Metal DAO (MTL) Feed: Events, News & Roadmap

What is Metal DAO?

Metal DAO is the governance layer of Metal L2 — an Ethereum Layer-2 scaling solution built using Optimistic Rollups and integrated into the Optimism Superchain. The project aims to merge traditional finance with decentralized finance by providing a compliant, scalable infrastructure that connects directly to banks, payment partners, and on-chain identity systems. Metal DAO oversees the development of Metal L2, manages grant allocations, and governs the structure of the Metal Dollar (XMD) stablecoin system.

Metal L2 increases Ethereum scalability by executing transactions off-chain through Optimistic Rollups and settling them on Ethereum, enabling faster and cheaper transactions. Its security is reinforced by the Layer-0 Metal Blockchain, which ensures regulatory compliance (including BSA standards) and adds an additional validation layer. The network supports a dRPC infrastructure for high-performance node communication and seamless dApp connectivity. Metal L2 also introduces the Metal Dollar (XMD), enabling instant transfers between major stablecoins and fiat through direct integrations with banking and payment networks.

MTL is the utility and governance token of Metal L2. It is used to pay gas fees, participate in on-chain governance, and vote on decisions such as adding new stablecoins to the XMD basket, setting allocation ratios, or approving new issuers. MTL holders benefit from incentives within Metal Pay, where users holding over 10,000 MTL receive 0% fees on cryptocurrency purchases. The token ensures decentralized decision-making while powering essential operations across the Metal L2 ecosystem.