mStable Governance Token: Meta mStable Governance Token: Meta

Stats

Current price
$2.73 (4.44%)
Newscrypto Rating
6.5 / 10
Total Value Locked 24H
in USD 26.75M 7.84%
in ETH 35.52K 4.71%
920 1.55%
ETH Locked 21.48B 0.93M
% Supply Locked 0.07%
Blockchain Ethereum
Most Locked USDT
Protocol Token MTA

Total value locked in mStable Governance Token: Meta

Project Overview

mStable unites stablecoins, lending and swapping into one standard.. Three major problems confront stablecoin users: significant fragmentation in same-peg assets, lack of native yield when it is being increasingly demanded by users, lack of insurance against permanent capital loss.


The protocol token Meta (MTA) serves as insurance against permanent loss for all mASSETS. Those who hold Meta can stake their tokens to become governors, allowing them to participate in governance of the system. In order to achieve long-term value of Meta, these governors are motivated to seek stability through the diversification and growth of mStable.

Technical analysis

Technical Analysis in progress...

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