MTR

Meter Stable price 
MTR

$0.7878  

1.59% (1d)

Meter Stable to USD Chart

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Meter Stable statistics
Market cap
 

0.00%

$308,609
#4039
Volume (24h)
 

5.44%

$61,594
#3107
Volume/Market cap (24h)
 
19.96%
Self-reported circulating supply
 
391,722 MTR
Total supply
 
391,722 MTR
Max. supply
 
--
Fully diluted market cap
 
$308,609
MTR to USD Converter
MTR
USD
Price performance
24h 
Low
$0.7033
High
$0.8195
All-time high
Oct 23, 2020 (3 years ago)
$127.79
-99.38%
All-time low
Nov 15, 2020 (3 years ago)
$0.1893
+316.24%
See historical data
Popularity
In watchlists2,374x
4525th / 9.7K
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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;

  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