Create a single unified blockchain
Vilnius, Lithuania, March 15, 2022 (GLOBE NEWSWIRE) — Metria Network, the long-awaited solution for the entire crypto industry will soon be within reach. The on-chain independent decentralized infrastructure is designed to meet the needs of new-era DeFi and NFT applications by overcoming issues of scalability, interoperability, and liquidity fragmentation.
Currently under development, the Metria multi-chain platform is a Polygon-based ecosystem that combines the features and enhancements needed to enable seamless transfer of digital assets and liquidity between protocols. Although a native Polygon platform, Metria also supports Ethereum and Binance Smart Chain at the moment, with plans to include more protocols in the future.
An overview of the Metria ecosystem
The Metria ecosystem provides all the infrastructure and tools needed to develop and deploy a diverse range of multi-chain enabled DeFi and NFT applications. The first products to be launched as part of the ecosystem are the project’s flagship decentralized exchange – Metria DEX, NFT tools and the Unified NFT Marketplace platform and Universal Staking and Farming.
The native DEX protocol of the Metria ecosystem, Metria DEX is a fully decentralized and user-friendly multi-chain exchange platform that incorporates a familiar interface and CEX-like functionality. The exchange protocol acts as a one-stop-shop for users to trade any crypto asset, available on any of the supported blockchain protocols. In addition to enabling cross-chain trading of existing crypto assets, the platform also supports trading of synthetic tokens linked to real-world assets.
The Metria DEX dashboard acts as a unified interface for cross-chain transactions, exchanges, staking, yield farming, and other DeFi activities. Besides its own staking and farming protocols, Metria DEX also acts as an aggregator by listing staking pools and common APYs in real time. Users can directly stake their assets on any of the listed pools from the dashboard.
Unified NFT Market
Metria is laying the foundations for a robust and universal NFT ecosystem with its unified NFT Marketplace. The first-of-its-kind decentralized multi-chain NFT marketplace allows users to mint, trade and auction NFTs within Metria as well as other blockchain ecosystems. As the name suggests, the Unified NFT Marketplace acts as a one-stop-shop for users to discover NFTs in different marketplaces on various protocols and purchase them directly using Metria’s native utility token.
NFT creators can use NFT creation tools and other NFT-related services to create NFTs, assess their value, and list them on the Unified NFT Marketplace. Once listed, NFTs will be indexed in all markets on all supported protocols, which amplifies the possibility of discovery in the process.
Being developed alongside other features of the Metria platform, Metria Blockchain is an EVM-compliant PoS blockchain protocol based on Polysharding, designed for chain-agnostic operations. The protocol is developed as a universal protocol that can meet the needs of new-era DeFi and NFT projects by providing a low-cost, highly scalable, and fully decentralized infrastructure solution. Cross-chain capability and EVM compatibility make it easy for new and existing projects to adopt Metria and access a much larger community and increased liquidity across different protocols. A key differentiator between Metria and other networks is Metria’s ability to enable seamless transfer of assets between protocols using a specialized cryptographic bridge infrastructure. By erasing the boundaries between protocols, Metria enables the free flow of liquidity to maintain a healthy balance between demand and supply for projects within the ecosystem.
The $METR token
$METR powers Metria’s entire cross-chain ecosystem, now and in the future. An ecosystem utility and governance token, $METR is a multi-chain token that will initially be available on Polygon, Ethereum, and Binance Smart Chain. Its presence will expand to other protocols as Metria expands support for these strings.
$METR is the preferred mode of value exchange within the Metria ecosystem. Using the token, users can access various products and services, enjoy reduced trading fees on Metria DEX and NFT Marketplace, and earn through staking, liquidity sourcing, and yield farming activities within of the ecosystem.
The upcoming whitelisting and public sale of $METR will be followed by listing on popular DEX AMMs – Uniswap, QuickSwap, and PancakeSwap on Ethereum, Polygon, and Binance Smart Chain respectively will provide community access to the token.
Metria is a comprehensive and fully decentralized financial ecosystem that erases all boundaries between Blockchains and Cryptocurrencies. A unified platform, the infrastructure is designed to provide every individual with easy access to digital assets.
To learn more about Metria, visit: https://metrianetwork.io/
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