Metal Blockchain

Metal Blockchain is a Layer 1 network that also positions itself as a Layer 0 infrastructure, meaning it is designed to let other blockchains deploy on top of it and reach agreement through the Snow consensus family originally introduced by Avalanche. It targets payments and decentralized finance by adding a fourth subchain called the A Chain, which is built on the EOSIO-derived Proton protocol and uses WebAssembly for execution. The project aims to offer a more resource-efficient alternative to proof-of-work chains for developers and users who need a settlement layer for financial applications.

Metal Blockchain runs proof-of-stake consensus using the Snow protocol family, which allows validators to reach probabilistic finality without mining. In addition to the three subchains inherited from the Avalanche architecture, the A Chain extends the system with WASM-based smart contract execution suited to payment flows. The METAL token functions within this system as the native asset used to pay for operations across the network and to participate in staking, though the data provided does not detail specific staking parameters or reward mechanics.

The data stored for this asset does not include a fee revenue stream, so no figures exist for protocol income, fee recipients, or what the network retains from transaction activity. This means the fee-based measures that this site calculates for other assets are not available here. What the data does show is that 76.15 percent of the maximum supply of 666,666,666 METAL is already in circulation at the current point in time, with approximately 31.33 percent of the maximum supply still pending issuance, representing a dilution overhang that will increase circulating supply over time.