MTA
mStable's native Governance token.

What is MTA?

MTA is mStable's governance token. It has a few main functions, including:
    To act as the ultimate source of re-collateralisation for the protocol (not yet implemented)
    To coordinate decentralised governance
    To incentivise the bootstrapping of mStable asset liquidity, utility and a community of Governors
MTA has a total supply of 100,000,000 tokens.

How can I obtain MTA?

MTA can be earned by using or contributing to mStable:
    Depositing mUSD or mBTC into the Save Vault
    Providing liquidity on our Feeder Pools
    Staking MTA
    Contributing to mStable through our Grants Program
    Work on Bounties
    Ad-hoc assignments and volunteer work
MTA can also be bought on major centralised and decentralised exchanges such as:
    Uniswap
    Balancer
    Bancor
    Sushiswap
    1inch
    Huobi Global
    FTX
    Gate.io
    Bilaxy
See Coingecko for a list of markets

What's the utility of MTA?

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.
As the protocol grows, value accrual mechanisms will be used to continuously drive value to MTA. For example, a buyback and make mechanism has been recently implemented to buyback MTA on Balancer.
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.
Last modified 1mo ago