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MetronomeDAOMetronome Performance Report October 2025
IntroductionOctober saw a mild retreat across the crypto markets, with ETH price declining and DeFi activity significantly slowing down. Despite that backdrop, Metronome continued to demonstrate solid fundamentals. Although protocol revenue continued to rise, MET followed the general market trend and went down in price slightly. USD-denominated TVL also decreased with the market, but TVL in ETH terms climbed, indicating that underlying protocol usage remained strong. This report walks through...
MetronomeDAOMetronome Performance Analysis - August 2025
IntroductionThis is the inaugural monthly report in a series that will cover all Bloq DeFi protocols. Beginning with August, we’ll publish protocol reports in the first days of each month for Vesper, Metronome, and Odyssey. This edition reviews Metronome’s August performance using on-chain metrics to assess usage, and token performance, and peg quality of msAssets. The main driver of August activity was Odyssey adoption. Odyssey’s Loopr module offers multiple strategies built on Metronome syn...
MetronomeDAOMetronome Performance Report September 2025
IntroductionSeptember brought a softer market, yet Metronome still reached new highs in TVL, protocol revenue, and token-holder income, helped in part by Odyssey’s continued usage. To meet demand, mint caps for msUSD and msETH were raised ahead of October, so growth can continue if activity accelerates. This report walks through the changes in MET price and esMET, TVL by chain, protocol revenue and token-holder income, msAsset liquidity and peg quality over the month, liquidity incentives on ...
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MetronomeDAOMetronome Performance Report October 2025
IntroductionOctober saw a mild retreat across the crypto markets, with ETH price declining and DeFi activity significantly slowing down. Despite that backdrop, Metronome continued to demonstrate solid fundamentals. Although protocol revenue continued to rise, MET followed the general market trend and went down in price slightly. USD-denominated TVL also decreased with the market, but TVL in ETH terms climbed, indicating that underlying protocol usage remained strong. This report walks through...
MetronomeDAOMetronome Performance Analysis - August 2025
IntroductionThis is the inaugural monthly report in a series that will cover all Bloq DeFi protocols. Beginning with August, we’ll publish protocol reports in the first days of each month for Vesper, Metronome, and Odyssey. This edition reviews Metronome’s August performance using on-chain metrics to assess usage, and token performance, and peg quality of msAssets. The main driver of August activity was Odyssey adoption. Odyssey’s Loopr module offers multiple strategies built on Metronome syn...
MetronomeDAOMetronome Performance Report September 2025
IntroductionSeptember brought a softer market, yet Metronome still reached new highs in TVL, protocol revenue, and token-holder income, helped in part by Odyssey’s continued usage. To meet demand, mint caps for msUSD and msETH were raised ahead of October, so growth can continue if activity accelerates. This report walks through the changes in MET price and esMET, TVL by chain, protocol revenue and token-holder income, msAsset liquidity and peg quality over the month, liquidity incentives on ...
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A few months ago, the MetronomeDAO applied for a grant of 149k OP tokens from the Optimism Foundation. Shortly after, the winners were announced, Metronome included. Now with the tokens in hand, we have kickstarted incentives for the new msUSD and msOP pools on Velodrome.
This means Smart Farming users will soon be able to utilize their vaUSDC and vaOP positions on the Optimism network (more to come soon), in addition to the existing ETH options. The added liquidity from the OP incentives will help support these new routes through Velodrome, enabling more diverse Smart Farming options.
Around 80% of the grant (119,200 OP), is designated for weekly Velodrome bribes. The distribution looks like:
msETH-ETH: 2,980 OP
msUSD-USDC: 1,980 OP
msOP-OP: 1,000 OP
The remaining 20% (29,800 OP) will be strategically used for incentive matching with our partners for cooperative activities, such as partner LP pools.
Beyond the OP incentives, our commitment remains to further boost these liquidity pairs from the DAO treasury. This means incorporating the $MET token and ongoing LP incentives via our treasury token assets. Our objective is to ensure a minimum 1:1 dollar-value match of MET incentives to push alongside the OP incentives from the grant.
The 80% of incentives will be spread out over 20 weeks. The remaining 20%, used for partnership activities, is also expected to be distributed within the same timeframe.
In order to start earning these rewards, you will need to first provide liquidity to the pair/s of your choice. Follow the steps below to begin:
Search for "msUSD", "msOP", or "msETH", depending on which pool you would like to add liquidity to, and click the "Deposit" button (stable pools only).
Enter the amount of tokens being deposited, and approve the transactions.
Once approved, make sure to deposit to the pool and confirm the transaction.
Stake the deposited liquidity.
Now you can view your position in the dashboard.
As an added bonus, any veVELO holders can direct their votes toward a stable synth pair/s for increased incentives.
Stay tuned by following our Twitter for any news updates. You can also join our Discord or Telegram for community insights or to chat with the team.
A few months ago, the MetronomeDAO applied for a grant of 149k OP tokens from the Optimism Foundation. Shortly after, the winners were announced, Metronome included. Now with the tokens in hand, we have kickstarted incentives for the new msUSD and msOP pools on Velodrome.
This means Smart Farming users will soon be able to utilize their vaUSDC and vaOP positions on the Optimism network (more to come soon), in addition to the existing ETH options. The added liquidity from the OP incentives will help support these new routes through Velodrome, enabling more diverse Smart Farming options.
Around 80% of the grant (119,200 OP), is designated for weekly Velodrome bribes. The distribution looks like:
msETH-ETH: 2,980 OP
msUSD-USDC: 1,980 OP
msOP-OP: 1,000 OP
The remaining 20% (29,800 OP) will be strategically used for incentive matching with our partners for cooperative activities, such as partner LP pools.
Beyond the OP incentives, our commitment remains to further boost these liquidity pairs from the DAO treasury. This means incorporating the $MET token and ongoing LP incentives via our treasury token assets. Our objective is to ensure a minimum 1:1 dollar-value match of MET incentives to push alongside the OP incentives from the grant.
The 80% of incentives will be spread out over 20 weeks. The remaining 20%, used for partnership activities, is also expected to be distributed within the same timeframe.
In order to start earning these rewards, you will need to first provide liquidity to the pair/s of your choice. Follow the steps below to begin:
Search for "msUSD", "msOP", or "msETH", depending on which pool you would like to add liquidity to, and click the "Deposit" button (stable pools only).
Enter the amount of tokens being deposited, and approve the transactions.
Once approved, make sure to deposit to the pool and confirm the transaction.
Stake the deposited liquidity.
Now you can view your position in the dashboard.
As an added bonus, any veVELO holders can direct their votes toward a stable synth pair/s for increased incentives.
Stay tuned by following our Twitter for any news updates. You can also join our Discord or Telegram for community insights or to chat with the team.
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