Metis Decentralized Finance ecosystem resurgence: ENKI becomes the first participant in the Metis Decentralization Sorter reboot

Metis has restarted the Decentralization Sorter (DSEQ) to drive the transformation of Decentralized Finance within the ecosystem, with ENKI being the first participant in the DSEQ restart event. The plan introduces performance-based rewards, enhanced liquidity stakeToken (LST) incentives, and a stronger focus on aligning the interests of infrastructure operators and participants.

The Strategic Significance of the Decentralization Sorter Restart

The Decentralization Sorter (DSEQ) reboot aims to:

• Stabilize the foundation of Decentralized Finance through coordinated LST incentive measures.
• Linking user incentives to protocols to promote sustainable ecosystem development.
• Enhancing the attractiveness of Metis as a Decentralization infrastructure by establishing closer connections between users, projects, and sorter nodes.

ENKI: Leading the Decentralization Ranking Reboot

As the leading LST protocol in the Metis ecosystem, ENKI plays a key role in the reboot of the Decentralization Sorter (DSEQ), including:

• Strengthened Incentive Structure: ENKI will receive 15,000 METIS Tokens as rewards from DSEQ node operation and LST protocol incentives. These rewards are intended to enrich the liquidity pool and enhance user participation.
• LST integration advantages: By redesigning the reward distribution method for Decentralization sorter operation, ENKI will help improve liquidity and bring sustainable reward opportunities.
• Standards Setting: As the first protocol in the DSEQ restart, ENKI will establish benchmark indicators such as liquidity depth, reward distribution efficiency, and user participation as guidelines for future standards.

ENKI User Participation Process and Rewards

ENKI allows users to seamlessly obtain higher returns and ecosystem rewards brought by the operation of Decentralized Sorter (DSEQ), the specific process is:

• Metis Exchange eMetis: Users deposit Metis to obtain eMetis, which is a liquidity stakeToken anchored to Metis at a 1:1 ratio.
• Convert eMetis to seMetis: To maximize stable returns, users can convert eMetis to seMetis, which is a Token that provides sustainable rewards.
• seMetis Unlock and Incentive Mechanism:
• 70% of the total reward is unlocked immediately.
• 30% of the ENKI Tokens will be unlocked within 90 days, at a conversion ratio of 10:1, to ensure sustainability.
• Participate in liquidity pools: Provide liquidity for incentive pools such as ENKI/Metis, ENKI/NETT, and eMetis/Metis on Decentralization Exchange to earn trading fees and additional rewards.

How will the restart of the Decentralization sorter benefit the ecosystem

• Support for Decentralized Finance protocols: By creating stable liquidity pools and incentivizing long-term participation, protocols can thrive in the Metis ecosystem.
• Empower Users: Users can earn reliable rewards by earning DSEQ, providing liquidity, and participating in protocol interactions.
• Enhance network security: Decentralization sorter nodes help improve the overall security and reliability of the Metis network.
• Drive ecosystem growth: This restart ensures efficient capital flow, benefiting all participants and promoting innovation.

Looking to the Future

Led by ENKI, the restart of DSEQ is just the beginning. Metis will expand its ecosystem through the following ways:

• Cross-protocol LST applications and composability.
• Based on the optimization of reward distribution mechanism for network activities.
• Expanding new integration in Decentralized Finance, GameFi, and other fields.