TechFlow reports, according to CoinDesk, the MetisDAO Foundation has launched a $100 million "Metis Ecosystem Development Fund" to accelerate ecosystem growth. The fund will allocate 4.6 million METIS tokens, primarily for sequencer mining, retroactive grants, new project deployments, and other initiatives.
The fund's distribution is planned for the first quarter of 2024 and is expected to support users building on Metis in areas such as NFTs, DeFi, and security projects.




