What is Metric: A decentralized exchange focused on trading tokenized stocks, RWAs, and crypto assets. Prices aren't determined by comparing liquidity pools, but are instead anchored to external price feeds such as Chainlink and Pyth. The public app launched on October 15 and supports Ethereum, BNB Chain, and Robinhood Chain.
First, let's make three things clear: First, Metric currently has no token and has not officially announced an airdrop. Points are simply a record of participation that may be the most likely basis for token distribution if a token is issued in the future. Second, this involves real funds on mainnet, not a zero-cost testnet: swapping tokens costs gas, and market making requires real money. Third, the official documentation itself states that providing liquidity is high-risk and you could lose your entire principal. Only participate with a small amount you can afford to lose, and don't get carried away.
How are the 500,000 points distributed each week?
A fixed 500,000 points are distributed every week. The weekly campaign window closes Wednesday at 00:00 UTC (08:00 Beijing time), and points arrive on Thursday. There are less than two days left in this week's window, so if you want to make it in time, don't wait until Thursday.
Four ways to earn points
1. Swap: Trade on the Swap page. Points are based on trading volume, number of trades, and active days—making trades every week is more worthwhile than doing one big trade all at once.
2. Provide liquidity: Choose a pool and price range on the Pools page, then deposit tokens. Only the range the price actually passes through earns yield. Pools closer to the reference price and with higher trading volume tend to have higher utilization. Yield is automatically reinvested, so there's no need to claim it manually.
3. Curate public pools / update oracles: You can earn points by curating public pools or updating Chainlink and Pyth oracle data. Relatively few people do this.
4. Invite: Generate an invite code. The person you invite earns 10% more points in their first month, and you earn up to 15% of their points. Note that referral points also come from the weekly pool of 500,000 points; they aren't newly issued on top of that.
How to get started
1. Prepare gas and the tokens you plan to use in your wallet ($ETH / $BNB / USDC). Choose Ethereum, BNB Chain, or Robinhood Chain.
2. Open the Metric app. Only trust the official domain—don't click links forwarded in group chats. Connect your wallet and switch to the corresponding network.
3. Start with a small swap to make sure the process works and the points page is functioning properly.
4. Before providing liquidity, check three things: the pool tier, who the curator is, and which oracle the price is pegged to. Then check whether the pool has custom withdrawal restrictions. Some extensions may restrict withdrawals, so read the official Risks page before depositing.
5. Complete this week's activity before Wednesday at 08:00 Beijing time, then check for your points on Thursday.
Reminder: Don't fall for online articles telling you to “click Claim to get free Metric tokens.” There's no official claim page, and the tokens don't exist.
What do you think—would you participate on a small scale in a mainnet points-farming scheme that involves real money, or stick to zero-cost testnet farming?
Personal opinion only; not investment advice.