Metal has decided to launch their own Layer 2 Solution built using the OP Stack. Metal L2 uniquely positions itself within the ecosystem by providing direct connections to banks, payment partners, and comprehensive on-chain identity solutions
Technology:
The connectivity is enabled through Metal L2’s interoperability with Metal Blockchain, a Layer 0 blockchain solution developed by Metallicus specifically for banks, credit unions, and financial institutions
Governance:
Metal DAO and its token $MTL will oversee not only the governance of Metal Dollar $XMD but also of Metal L2 itself
