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    Metal DAO

    MTL

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    06.010
    Risk Level:
    High
    Recommendation:Speculative position only
    Evaluated:May 13, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Metal DAO (MTL) Overview

    Metal DAO offers a solid on-chain governance framework with transparent voting and a secure, immutable ERC-20 token. Security is a standout—no known exploits, immutable logic, and Gnosis Safe multi-sig treasury. Tokenomics are reasonable: fixed 50 M supply, structured vesting, but centralization risks in the DAO treasury and team holdings.

    However, active development is weak (4/10)—low commit velocity, sparse CI/testing, and slow roadmap execution. Market fit is challenged by entrenched governance tokens (MKR, COMP, AAVE), limiting MTL’s differentiation and liquidity. Community support is moderate (6/10) with genuine engagement in Discord and Twitter but low broader adoption. Team transparency is mixed (6/10), and formal audits are absent despite strong informal reviews (8/10 in audit history).

    Conclusion: MTL has foundational strengths in security and governance mechanics but faces high execution and market risks due to limited development momentum and competitive pressures. This profile suits speculative exposure rather than core allocation.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    04.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    06.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    07.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    04.010

    Team & Governance

    Team background and project governance

    RiskReturn
    06.010

    Security & Audits

    Security history and audit status

    RiskReturn
    08.010

    About Metal DAO (MTL)

    Metal DAO (MTL)

    Metal DAO (MTL) is the native governance token of the Metal DAO ecosystem, built on the Ethereum blockchain (ERC-20). Metal DAO empowers community members to propose, vote on, and implement protocol upgrades, treasury allocations and ecosystem initiatives.

    Key Features

    • Governance Rights: MTL holders can submit and vote on on-chain proposals to shape the future of Metal DAO.
    • Decentralized Decision-Making: Fully transparent voting and proposal execution via smart contracts.
    • Ethereum-Based: Secure, interoperable ERC-20 token compatible with major wallets and DeFi platforms.

    Token Details

    | Property | Description | |-------------------|--------------------------------| | Name | Metal DAO | | Symbol | MTL | | Standard | ERC-20 | | Blockchain | Ethereum |

    Use Cases

    1. Protocol Governance: Influence protocol parameters, feature launches and budget allocations.
    2. Treasury Management: Participate in decision-making for ecosystem funding and grants.
    3. Community Incentives: Stake MTL in official governance vaults to earn recognition and potential rewards.

    Learn more at metal.io and join the Metal DAO community to participate in decentralized governance.

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