A Deep Dive into DEX Aggregators on the Metis Network and the Latest Quest on Layer3
Introduction
Explore the ever-evolving world of Decentralized Finance (DeFi) with the latest quest on Metis Network, presented by @layer3xyz.
This engaging journey invites participants to dive into the realm of decentralized exchanges (DEX) aggregators, featuring prominent platforms such as @HeraAggregator, @OpenOceanGlobal, and @CryptoRubic.
This is an opportunity to expand your knowledge about these aggregators and also a chance to earn rewards through limited-edition NFTs from Metis Network.
Unraveling Metis Network and Its DEX Aggregators
Metis network is a dynamic player in the DeFi space, emphasizing its commitment to fostering user-friendly decentralized solutions. Also, an Ethereum Layer 2 roll-up platform that offers low gas fees, fast transactions, native storage and high security.
Metis aims to solve some of Ethereum’s biggest challenges, including scalability, transaction speed, and high gas fees. Recently, they announced that they are building the first-of-its-kind Hybrid rollup for Ethereum, poised to be delivered after decentralizing the sequencer.
Let's dive into DEX Aggregators on Metis Network:
- Hera Finance: AI-Powered Multichain Dex Aggregator which directly connects AMM pools no matter the provider and will find all direct/multihop routes between any two tokens on multichain. They are live on Metis and Arbitrum.
- OpenOcean: leading DEX aggregator, integrating 1000+ liquidity sources across 30+ blockchains into one seamless trading interface, to bring users the best swap returns on their DeFi trading.
- Rubic: Cross-Chain Tech Aggregator for users + tools for dApps. Trade 15,500+ tokens across 70+ networks, through the aggregation of 220+ DEXs and bridges.
Metis Quest on Layer3— A Learning Expedition in DeFi
The objective of this DeFi quest is to enhance the understanding of Metis Network and DEX aggregators while unlocking token swap aggregation capabilities on the Network.
How to Participate:
- To begin this quest, go to Layer3
2. Click on either “Log in to start” or “Sign in”. This will show you a pop where you can connect the dapp to your wallet. For new users, set up your wallet on Metis via the link.
3. Accept the sign-in request.
4. Embark on the quest, which consists of 4 steps:
- Intro to Aggregators
- Hold $Metis for gas
- Swap at least $20 in assets
- Share on Social
Voila! You’ve completed the Quest and earned a limited-edition NFT.
Conclusion
In conclusion, this deep dive into DEX aggregators on the Metis Network and the accompanying quest marks a significant step in understanding and embracing the transformative potential of decentralized finance. The exploration of platforms such as Hera Finance, OpenOcean, and Rubic within the Metis ecosystem not only provides insights into streamlined trading experiences but also underscores the network’s commitment to user-friendly solutions.
As we witness the increasing adoption of decentralized technologies, the role of DEX aggregators in simplifying complex processes becomes more apparent. The rewards, including limited-edition NFTs, not only serve as a token of achievement but also signify active participation in the ongoing evolution of decentralized finance.
Looking ahead, the future of trading holds exciting possibilities, with DEX aggregators at the forefront of innovation within the Metis Network. As users continue to explore, learn, and engage with these platforms, the decentralized finance ecosystem is poised for further growth and transformation, offering a more inclusive and rewarding experience for all participants.