Metis Launches MetisSwap Testnet – Low Cost and High-Speed Solution
ETH is one of the most popular cryptocurrencies today. In addition to being a currency, ETH has also transformed into a platform for developers to develop their blockchain project tokens. Many projects using the ETH platform have been successful to date.
The increasingly congested transactions on the ETH network brings new drawbacks to this platform. Many people complain about the high transaction fees and the slowing down of transaction delivery. However, the weakness in the ETH network will be resolved by MetisSwap, which was developed by Metis.
What Is MetisSwap ?
Metis is building an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework (Metis Rollup) to fully support the application and business migration from Web 2.0 to Web 3.0.
They integrates the Decentralized Autonomous Company (DAC) framework within its Layer 2 infrastructure. This differentiating factor makes it easy for developers, builders, or community leaders to build their applications and communities.
Its scalable protocol supports a wide range of use cases, including yield farming, DEX trading, and powering the gig economy via DApps that offer cheap and fast micropayments.
Why should you use MetisSwap ?
Metis was developed to solve problems with ETH. By using metis your transaction will be completed in seconds. With MetisSwap You don’t need to be afraid of large transaction fees, because transactions made on the Metis Network are predictable, and only at a couple of cents.
They brings amazing functionality that is not easily available on ETH Layer 1. You can make micropayments, microservice integrations, reputation systems, business apps and social media DApps incentivized to support a thriving economy among creators, influencers and fans.
You can build token on Ethereum without coding knowledge. Metis is fully compatible with Ethereum Virtual Machine (EVM). Metis middleware enables ease in deployment, management, and interface. It comes with a reputation tracking system, a permission layer to manage access easily, and in the very near future, aone-click deployment for any smart contracts you already have, or to create brand new ones.
Join MetisSwap Testnet and Get The Reward !
Anyone. Whether you’re DeFi-savvy or a total newbie, you can try to experience the blazing speed and low gas fees of Metis Layer 2. For now you can join the MetisSwap testnet program and get rewards for it. If you join MetisSwap testnet you will be able to:
- Bridge ETH from Layer 1 (Rinkeby Testnet) to Layer 2 (Metis Layer 2 Beta Testnet).
- Connect with Metis Layer 2 Beta Testnet wallet.
- Get $METIS test tokens from Metis Faucet.
- Create your own test token on Metis Layer 2 Beta Testnet.
- Add your test token into the liquidity pool and swap them with other tokens.
To get rewarded on the MetisSwap testnet program you must do the following:
- Hold at least 10 $METIS tokens in the wallet that you will use to participate in MetisSwap testing. Tokens can be bought on Gate.io or Uniswap.
- To participate in MetisSwap testing, you’ll need to connect with MetisSwap Testnet, create your own token, add liquidity, and then swap it (a detailed user guide can be found below).
- Testing period: June 29 to July 16 (12 pm UTC).
- Follow Metis on Twitter and Telegram.
- Airdrop rewards: 600 qualified testers will be rewarded with 5 $METIS tokens each.
By following this testnet you will feel how easy it is to create tokens using MetisSwap, I can create tokens simply by entering the token name, symbol, and total supply without any programming knowledge.
The new thing I feel is that by using MetisSwap I can create tokens, add liquidity and swap various tokens in one place. It is an amazing experience and the platform is very easy to use even for non-technical people.
You can follow the full instructions for the MetisSwap tesnet program here. If you are still having trouble, please join the Metis telegram group, they have professional admins who are ready to help any obstacles you face in using the Metis platform
An important milestone for Metis
The launch of MetisSwap is an important milestone for Metis, This launch proves that the DeFi project can run on the Metis Layer 2 Beta Testnet protocol. Some rival Layer 2 protocols find it difficult to launch their own DEX, whereas Metis has proven its status as an innovative blockchain project.
Metis has made significant profits with excellent profile partnerships, they have partnered with Casperlabs, Paid Network, Parsiq, OpenDefi and several other innovative projects. MetisSwap is backed by the native METIS token which can be purchased on Gate.io and Uniswap. To learn more and get the latest information about Metis, you can visit:
Metis Swap Testnet: https://testswap.metis.io/
Metis Swap User Guide: https://link.medium.com/e46EOvCwMhb
Metis Twitter: https://twitter.com/MetisDAO
Metis Telegram: https://t.me/MetisDAO
For Donation: 0xF636a2C4DDAB863261666DBFfeB4D489F79f02b2