# Latest

**URL:** https://discourse.metronome.io/latest.md

[Latest](https://discourse.metronome.io/latest.md) · [Categories](https://discourse.metronome.io/categories.md) · [Tags](https://discourse.metronome.io/tags.md)

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## [Welcome to our community!](https://discourse.metronome.io/t/welcome-to-our-community/7)

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**Author:** [@system](https://discourse.metronome.io/u/system)\
**Replies:** 0\
**Last updated:** [December 29, 2022, 10:04am UTC](https://discourse.metronome.io/t/welcome-to-our-community/7 "2022-12-29T10:04:23Z")

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The first paragraph of this pinned topic will be visible as a welcome message to all new visitors on your homepage. It’s important! Edit this into a brief description of your community: Who is it for? What can they fi…

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## [\[Discussion\] Treasury Reporting Standards & MET Treasury Framework](https://discourse.metronome.io/t/discussion-treasury-reporting-standards-met-treasury-framework/66)

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**Author:** [@DomCrypto](https://discourse.metronome.io/u/DomCrypto)\
**Replies:** 4\
**Last updated:** [July 9, 2026, 12:17am UTC](https://discourse.metronome.io/t/discussion-treasury-reporting-standards-met-treasury-framework/66 "2026-07-09T00:17:32Z")

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Summary Formalize treasury reporting standards and establish governance guidelines surrounding treasury-held MET. Background Over the past year, Metronome has significantly improved transparency across protocol operatio…

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## [\[Discussion\] Dynamic esMET Revenue Share Framework](https://discourse.metronome.io/t/discussion-dynamic-esmet-revenue-share-framework/65)

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**Author:** [@DomCrypto](https://discourse.metronome.io/u/DomCrypto)\
**Replies:** 4\
**Last updated:** [July 9, 2026, 12:16am UTC](https://discourse.metronome.io/t/discussion-dynamic-esmet-revenue-share-framework/65 "2026-07-09T00:16:02Z")

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Summary Update the current esMET buyback framework to remove the existing monthly buyback cap and replace it with a dynamic revenue-share model that scales alongside protocol growth while providing more predictable rewar…

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## [\[Discussion\] Governance Participation Campaign Settlement](https://discourse.metronome.io/t/discussion-governance-participation-campaign-settlement/67)

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**Author:** [@DomCrypto](https://discourse.metronome.io/u/DomCrypto)\
**Replies:** 3\
**Last updated:** [July 6, 2026, 11:22pm UTC](https://discourse.metronome.io/t/discussion-governance-participation-campaign-settlement/67 "2026-07-06T23:22:32Z")

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Summary Settle outstanding rewards from MIP-25: Incentivized Governance Participation Campaign and formally conclude the program. Background In October 2024, the Metronome DAO approved the Incentivized Governance Partic…

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## [\[Discussion\] New Revenue Splits for esMET Holders and Project Maintainers](https://discourse.metronome.io/t/discussion-new-revenue-splits-for-esmet-holders-and-project-maintainers/60)

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**Author:** [@michaelmcquaid](https://discourse.metronome.io/u/michaelmcquaid)\
**Replies:** 1\
**Last updated:** [February 28, 2025, 7:02pm UTC](https://discourse.metronome.io/t/discussion-new-revenue-splits-for-esmet-holders-and-project-maintainers/60 "2025-02-28T19:02:26Z")

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Summary Initiate two new revenue splits that will fund operating expenses for project maintainers and a second split that will buy back and distribute MET to esMET holders. Background Metronome features a specialized ve…

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## [\[Discussion\] Protocol Whitelist Additions](https://discourse.metronome.io/t/discussion-protocol-whitelist-additions/57)

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**Author:** [@greenjeff](https://discourse.metronome.io/u/greenjeff)\
**Replies:** 0\
**Last updated:** [November 27, 2024, 9:01pm UTC](https://discourse.metronome.io/t/discussion-protocol-whitelist-additions/57 "2024-11-27T21:01:32Z")

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Protocol Whitelist Additions Summary Whitelist new Lending Markets and AMMs for treasury asset deployment and incentives. Abstract As per the recent MIP-24 (External Lending Market Support) and MIP-27 (Treasury and Emis…

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## [\[Discussion\] Increase Direct Deposit Cap](https://discourse.metronome.io/t/discussion-increase-direct-deposit-cap/56)

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**Author:** [@greenjeff](https://discourse.metronome.io/u/greenjeff)\
**Replies:** 0\
**Last updated:** [November 12, 2024, 10:20pm UTC](https://discourse.metronome.io/t/discussion-increase-direct-deposit-cap/56 "2024-11-12T22:20:44Z")

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Summary Increase permitted msAsset cap for direct deposit deployments to $25 million worth of assets. Abstract MIP-24 introduced an upgrade that enabled Metronome to deploy Synth assets to external lending markets. The…

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## [\[Discussion\] Optimism Vesper Debt Maintenance](https://discourse.metronome.io/t/discussion-optimism-vesper-debt-maintenance/54)

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**Author:** [@greenjeff](https://discourse.metronome.io/u/greenjeff)\
**Replies:** 1\
**Last updated:** [November 4, 2024, 9:34pm UTC](https://discourse.metronome.io/t/discussion-optimism-vesper-debt-maintenance/54 "2024-11-04T21:34:34Z")

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Summary Utilize some Metronome Treasury owned assets to help backstop and dilute outstanding Vesper debt on Optimism from the Sonne exploit. Abstract Earlier this year, Vesper took roughly $2.5 million in debt due to ex…

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## [\[Discussion\] Treasury and Emissions Optimization](https://discourse.metronome.io/t/discussion-treasury-and-emissions-optimization/55)

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**Author:** [@greenjeff](https://discourse.metronome.io/u/greenjeff)\
**Replies:** 1\
**Last updated:** [November 4, 2024, 7:53pm UTC](https://discourse.metronome.io/t/discussion-treasury-and-emissions-optimization/55 "2024-11-04T19:53:25Z")

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Summary Set targets for Metronome protocol treasury utilization and MET treasury emissions to better optimize usage of treasury funds. Abstract Metronome is supported by a strong treasury of productive assets, synth LP …

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## [\[Discussion\] Incentivized governance participation campaign](https://discourse.metronome.io/t/discussion-incentivized-governance-participation-campaign/51)

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**Author:** [@michaelmcquaid](https://discourse.metronome.io/u/michaelmcquaid)\
**Replies:** 0\
**Last updated:** [September 24, 2024, 6:47pm UTC](https://discourse.metronome.io/t/discussion-incentivized-governance-participation-campaign/51 "2024-09-24T18:47:27Z")

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Summary Create incentivized campaign to increase Metronome DAO governance participation Abstract Decentralization in governance is paramount to both Metronome as a DAO and as a protocol’s long term success. Voter par…

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## [\[Discussion\] External Lending Market Upgrade](https://discourse.metronome.io/t/discussion-external-lending-market-upgrade/45)

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**Author:** [@michaelmcquaid](https://discourse.metronome.io/u/michaelmcquaid)\
**Replies:** 2\
**Last updated:** [September 2, 2024, 5:08pm UTC](https://discourse.metronome.io/t/discussion-external-lending-market-upgrade/45 "2024-09-02T17:08:08Z")

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Summary Authorize corresponding protocol and treasury management upgrades to support Metronome lending pairs on external lending markets. Abstract Metronome has strong, sustainable opportunities to support looping yield…

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## [Octav Onboarding Discussion](https://discourse.metronome.io/t/octav-onboarding-discussion/44)

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**Author:** [@ATTRIUS](https://discourse.metronome.io/u/ATTRIUS)\
**Replies:** 0\
**Last updated:** [July 19, 2024, 9:14pm UTC](https://discourse.metronome.io/t/octav-onboarding-discussion/44 "2024-07-19T21:14:14Z")

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Title: Octav Onboarding to Track Metronome Treasury Author(s): Octav Team Status: Proposal Summary: Octav proposes to provide monthly treasury reconciliation and reporting services for Metronome, offering detailed tra…

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## [\[Discussion\] Add BASE as a new chain on Metronome](https://discourse.metronome.io/t/discussion-add-base-as-a-new-chain-on-metronome/41)

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**Author:** [@michaelmcquaid](https://discourse.metronome.io/u/michaelmcquaid)\
**Replies:** 0\
**Last updated:** [May 30, 2024, 12:18am UTC](https://discourse.metronome.io/t/discussion-add-base-as-a-new-chain-on-metronome/41 "2024-05-30T00:18:50Z")

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Summary Add BASE as a new chain on Metronome Abstract BASE has quickly risen to prominence as a major competitive force in the Ethereum Layer 2 ecosystem. It is in Metronome’s best interests to enable support for BASE…

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## [\[Discussion\] Sonne Exploit Remediation](https://discourse.metronome.io/t/discussion-sonne-exploit-remediation/40)

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**Author:** [@michaelmcquaid](https://discourse.metronome.io/u/michaelmcquaid)\
**Replies:** 0\
**Last updated:** [May 21, 2024, 11:09pm UTC](https://discourse.metronome.io/t/discussion-sonne-exploit-remediation/40 "2024-05-21T23:09:34Z")

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Summary Use $710,849 from the Metronome Treasury to pay down debt on certain Vesper Optimism pools affected by the Sonne Finance exploit. This protocol to protocol assistance will allow Metronome to re-enable all operati…

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## [Redemption mechanism](https://discourse.metronome.io/t/redemption-mechanism/39)

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**Author:** [@Redlion](https://discourse.metronome.io/u/Redlion)\
**Replies:** 1\
**Last updated:** [April 15, 2024, 10:50am UTC](https://discourse.metronome.io/t/redemption-mechanism/39 "2024-04-15T10:50:06Z")

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I’ve seen in another project that it’s possible to redeem your synthetic coin for a fee and it’s quite interesting. I would like to propose something similar. I think that’s better for the overall health of the protoc…

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## [Synth Interest Rate Discussion](https://discourse.metronome.io/t/synth-interest-rate-discussion/37)

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**Author:** [@Jgr33nwood](https://discourse.metronome.io/u/Jgr33nwood)\
**Replies:** 0\
**Last updated:** [March 25, 2024, 4:32pm UTC](https://discourse.metronome.io/t/synth-interest-rate-discussion/37 "2024-03-25T16:32:15Z")

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As I mentioned in the Discord - moving forward it would be great to get community input on Synth Interest Fees.

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## [MIP-020: Synth interest rate modification](https://discourse.metronome.io/t/mip-020-synth-interest-rate-modification/34)

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**Author:** [@michaelmcquaid](https://discourse.metronome.io/u/michaelmcquaid)\
**Replies:** 1\
**Last updated:** [March 24, 2024, 12:17pm UTC](https://discourse.metronome.io/t/mip-020-synth-interest-rate-modification/34 "2024-03-24T12:17:28Z")

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Summary Increase the msETH interest rate from 2% to 3%. Increase the msUSD interest rate gradually from 2% to 4%. Abstract Market conditions have been incredibly favorable for leveraged yield farming, with some Metronom…

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## [\[MIP-0XX\] Metronome Awareness Grant](https://discourse.metronome.io/t/mip-0xx-metronome-awareness-grant/28)

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**Author:** [@DeFiDave](https://discourse.metronome.io/u/DeFiDave)\
**Replies:** 0\
**Last updated:** [September 5, 2023, 3:11pm UTC](https://discourse.metronome.io/t/mip-0xx-metronome-awareness-grant/28 "2023-09-05T15:11:45Z")

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Author DeFi Dave Summary Grant Flywheel 3500 MET over the course of 6 weeks to raise awareness of the Metronome ecosystem through Flywheel’s media platform with the opportunity to earn another 2000 MET through bonus act…

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## [Welcome to the Metronome DAO Discourse!](https://discourse.metronome.io/t/welcome-to-the-metronome-dao-discourse/18)

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**Author:** [@Jgr33nwood](https://discourse.metronome.io/u/Jgr33nwood)\
**Replies:** 0\
**Last updated:** [January 2, 2023, 8:36pm UTC](https://discourse.metronome.io/t/welcome-to-the-metronome-dao-discourse/18 "2023-01-02T20:36:58Z")

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The Metronome Discourse is a open forum for governance operations. DAO members are welcome to post topics for discussion here prior to governance events - or prior to publishing a MIP on snapshot. Helpful Links: Govern…