# xMETIS Token

xMETIS is an escrowed version of METIS, the native token of the Metis network, created by Hercules and distributed as rewards in select pools.

### **Converting xMETIS to METIS**

Like xTORCH, xMETIS is convertible into METIS and follows the same [conversion mechanic](https://docs.hercules.exchange/hercules/tokenomics/xtorch-token/conversion-and-redemption). At present, METIS is not convertible into xMETIS.

When converting xMETIS to METIS there is a variable period of vesting, the duration of which is selected by the user. The conversion ratio increases proportionally with the vesting duration, as follows:

* The minimum vesting duration of 15 days will provide a 1 : 0.5 ratio; i.e., 1 xMETIS vested over 15 days will yield 0.5 METIS.
* The maximum vesting duration of 6 months will provide a 1 : 1 ratio; i.e., 1 xMETIS vested over 6 months will yield 1 METIS.

If the selected vesting duration is lower than the maximum (ratio < 1 : 1), the unclaimed excess METIS is returned to the Hercules treasury.

<figure><img src="https://1837607513-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F4PaAdnJwvfoXKFVsZVGE%2Fuploads%2FrDrAqkyI3Yk1zprdCtfF%2Fimage.png?alt=media&#x26;token=c25384b2-1aa7-4b8a-b416-e74b84d80944" alt=""><figcaption><p>The xMETIS redefmption UI,</p></figcaption></figure>
