multiple components: To determine the energy consumption of a token, the energy consumption of the network(s) ethereum is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the activity of the crypto-asset within the network. When calculating the energy consumption, the Functionally Fungible Group Digital Token Identifier (FFG DTI) is used - if available - to determine all implementations of the asset in scope. The mappings are updated regularly, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Renewable energy consumption 0%
Energy intensity 0 (kWh)
Scope 1 DLT GHG emissions - Controlled 0 (tCO2e/a)
Scope 2 DLT GHG emissions - Purchased 0 (tCO2e/a)
GHG intensity 0 (kgCO2e)
Key energy sources and methodologies
Key GHG sources and methodologies

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