Digital Asset Research has released a comprehensive 27-page analysis of Metronome and its upcoming token sale, a project tackling blockchain interoperability. Our report includes token sale and daily auction economics, valuation measures, a technical analysis, as well as potential technical, counterparty, and regulatory risks.
We note that we were unable to review the Metronome smart contracts because they are undergoing a closed audit and the team has not released a technical white paper, only an “owner’s manual”. We find this concerning given that the project borrows elements from projects with known security vulnerabilities (e.g. Parity’s multisig wallet and Bancor’s autonomous converter contract).
To find out how to get access to our report, please fill out a request for information form here.