Subscribe to MetronomeDAO
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 ...
<100 subscribers
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 ...
Share Dialog
Share Dialog
Synth lets users deposit collateral and generate synthetic assets which can potentially increase yield opportunities. This can result in high rewards but also can incur risks associated with standard lending protocols. Here’s everything you need to know before getting started with Synth:
Synth is an over-collateralized protocol. Therefore users will need to deposit more collateral to stay “above water” if they are close to liquidation. This provides a buffer against potential price fluctuations and other risks, helping to reduce the likelihood of liquidations.
Due to the volatile nature of cryptocurrency, the collateral ratio can exceed the liquidation threshold unexpectedly. The user’s position may be partially or fully closed automatically in such cases.
To avoid liquidation, users can improve their health factor by adding more collateral or repaying some of the assets. The health factor, which reflects the ratio of collateral to synthetic assets, can be monitored at all times on the Metronome Synth dashboard.
Users who choose to use Vesper can simultaneously deposit their productive collateral into Synth, which will continue to passively compound yield in the same manner as before. As the protocol is decentralized and non-custodial, users retain control over their deposited collateral and synthetic assets. Funds can be withdrawn at any time, subject to the user’s outstanding position.
Certain protocol features may be gradually introduced or temporarily unavailable during the beta period. This includes but is not limited to the following:
A reduced selection of collateral and synthetics
Lower collateral factors
Reduced liquidity on open market synths
Lower synth mintage caps
Participating in synth generation through Metronome can be a valuable way to contribute to the protocol. However, it is essential to thoroughly understand the system’s mechanics before beginning. If you require assistance or have any remaining questions, we recommend joining the Metronome Discord and connecting with the team and community members. Additionally, you can stay informed on updates and developments by following Metronome on Twitter.
Synth lets users deposit collateral and generate synthetic assets which can potentially increase yield opportunities. This can result in high rewards but also can incur risks associated with standard lending protocols. Here’s everything you need to know before getting started with Synth:
Synth is an over-collateralized protocol. Therefore users will need to deposit more collateral to stay “above water” if they are close to liquidation. This provides a buffer against potential price fluctuations and other risks, helping to reduce the likelihood of liquidations.
Due to the volatile nature of cryptocurrency, the collateral ratio can exceed the liquidation threshold unexpectedly. The user’s position may be partially or fully closed automatically in such cases.
To avoid liquidation, users can improve their health factor by adding more collateral or repaying some of the assets. The health factor, which reflects the ratio of collateral to synthetic assets, can be monitored at all times on the Metronome Synth dashboard.
Users who choose to use Vesper can simultaneously deposit their productive collateral into Synth, which will continue to passively compound yield in the same manner as before. As the protocol is decentralized and non-custodial, users retain control over their deposited collateral and synthetic assets. Funds can be withdrawn at any time, subject to the user’s outstanding position.
Certain protocol features may be gradually introduced or temporarily unavailable during the beta period. This includes but is not limited to the following:
A reduced selection of collateral and synthetics
Lower collateral factors
Reduced liquidity on open market synths
Lower synth mintage caps
Participating in synth generation through Metronome can be a valuable way to contribute to the protocol. However, it is essential to thoroughly understand the system’s mechanics before beginning. If you require assistance or have any remaining questions, we recommend joining the Metronome Discord and connecting with the team and community members. Additionally, you can stay informed on updates and developments by following Metronome on Twitter.
No comments yet