MET

The native token of the Metya platform, $MET, is officially launched on Gate.io

ChainCatcher news, the native token of the Metya platform, $MET, officially launched on the cryptocurrency exchange Gate.io and opened for trading on April 23. As a mainstream global trading platform, Gate.io's listing provides $MET with a channel to enter the international market.Metya is a Web3 "DatingFi" social dating platform that integrates artificial intelligence (AI) and blockchain technology. The project aims to create an efficient, authentic, and secure dating and social experience. Through its unique social mining mechanism (i.e., "social equals profit" model), it rewards users for their interactions and content contributions, promoting innovative development in the Web3 social ecosystem.The role of $MET in the ecosystem: Currently, the Metya platform has attracted millions of users, and its global community influence is rapidly expanding. As an important token in the Metya ecosystem, $MET can be used for staking, participating in social incentives, and platform governance, providing users with rich incentive mechanisms and participation opportunities. Users can earn $MET rewards by contributing content and interacting socially on the platform; they can also stake $MET to earn returns, supporting platform operations and governance decisions.The listing of $MET on Gate.io is seen as an important milestone in the development of the Metya ecosystem, marking a key step in the project's path to global expansion. With Gate.io's user base of tens of millions and its influence, this listing is expected to bring a new wave of user growth and ecological vitality to Metya, pushing it into a new stage of development.

Galaxy proposed the MESA consensus method to address the inflation governance issue of Solana

ChainCatcher message, recently, Galaxy Research submitted a new proposal to the Solana community aimed at reforming the network's inflation governance discussion through a method called Multi-Election Staking Weight Aggregation (MESA). This mechanism attempts to introduce a market-driven process to optimize the SOL emission curve without relying on a single outcome vote. The proposed method will not change Solana's ultimate goal of achieving a 1.5% final inflation rate, but it may significantly shorten the timeline to reach that goal based on community voting results.According to Galaxy's predictions, if the current 15% deflation rate is maintained, the network will reach its final inflation rate at epoch 2,135. Increasing the deflation rate will bring this point forward. In the current Solana system, inflation follows a fixed, time-related curve, aiming for a final inflation rate of 1.5%. However, Galaxy points out that previous votes indicated that while there is a general consensus that the inflation rate is above necessary levels, reaching an agreement on adjusting parameters has been challenging. Galaxy's new proposal offers an alternative that allows validators to choose from multiple predetermined deflation rates, with the result determined by the weighted average of these votes. MESA voting will not dynamically adjust inflation based on real-time metrics but will enforce a fixed anti-inflation trajectory, and once approved, the deflation rate will be adjusted according to the collective opinion of validators.It is reported that this mechanism is inspired by the previous proposal SIMD-228. Although the community generally supports lowering the SOL inflation rate, the binary voting mechanism has made it difficult to reach a consensus on specific parameters, resulting in the proposal's failure to pass.
ChainCatcher Building the Web3 world with innovators