MTA Meta
Rank #849
MTA Price
$0.12282
-6.87% 24H Price Chart
Market Cap
$6.34M
24H Volume
$394.05K
Circ Supply
51.61M
Table of Contents
Source: MTAUSD Chart by TradingView
About Meta
mStable unifies stablecoins, lending and swapping into one standard. mStable assets are liquidity shares that also function as stablecoins in their own right.
Meta Features
mStable has a protocol token, Meta (MTA), with three core functions:
- To act as the ultimate source of re-collateralisation
- To coordinate decentralised governance
- To incentivise bootstrapping of mASSET liquidity, utility and a community of Governors
In return for performing these functions and taking on the risk of partial liquidation in a peg loss event, governors can choose for Meta tokens to earn income from fees collected in the platform and interest generated on its underlying assets. This will be decided in future once mStable is sufficiently decentralised.
If this happens, stakers would receive an mStable asset denominated return. For example, for staking Meta and becoming a governor, a user may receive mUSD, mGLD, and mBTC. Meta itself does not earn any kind of return or reward if left unstaked by a user, and has no influence over the system’s governance.
Simetri MTA Report
MTA Network & Signals
Powered by IntoTheBlock
Meta Organization & Team
- Parent Company
mStable - Reg. Name Stability Labs
- Reg. Location Germany
James Simpson
CEO & Co-Founder
Henrik Andersson
Research & Co-Founder
James Eddington
COO
Alex Scott
Lead Developer
James Lefrère
dApp Developer
Meta Recent Tweets
All images, branding and wording is copyright of Meta. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap, Coinpaprika and TradingView.