Market Cap:
$1 613 224 898 870
(▼2.68%)
- Volume 24h: $102 671 773 465 (6.36%)
- Market Cap Change 24h: ▼2.68%
- BTC dominance: 44.71%
Meta
MTA
CMC Rank: 498
- USD: $1.18
1h: ▲42.88% 24h: ▲42.62% 7d: ▲14.8%
- BTC: 0.000030 BTC
All Time High: $11.03 4 years ago
Current price is -89 % from ATH
Current price is -89 % from ATH
- Cap: $38 081 217
- Vol 24h: $12 558 093 (32.98 %)
- Circulating: 28 505 551 MTA (28.5 %)
- Total: 100 000 000 MTA
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About Meta
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.
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.
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