We announced Metronome in 2017 and launched it in 2018, anticipating much of what would today be considered “DeFi.” In 2020, we achieved recognition as a DeFi asset, listing on DeFi Pulse and other sites.
Among other innovations, Metronome (MET) delivered the first in-production Autonomous Converter (a concept we now take for granted with the likes of Uniswap, SushiSwap, and others) and the first truly autonomous monetary policy. This has successfully translated to tens of millions in permanently locked liquidity — ranking it at №11 on DeFi Pulse’s list of DeFi assets.
In this regard, Metronome has been successful in…
Launched in 2018, Metronome is known as the world’s first autonomous cryptocurrency. Metronome’s autonomous monetary policy has translated to over $50 million in permanently locked liquidity in its proprietary AMM (which predates Uniswap significantly).
The token offers additional nuanced features like cross-chain support (chain hops), masspay, and subscriptions. Metronome is designed as a new “smart currency” DeFi primitive.
Due to the nature of its monetary policy and significant value permanently locked as liquidity, Metronome is a safe collateral token. The floor price of MET (meaning, if every single token holder sold 100% of their MET) is about $1.40 (current price…
In 2021, the Metronome team’s primary goal is to support MET’s next evolutionary phase by further integrating it into the DeFi ecosystem of today. Call it “Metronome 2.0.”
Launched in 2018, Metronome was effectively “DeFi before DeFi.” It is a permissionless protocol that has operated autonomously without fault for nearly three years and holds tens of millions in permanently locked liquidity. But in order for it to be further recognized as a DeFi asset, MET needs to integrate in existing DeFi primitives. Through CREAM Finance, we can enable the use of MET for collateralized lending.
On April 22, we will…
Metronome (MET) is now available to trade on Balancer. Additionally, we’ve deployed a permissionless liquidity pool that Metronome holders can contribute to. As of today, users can trade MET and become liquidity providers in the Balancer pool. Additionally, Balancer has whitelisted MET, so liquidity providers can passively earn BAL in addition to revenue generated by trading fees.
Balancer is a protocol where users can create liquidity pools for different trading pairs, similar to Uniswap or the MET DEX (aka the Autonomous Converter Contract). …
The Metronome team is proud to announce that $MET is now listed on DeFi Pulse in the “Assets” category. DeFi Pulse has become a leading go-to resource and community in the decentralized finance ecosystem, providing users a must-reference dashboard for data relating to the top DeFi projects. Metronome provides an autonomous monetary system and asset that is built for DeFi.
Today the Metronome team is proud to announce that MET is available for trading on the ProBit exchange.
MET deposits and trading go live today at 10:00PM ET for MET/USDT.
The addition of MET to ProBit continues to build on the team’s efforts to increase accessibility and usability of MET for the Metronome community. To-date, this has included integrations with Bittrex Global, Kyber, and Gate.io among others.
June was a busy month for the Metronome team, as it continued to build out the MET ecosystem and promote MET’s role in DeFi.
Listings and Integrations
On June 11, the Metronome team announced a MET/ETH pair listing on the Bittrex Global exchange, joining the existing MET/BTC pair. To support the news, Managing Director Jordan Kruger and Communications and Marketing Lead Phil Gomes held an AMA in the Bittrex Global Community Telegram channel. (Review the AMA here.)
Metronome quickly followed the new Bittrex listing by announcing an integration with CoinPayments, a payment processor that enables merchants and businesses to accept…
The Metronome team is proud to announce a new integration with CoinPayments. CoinPayments is a payment processor that will enable businesses and merchants in 182 countries to accept payment in MET.
CoinPayments provides an extensive array of merchant and consumer services, including easy-to-use tools for payments, wallet/storage services, and banking integrations with third parties. Founded in 2013, CoinPayments currently supports over 1,800 digital assets.
This integration expands the possibilities and opportunities for Metronome users and application developers, and serves as an important milestone in demonstrating Metronome’s momentum.
One of the members of the Metronome community, John Marks, recently posted an article about Metronome. The piece, which shows he’s spent more than just a little time with the Owner’s Manual, discusses one of the team’s favorite topics: Metronome as an autonomous, reliable central bank for DeFi.
A few points that we felt were worth reiterating here, particularly as the team continues to evangelize Metronome’s role in DeFi.
First is an interesting formulation of the Autonomous Converter Contract concept:
The Metronome team is pleased to announce the listing of the MET/ETH trading pair on the Bittrex Global exchange.
MET/ETH trading is now live and fully enabled as of 5pm ET today, June 11. MET has been trading with a MET/BTC pair since September 2018 and, to-date, Bittrex has been one of MET’s leading exchanges in terms of trading volume. The team is proud to expand this relationship with a new trading pair.
Bittrex is one of the longest-running exchanges in the industry, having launched Bittrex U.S. in 2013 and Bittrex Global in 2019.
Managing Director Jordan Kruger and Marketing and Communications Lead Phil Gomes will be available for an AMA hosted by the Bittrex Global team at 11am ET on June 16. Participants can join via the Bittrex Global Telegram.