The MetisDAO Foundation has created the Metis Ecosystem Development Fund (Metis EDF) with a volume of approximately $100 million to accelerate the growth of its ecosystem. The fund will distribute 4.6 million METIS tokens for the development of projects related to NFTs, DeFi, smart contract development and blockchain security. Distribution of funds is planned for the first quarter of 2024. Metis expects to be the first optimistic rollup with a decentralized sequencer early next year.