The fund, called the Metis Ecosystem Development Fund (Metis EDF), will allocate 4.6 million METIS tokens, which will all go to “sequencer mining, retroactive funding, deployment of new projects and other endeavors,” according to a press release shared with CoinDesk.
Related posts
-
Solana Meme Coins Outperform Ethereum 800% YTD
In the first quarter of the year, Solana-based meme coins have emerged as the frontrunners, surpassing... -
Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level
Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level... -
Bitcoin Price Could Crash Like In May 2021, Warns Fund Manager
Bitcoin’s price has fallen below the critical support level of $60,000, reaching a low of $57,914....