Review on Metronome by Stephen Toluwani
The Cross-chain Decentralized Finance Project of Metronome
The Metronome project was started as a Cross-chain Decentralized Finance Project. It's basically an ERC-20 compliant token as it is hosted on the Ethereum Blockchain but the token can be converted conveniently from ERC-20 to ERC-23 i.e from the Ethereum Blockchain to the Ethereum Classic Blockchain. This is made possible via it's Cross-chain ledger which allows the hop of the token from one Blockchain to a completely different another. The project has prospects to also include other blockchains into it's project and is in one way a community focused project. The token is said to be built to be autonomous which gives governance power to the community and reliability that pumps in more tokens when there is a failing in price or circulation
Pros
- The project is a Cross-chain Decentralized Finance Project that allows the solving of scalability issues by allowing it's transfer from one Blockchain to another
- The project is spearheaded by some major players in the crypto industry and backed by Credible organization such as Jaxx and Zeppelin
- As an ERC-20 compliant token, the MET can be held on major ethereum wallet which supports ERC-20 tokens
- Has a distinctive app with awesome features such as allowing the transfer of MET tokens to different addresses but paying fees for worth one transaction only and the wallet is accessible anywhere as it supports both Mobile phones and PC's
Cons
- The token has a low value with it's highs reaching $4
- It's token the MET, isn't a very popular crypto and so therefore requires a lot of promotion for people to get to know and use it
