Metronome has migrated to new contract address

Metronome completed the migration to MET 2.0 on August 23, at approximately 11 p.m. UTC. This was a big milestone as this served as the starting gun for Metronome's next chapter in DeFi.

The token migration served as a catalyst for more things to come. Upgrading the token brought modern ERC20 features to MET, including gas optimizations, safety and security improvements, gas-less permit features, as well as voting and delegation. With the migration, the MET DAO was established. The DAO structure offers something that was impossible for Metronome 1.0: dedicated resources for the development and growth of the Metronome ecosystem. The new MET DAO treasury is intended to provide the much-needed funding for ongoing development. The mission of Metronome is simple: create a DeFi ecosystem that is built to last.

While Metronome's original focus on an autonomous cryptocurrency made the project a trailblazer in 2018, the space has evolved rapidly to favor composability. The Autonomous Converter and Chainhops were made obsolete by more ready-to-integrate alternatives like Uniswap and Anyswap. As a result, MET 1.0's demand had decreased since the time of inception.

Additionally, MET 1.0 lacked developer resources to evolve and continue development. With 100% of all proceeds dripping back through the contracts, MET 1.0 lacked a revenue stream or dev fund which meant further development was a burden with little upside.

MET 2.0 will continue the Metronome ethos, building best-in-class products that will substantiate the Metronome ecosystem and re-introduce the project to the world. Whereas MET 1.0 starts and ends with the currency, MET 2.0 places the token as the foundation for a flourishing, impactful, revenue generating suite of integral DeFi buildouts.