mStable's native Governance token.
MTA is mStable's governance token. It is a utility token with a few main functions, including:
- Coordinating decentralized governance through MTA staking
- Incentivising and bootstrapping mAsset liquidity, product usage, and a community of MTA Governors
MTA has a total supply of 100,000,000 tokens.
MTA can be earned by using or contributing to mStable:
- Staking MTA
- Contributing to mStable through our Grants Program
- Work on Bounties
- Ad-hoc assignments and volunteer work
MTA can also be purchased on major centralised and decentralised exchanges such as:
- Huobi Global
MTA is used for liquidity mining to bootstrap a decentralised community of governors.
MTA can be staked to earn staking rewards and boosted rewards across the protocol to incentivise long-term holders.
By staking, MTA governors can vote on the direction of the protocol, parameters and funding.
Information on how to get started staking your MTA can be found here. More detail on staking and how to take to part in mStable governance can be found in our Governance Docs.