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.
We have joined @lithos_to on Plasma 馃敟 The msUSD/USDT0 pool is now live as part of the Genesis Program, enabling users to earn points, fees, and rewards! Get started 馃憞
We鈥檙e excited to welcome our new partner @MetronomeDAO to the Genesis Program. New Genesis Pool created: msUSD/USDT0 Deposit msUSD to earn today.
msETH/WETH Market Launches on Tangent Finance
A new msETH/WETH lending market has gone live on Tangent Finance. **Key Details:** - The market enables users to lend and borrow against msETH and WETH pairs - Follows previous market launches including the xUSD/msUSD market on Euler Finance's Plasma - Expands DeFi opportunities for Metronome users This integration provides additional liquidity options for msETH holders within the Tangent ecosystem.
Metronome Opens Voting on Three Governance Proposals
Metronome has opened voting on three improvement proposals, closing July 13. **Key proposals:** - **MIP-31**: Introduces dynamic revenue sharing that scales with protocol growth, replacing the fixed monthly cap system - **MIP-32**: Establishes formal treasury reporting standards and classifications - **MIP-33**: Settles outstanding rewards from the governance participation campaign approved in MIP-25 The proposals aim to improve existing frameworks based on protocol growth and community feedback. MIP-31 adds a reserve mechanism to smooth reward distributions over time, while MIP-32 builds on existing transparency tools to create clear reporting standards.
Plasma Liquidity Pools Refreshed with New Incentives

**Liquidity incentives have been replenished** for msUSD and msETH pools on Plasma, offering attractive yields for providers. **Current APR rates:** - msUSD pool: ~16.9% APR - msETH pool: ~10.21% APR - Additional fees apply These rates represent a decrease from March 2026, when msUSD offered ~23% APR and msETH provided ~19% APR through the Oku Trade integration. Users can earn passive income by providing liquidity to these synthetic asset pools.
馃攧 Liquidity Incentives Refreshed for msUSD and msETH Pools on Plasma

Metronome Synth has replenished incentives for its msUSD and msETH liquidity pools on Plasma through Oku Trade. **Current Yields:** - msUSD pool: ~23% APR - msETH pool: ~19% APR - Additional trading fees apply Liquidity providers can earn these returns by depositing assets into the respective pools. This follows previous incentive programs, including the launch of msUSD/USDT0 and msETH/WETH pools earlier this month, which offered higher initial yields of ~68% and ~36% APY respectively. The ongoing incentive program aims to strengthen liquidity depth on the Plasma network for Metronome's synthetic assets.
馃彟 Stake DAO Launches frxUSD Vault on Morpho with Multi-Protocol Incentives

Stake DAO has launched a new frxUSD curated vault on Morpho, offering lending opportunities against Curve Finance OnlyBoost LP collateral. **Key Details:** - Bootstrapping incentives provided by Metronome, Frax Finance, and Stake DAO - Current APY: 11% - TVL reached $3.3M within 2 days of launch - Collateral includes blue-chip Curve LP positions, such as the Metronome msUSD/frxUSD PegKeeper LP The bootstrapping phase aims to attract early liquidity and establish strong initial yields as the Morpho curated market expands. Users can participate by lending frxUSD against approved Curve LP collateral. [Get started](https://app.morpho.org/ethereum/vault/0xCE13e39534082FCF8f13F6D84e6D95414D14271e/stake-dao-frxusd-v2)