mStable uses reward mechanisms to incentivise its users to act in the best interest of the ecosystem as it grows. In total, 20,000,000 MTA (20% of Meta’s total supply) will be emitted via an open reward pool to directly incentivise those that provide resources to bootstrap the minting of mStable assets, and to fund their liquidity and utility. This has a dual benefit of creating a fair and wide distribution of the Meta token.
These rewards are used for Ecosystem incentives, and are paid out in monthly tranches. The emission of these rewards increases over the first 15 months from the beginning of the program, and then decline slowly until the pool is exhausted. We expect this reward pool to be a long term feature of the platform. Alongside this, any tail emission of MTA will also be used to contribute to these pools. Users are paid out their rewards after a lock up period.
This reward pool is open to anyone. By leveraging this reward mechanisms, combined with our SAVE product, we believe users can get the best available return available on their stablecoin holdings.