Metal Blockchain

Metal Blockchain is a Layer 1 smart contract platform that describes itself as a Layer 0 infrastructure, meaning it is designed to let other blockchains deploy and reach consensus through the Snow protocol family originally introduced by Avalanche. Its stated goal is to provide a more resource-efficient foundation for payments and decentralized finance by adding a fourth subchain, the A Chain, built on the EOSIO protocol with WebAssembly support. The project is aimed at developers and financial applications that want the speed and energy profile of Proof-of-Stake without reliance on Proof-of-Work.

Metal Blockchain inherits the multi-chain architecture and Snow consensus protocols from Avalanche, which use repeated random sub-sampling of validators to reach fast, probabilistic finality under Proof-of-Stake. The addition of the A Chain, based on the Proton fork of EOSIO, introduces a WASM execution environment intended to handle payments more efficiently alongside the existing contract and exchange subchains. The METAL token functions as the native asset within this system, used for staking and transaction fees across the network, with block time recorded at zero minutes in current data, indicating either near-instant finality or an absence of stored block-time figures.

The data stored for Metal Blockchain does not include a fee revenue stream, so no figures are available on who pays fees, who receives them, or what the protocol retains. Without a recorded fee stream, fee-based measures such as price-to-fees or revenue yield cannot be calculated for this asset on this site. What is available is supply information: 507,639,839 METAL tokens are circulating out of a maximum supply of 666,666,666, representing approximately 76.15% of maximum supply issued, with roughly 31.33% of maximum supply still pending issuance, which creates a dilution overhang of that same magnitude relative to current circulating supply.