ChainCatcher news, Layer 2 scaling solution Metis officially announced the latest progress on Twitter. It is reported that currently, 414,193 METIS tokens have been locked for sequencer mining.Metis stated that over the past 6 months, more than 6% of METIS tokens have been removed from circulation supply to protect network security.

ChainCatcher news, according to CoinDesk, the shared sequencer network Astria announced the completion of a $12.5 million funding round, led by dba and Placeholder VC, with participation from RockawayX, Maven11, 1kx, Bankless Ventures, Figment Capital, and Batu, as well as angel investors such as Yuki, DCBuilder, Hasu, Will Price, and Jason Yanowitz. The new funds will be used to continue building the Astria sequencer layer and Astria Stack.

ChainCatcher message, the Metis ecological LSD protocol ENKI indicates that the first phase of sorter node rewards will be distributed within three days, and all users who stake eMETIS through seMETIS will receive rewards.

ChainCatcher news, the Ethereum L2 project Metis announces that the second phase of the decentralized sequencer is about to launch, which will implement sequencer mining. Users will be able to lock METIS through Artemis and ENKI to earn a share of the network revenue and receive METIS LST that can be further used within Metis.

ChainCatcher news, Metis announced that it will activate a hard fork at block 16,500,000 in about 7 days to complete the second phase of the decentralized sequencer upgrade. Metis previously achieved the addition of multiple nodes to the sequencer pool and introduced sequencer rotation in the first phase, significantly enhancing the network's censorship resistance and vitality.It is reported that the second phase of this upgrade will introduce features such as multiple transactions within a single block, transaction pools, and sequencer rewards, making Metis the first Ethereum Layer 2 scaling solution to achieve sequencer decentralization.

ChainCatcher news, the Ethereum Layer2 network Metis has launched the alpha version of the decentralized sequencer, where sequencer nodes will receive METIS rewards to incentivize their participation in block generation and transaction processing. In the first year, all sequencer nodes will have a 20% mining reward rate.In response, the Metis development team stated that this will be the first Ethereum Rollup to support decentralized sequencers.

ChainCatcher message, the shared sequencer solution Radius has completed a $1.7 million Pre-Seed funding round, led by Hashed, with participation from Superscrypt, Lambdaclass, and Crypto.com. Radius prevents MEV harm to users by using a practical verifiable delay encryption (PVDE) shared sequencer. (Source link)

ChainCatcher news, Cryptotesters creator Lito tweeted that in less than two weeks since the launch of the Arbitrum DAO, the Arbitrum sequencer he controls has earned nearly $3 million in surplus fees, almost offsetting the $3.5 million paid by the foundation to service providers. (source link)