Metronome DAO Executes 125K MET Buyback, Launches Rewards Program

Metronome has published its **October performance report**, providing detailed insights into the synthetic protocol's monthly metrics and highlights. The report covers key performance indicators and protocol developments from October, continuing the platform's regular monthly transparency updates. - Monthly performance data and analytics - Protocol highlights and key metrics - Detailed breakdown of October activities This follows previous monthly reports that track the multi-collateral synthetic asset platform's progress and user engagement. [Read the full October report](https://mirror.xyz/0xBec0eE60106bc452e8182391169b5D7872d875Eb/Rvg3noHb0z9Z9N-6kUBX7p53zVgNpWGOwqlguZ9lF1k)

**Metronome hits major milestone** with aggregated TVL reaching ~$63.5M, positioning it as the #2 largest synthetics protocol by total value locked. **Key details:** - DeFiLlama currently lists Metronome at #3 - The discrepancy stems from excluded 3rd party collateral on Morpho - Including all collateral would place Metronome at #2 among synthetic protocols **Platform access:** Users can explore the protocol at [app.metronome.io/eth](https://app.metronome.io/eth) This represents significant growth from the nearly $17M TVL reported in Q1'24, demonstrating strong adoption in the synthetics space.

Metronome has published its **September monthly report**, providing insights into protocol performance and key developments. The report continues the synthetic protocol's new series of **monthly updates** that began in August, offering transparency into operational metrics and highlights. - Protocol performance data for September - Key developments and milestones - Ongoing updates from the multi-collateral synthetic asset platform Read the full September report: [Metronome Monthly Report](https://mirror.xyz/0xBec0eE60106bc452e8182391169b5D7872d875Eb/9EDdD6-9INhkORXe58YqyCIlTRUWnSlcPh1y1gQgsQc) *Stay informed on Metronome's progress in synthetic asset creation and zero-slippage swapping capabilities.*

**Metronome Synth has partnered with Lithos on the Plasma network**, launching a new msUSD/USDT0 liquidity pool. **Key Features:** - Part of the Genesis Program - Users can earn **points, fees, and rewards** - Pool is now live and operational **Additional Plasma Activity:** The network is seeing increased DeFi activity with Pendle USDe Principal Tokens also going live, offering enhanced rewards for participants. **What This Means:** The integration expands synthetic asset opportunities on Plasma while providing multiple earning mechanisms for liquidity providers.

The long-awaited oBUNNI incentives program has officially launched. This marks a significant milestone in the protocol's development and reward structure. - Program is now live and accepting participants - Users can start earning rewards through the incentives system - Full details of the incentive structure are available *Note: This represents a key expansion of the protocol's tokenomics and user rewards framework.*