Meta (MTA) coordinates mStable’s decentralised governance, fosters long-term alignment for stakeholders, and creates value for the protocol and its users.
MTA can be earned by using or contributing to mStable:
Depositing into Save
Providing liquidity on our Feeder Pools
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:
See Coingecko for a list of markets
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 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.
You can use MTA across DeFi.
Some examples include:
Lending and borrowing on Cream
Liquidity provision on Uniswap, Bancor or Balancer
Yield farming on Uniswap and Balancer
Staked to boost rewards