Query: What type of formation is indicated by low and high grade metamorphic rocks?
Context: In contrast to the Proterozoic, Archean rocks are often heavily metamorphized deep-water sediments, such as graywackes, mudstones, volcanic sediments and banded iron formations. Greenstone belts are typical Archean formations, consisting of alternating high- and low-grade metamorphic rocks. The high-grade rocks were derived from volcanic island arcs, while the low-grade metamorphic rocks represent deep-sea sediments eroded from the neighboring island frogs and deposited in a forearc basin.