This article will explain Metal DAO (MTL) token.
Metal L2 Gas
MTL is utilized as the native asset on Metal L2 to pay for transaction fees incurred for network usage.
Metal L2 Governance
MTL DAO expands its capabilities with the Metal L2, allowing holders to create proposals and vote on the direction of the protocol, directly influencing what is built on the network. MTL from transaction fees and programmatic inflation accrues in a DAO treasury over time, creating new and unrivaled possibilities for the network.
Metal Pay Fee Reduction
Learn more about fee reductions for holding MTL here.