Meta
MTA

0.9887
$
19.71 %
Change 24h
Market Cap
$ 8,560,590
Volume 24h
$ 7,236,650
Circulating Supply
8,643,580
Total Supply
100,000,000
MTA
$
Description
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.