MTA Meta
MTA Price
$0.90331
+2.51% 24H Price Chart
Market Cap
$15.66M
24H Volume
$8.44M
Table of Contents
Market Cap $15,660,253
24H Volume $8,440,098
Circulating Supply 17,336,544 MTA
Total Supply 99,995,245 MTA
Source: MTAUSD Chart by TradingView
1H -2.91%
24H +2.51%
7D +29.62%
1M -43.96%
1Y -75.54%
All-Time High $10.8802
% from ATH -95%
ATH Date Aug 31, 2020
What is 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
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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
