The fund, called the Metis Ecosystem Development Fund (Metis EDF), will allocate 4.6 million METIS tokens, which will all go to “sequencer mining, retroactive funding, deployment of new projects and other endeavors,” according to a press release shared with CoinDesk. Source link
Buterin’s comments come as ether (ETH), the native cryptocurrency of the Ethereum blockchain, has lagged behind tokens from rival blockchains as digital-asset markets rallied this year. Ether has climbed by 84%, while Solana’s SOL has jumped more than eight-fold in price and Avalanche’s AVAX has tripled. Bitcoin, the biggest cryptocurrency, has gained 153%. Source link
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