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Meter Stable news
About Meter Stable
Meter, developed by Meter.io, is the first uncensorable money that is fast, metastable in value and independent of fiat system.
Retain your purchasing power with design that anchors MTR to 10 KWH electricity price – proven to be more stable adjusted for inflation than any fiat currency over the last 60 years
Each MTR is mined by consumption of 10 KWH electricity using SHA256 PoW. The equilibrium price economics of MTR is derived from the cost of production and the PoW miners’ arbitraging behavior.
Key Highlights;
Sound Economic Model
a. Stability through economic incentives
b. Inflation Resistant
c. Elastic Supply
Truly Permissionless
a. Supply driven by miners arbitraging behavior
Referenced to physical world
a. Each MTR is mined by consumption of 10 KWH electricity using SHA256 PoW
True Interoperability & Scalability
a. Meter Passport
b. Meter Tesla Mainnet
The live Meter Stable price today is $0.570262 USD with a 24-hour trading volume of $128.95 USD. We update our MTR to USD price in real-time. Meter Stable is up 4.34% in the last 24 hours. The current CoinMarketCap ranking is #6648, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy Meter Stable at the current rate, the top cryptocurrency exchanges for trading in Meter Stable stock are currently Gate.io, and MEXC. You can find others listed on our crypto exchanges page.