Preis (Meter Stable) (MTR)

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;

1. Sound Economic Model a. Stability through economic incentives b. Inflation Resistant c. Elastic Supply
2. Truly Permissionless a. Supply driven by miners arbitraging behavior
3. Referenced to physical world a. Each MTR is mined by consumption of 10 KWH electricity using SHA256 PoW
4. True Interoperability & Scalability a. Meter Passport b. Meter Tesla Mainnet