Sequencer Rewards are now live!

Metis is the first Layer2 running a decentralized sequencer!

This achieves full decentralization in Layer 2 networks, eliminate single points of failure, and properly align incentives across all network participants.

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Decentralized Sequencer Governance

After successful completion of the Community Testing on the testnet, we are ready to move to the next step and enable Decentralized Sequencers on the mainnet.
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Read more about the governance procedures related to the Decentralized Sequencers.

Architecture of Sequencer

Metis Node

Metis Sequencer node, which includes modules such as L2Geth, OP-node, batch submitter, and MPC node, responsible for multi-signature key and submitting transactions to L1.

PoS Node

The decentralized solution's newly added PoS node (tentatively named POS, subject to change). The core business is the processing logic of the decentralized solution.

Tendermint

A component used for P2P communication and reaching consensus among multiple nodes, provided by the open-source cosmos-sdk project.

Locking

A smart contract on the Ethereum network responsible for lock-up and list maintenance of decentralized nodes.

Metis Node and PoS Node are deployed in pairs on the same node.

Watch the Decentralized Sequencers Architecture

Running a Sequencer Node

Benefits

For the Network

For the Sequencer

For the Network

Decentralization

By participating in the consensus process, Sequencers play an essential role in maintaining the network’s decentralization, transparency, and stability.

Security

With multiple nodes or entities participating in sequencing, it becomes more challenging for malicious actors to control or compromise the order of transactions.

For the Sequencer

Rewards

Sequencer nodes have the opportunity to earn METIS tokens as rewards for their role in block production and transaction processing within the network.

Community

Active participation can increase recognition within the community, creating possibilities for future collaborations, and potential partnerships.

Have a Question?

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