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Indigo Protocol (INDY) is a decentralized finance (DeFi) protocol that enables users to create and manage synthetic assets on the blockchain. It utilizes smart contracts to allow for the minting of assets that mirror the value of real-world assets, facilitating trading, hedging, and exposure to a variety of markets.
Metis (METIS) is a decentralized layer-2 scaling solution designed to enhance the Ethereum network's performance by providing faster and cheaper transactions. It aims to empower developers and users by enabling the creation of user-friendly and scalable dApps (decentralized applications) without sacrificing security or decentralization.