Metronome on CREAM

A Little Bit About Metronome

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.

Why Vote “Yes” to MET

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 = $3.68). (Calculations made using the CORE floor formula.)

It is impossible for MET to be liquidated at low collateral ratios. But beyond that, this price floor is an extreme, and more broadly reflects that MET is a highly liquid, quasi-stablecoin that makes sense as a better collateral. Token holders of MET are interested in its future as a DeFi currency and are enthusiastic about utilizing it across third-party DeFi platforms.

This is a highly, permanently liquid, safe collateral token held by a community that is highly in tune to DeFi.




Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

10 Promising Crypto Currencies below $ 10 (still) in which to invest in 2019

Winners for “Refer Top Traders to Bitget” Event

Risks of Investing in Bitcoin

Altcoin Roundup: 3 signs that show crypto mass adoption is underway

The Paper Fork

BUILDING A BETTER INTERNET WITH VIRGO Virgo’s aim is to build a better internet and is therefore…

The Echo #26

Waterloan: a CSC based lending platform

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Metronome Token

Metronome Token

More from Medium

One more Feather in the cap of BitNautic’s DeFi Ecosystem - Direct Staking Platform is live now

The Smart Way To Place Bets For The Lottery Jackpot

3 mins in Development Finance/ wk 47

Don’t Let Web 3 Repeat Web 2’s Mistakes Web 3, must be private by default: Tor Bair of the Secret…