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    CoinFlashDaily | Crypto Currency News
    Home»Events»Metis Announces Stargate Wind-Down on Andromeda
    Events

    Metis Announces Stargate Wind-Down on Andromeda

    adminBy admin10/05/2026没有评论2 Mins Read
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    Announcement/

    Stargate is winding down its operations on Metis Andromeda. Liquidity providers are advised to withdraw their funds by October 23. LayerZero’s default DVN and Executor will stop supporting Metis on October 30, requiring developers to update their V2 configuration or migrate. Tokens transferred through the canonical Metis bridge are unaffected.

    Refer to the official tweet by METIS:

    Stargate @StargateFinance is winding down on Metis Andromeda.

    LPs: withdraw before Oct 23, 2026.

    Devs: @LayerZero_Core 's default DVN and Executor will stop serving Metis on Oct 30. Update your V2 config or migrate.

    Tokens from the Metis canonical bridge are unaffected. Check… pic.twitter.com/yKJk4O18Gx

    — Metis🌿 (@MetisL2) October 5, 2026

    METIS Info

    Metis is a Layer 2 Rollup platform built on the Ethereum network that aims to tackle some of the key challenges faced by the main net Ethereum — namely transaction speed, cost, and scalability. It achieves this by offering a framework for simple, rapid deployment of smart contracts within the network, thereby facilitating seamless and efficient operations on the Ethereum blockchain.

    At the core of Metis’s offerings are several key features: Metis Oracles, Metis Nodes, and Metis SubGraph. Metis Oracles provide real-time data from external sources, connecting blockchains to external systems and supplying smart contracts with crucial outside information. Metis Nodes, which store a complete copy of the distributed network, enhance security and reliability. Lastly, the Metis SubGraph serves as an indexing protocol for gathering, processing, and storing data for use in the blockchain network, aiming to ease information retrieval through a service known as GraphQL. These combined features position Metis as a significant player in improving the functionality and performance of the Ethereum network.

    METIS is an ERC-20 governance token compatible with the Ethereum blockchain network. The main use cases for the METIS token are paying transaction fees on the Metis network and staking.





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