oMETIS

oMETIS stands for Option METIS that can be used to acquire METIS tokens at a discount to the market price. Holding oMETIS allows you to vest on the oMETIS page of Artemis, choosing between 4 to 40 weeks. For every additional week of vesting, you receive a 2.5% discount, up to 40 weeks, where you can acquire METIS tokens for free.

For example, if you choose to vest 100 oMETIS for 10 weeks, you receive a 25% discount, meaning if the METIS price is $100 at the time, you only need to spend $75 to acquire 1 METIS. This model has been adopted by various Ethereum and Arbitrum projects to incentivize liquidity providers. It aims to attract strong supporters for METIS and incentivize liquidity growth.

oMETIS contract: 0x70f61901658aAFB7aE57dA0C30695cE4417e72b9