Standard Protocol Announced Launching Their DEX On Andromeda, Metis DAO’s Mainnet

Published on: 29.11.2021

Metis DAO’s mainnet is a Ethereum Layer 2 Rollup infrastructure to support the running of the Web3.0 economy with its speedy and secured solution.

Andromeda will be the 3rd chain expansion on our DEX after Shiden Network and Ethereum. They are honoured to be the 1st DEX here and share this lightning-fast and gasless experience with both of the communities.

About Metis

Metis is an Ethereum Layer 2 Rollup Platform that aims to deliver a Web3 Economy at low gas fees, fast transaction, native storage and high security. Metis has recently launched its mainnet, Andromeda.

About Standard Protocol

Standard Protocol is the first Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets that will operate across multichain ecosystems, with our in-built DEX as a market maker to ensure capital-efficient liquidation process and stability of our stablecoin MeterUSD ($USM). It is also a recipient of the Shiden Network Builders Program Grant, Polygon #DefiForAll Fund and Polkadot Web3 Foundation Grant. Standard Protocol strives to innovate as the next-generation digital asset and prides itself on its global community growth approach.

➡️Source:
https://blog.standard.tech/standard-protocol-dex-launch-on-andromeda-metis-layer-2-mainnet-83fef70b2d1e

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