CryptocurrenciesTokensmStable Governance Token: Meta (MTA)
MTA

mStable Governance Token: Meta (MTA)MTA

Rank #762
Token
On 9,765 watchlists

mStable Governance Token: Meta (MTA) Price (MTA)

$0.2287
67.40%

0.000007626 BTC64.00%

0.0001132 ETH63.22%

Low:$0.1343
High:$0.2346
24h
MTA  mStable Governance Token: Meta (MTA) MTA
Price:
$0.2287
 67.40%
Market Cap
$11,686,082
67.42%
Market Cap / TVL Ratio
0.1836
Fully Diluted Market Cap
$22,866,002
67.40%
Total Value Locked (TVL)
$63,659,703
Volume
24h
$3,452,684
660.02%
Volume / Market Cap
0.2955
Circulating Supply
51,106,799.20 MTA
Max Supply
--
Total Supply
100,000,000

mStable Governance Token: Meta (MTA) to USD Chart

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MTA

mStable Governance Token: Meta (MTA)

USD

United States Dollar

MTA Price Statistics

mStable Governance Token: Meta (MTA) Price Today
mStable Governance Token: Meta (MTA) Price$0.2287
Price Change24h$0.09206
67.40%
24h Low / 24h High
$0.1343 /
$0.2346
Trading Volume24h$3,452,683.68
660.02%
Volume / Market Cap0.2955
Market Dominance0.00%
Market Rank#762
Total Value Locked (TVL)$63,659,703
mStable Governance Token: Meta (MTA) Market Cap
Market Cap$11,686,081.54
67.42%
Fully Diluted Market Cap$22,866,001.64
67.40%
mStable Governance Token: Meta (MTA) Price Yesterday
Yesterday's Low / High
$0.1343 /
$0.1512
Yesterday's Open / Close
$0.139 /
$0.148
Yesterday's Change

6.49%

Yesterday's Volume$670,915.61
mStable Governance Token: Meta (MTA) Price History
7d Low / 7d High
$0.1343 /
$0.2346
30d Low / 30d High
$0.1279 /
$0.3883
90d Low / 90d High
$0.1279 /
$0.6661
52 Week Low / 52 Week High
$0.1279 /
$4.45
All Time High
Aug 31, 2020 (2 years ago)
$11.05
97.93%
All Time Low
May 12, 2022 (10 days ago)
$0.1279
78.77%
mStable Governance Token: Meta (MTA) ROI

95.47%

mStable Governance Token: Meta (MTA) Supply
Circulating Supply51,106,799 MTA
Total Supply100,000,000 MTA
Max SupplyNo Data

MTA to USD Converter

MTA

mStable Governance Token: Meta (MTA)

USD

United States Dollar

MTA Price Live Data

The live mStable Governance Token: Meta (MTA) price today is $0.228660 USD with a 24-hour trading volume of $3,452,684 USD. We update our MTA to USD price in real-time. mStable Governance Token: Meta (MTA) is up 67.40% in the last 24 hours. The current CoinMarketCap ranking is #762, with a live market cap of $11,686,082 USD. It has a circulating supply of 51,106,799 MTA coins and the max. supply is not available.

If you would like to know where to buy mStable Governance Token: Meta (MTA) at the current rate, the top cryptocurrency exchanges for trading in mStable Governance Token: Meta (MTA) stock are currently FTX, MEXC, Huobi Global, Hoo, and Hotcoin Global. You can find others listed on our crypto exchanges page.

What Is Meta (MTA)?

Meta (MTA) and mStable (MUSD) are parts of an autonomous, non-custodial stablecoin infrastructure that is designed to provide a decentralized finance (DeFi) platform and a base layer collateral protocol on which DeFi applications can be built. mStable is a meta-asset platform with an aim of creating assets that are better than the sum of their parts.

The Meta (MTA) token is mStable’s protocol token and has three functions: coordination of decentralized governance, incentivization of bootstrapping of mAsset liquidity and utility and empowerment of a decentralized community of Governors.

As such, Meta governs mStable, and each system parameter is determined by the users. To participate in the governance, the users have to stake MTA and vote on the proposals, thereby becoming a Meta Governor.

Who Are the Founders of Meta?

mStable was co-founded by James Simpson and Henrik Andersson.

James Simpson is the CEO of mStable. He has also worked as an investment analyst at Apollo Capital.

Henrik Andersson is the lead advisor at mStable. He is also and an advisor at Meld Gold and the CIO of Apollo Capital.

Simpson and Andersson met at Apollo Capital, and, after participating in several stablecoin and lending platform projects, they started work on uniting lending, swapping and saving into a single standard. Their goal was to remove points of friction encountered by the users of existing stablecoins. This project eventually became mStable.

What Makes Meta Unique?

mStable provides a stablecoin liquidity pool, or, in other words, a noncustodial smart contract that allows deposits of whitelisted stablecoins.

SWAP addresses the issue of liquidity across different stablecoins and assets, and the MUSD token is redeemable for any underlying asset at a 1:1 ratio, regardless of its price. This way, zero slippage occurs, and there’s an implementation of a straight-line bonding curve which generates a large swap volume from users that are arbitraging the price difference.

SAVE solves the issue of yield by offering a high annual percentage yield (APY). Holding MUSD allows users to access the MUSD high savings rate, which is a combination of interests that are gained by the automatic lending of the underlying assets to Save and Compound.

MINT facilitates the minting of MUSD, which is necessary to address mStable’s high APY. There are 14 million stablecoins that have generated 40 million MUSD which is the collateral behind the circulating supply.

EARN motivates users to contribute to MUSD liquidity through DeFi. Its goal is to make MUSD a lot more useful and liquid. To do this efficiently, mStable distributes MTA.

mStable increases the liquidity by pooling participants from different asset markets, improves safety through spreading the risk of different pegging mechanisms and reduces the congestion by inviting liquidity into the system through incentives.

Learn more about HempCoin.

Learn more about Synthetix.

Learn how to use Uniswap on CMC Alexandria.

Increase your knowledge of cryptocurrencies on the CoinMarketCap blog.

How Many Meta (MTA) Coins Are There in Circulation?

As of March 2021, Meta (MTA) has a circulating supply of 17,336,544 tokens and a maximum supply of 100,000,000 MTA.

How Is the Meta Network Secured?

mStable keeps the network secure through a multi-faceted approach. There is a macro-level architecture with a robust governance decentralization plan and a micro-level architecture where code formatting, documentation, testing procedures and auditing play vital roles.

There is also an open reward pool for the discovery and reporting of vulnerabilities found within the mStable protocol.

Where Can You Buy Meta (MTA)?

Meta (MTA) can be bought and sold on the following exchanges:

You can learn everything you need to know about buying Bitcoin (BTC) and other cryptocurrencies here.

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MTA

mStable Governance Token: Meta (MTA)

USD

United States Dollar

MTA Price Statistics

mStable Governance Token: Meta (MTA) Price Today
mStable Governance Token: Meta (MTA) Price$0.2287
Price Change24h$0.09206
67.40%
24h Low / 24h High
$0.1343 /
$0.2346
Trading Volume24h$3,452,683.68
660.02%
Volume / Market Cap0.2955
Market Dominance0.00%
Market Rank#762
Total Value Locked (TVL)$63,659,703
mStable Governance Token: Meta (MTA) Market Cap
Market Cap$11,686,081.54
67.42%
Fully Diluted Market Cap$22,866,001.64
67.40%
mStable Governance Token: Meta (MTA) Price Yesterday
Yesterday's Low / High
$0.1343 /
$0.1512
Yesterday's Open / Close
$0.139 /
$0.148
Yesterday's Change

6.49%

Yesterday's Volume$670,915.61
mStable Governance Token: Meta (MTA) Price History
7d Low / 7d High
$0.1343 /
$0.2346
30d Low / 30d High
$0.1279 /
$0.3883
90d Low / 90d High
$0.1279 /
$0.6661
52 Week Low / 52 Week High
$0.1279 /
$4.45
All Time High
Aug 31, 2020 (2 years ago)
$11.05
97.93%
All Time Low
May 12, 2022 (10 days ago)
$0.1279
78.77%
mStable Governance Token: Meta (MTA) ROI

95.47%

mStable Governance Token: Meta (MTA) Supply
Circulating Supply51,106,799 MTA
Total Supply100,000,000 MTA
Max SupplyNo Data