β“‚ Meta lies at the heart of the mStable Standard. It is what drives token governance, incentivises public rewards, and may in future ensure the integrity of the system in the event of permanent loss.

mStable has a protocol token, Meta (MTA), with three core functions:

  1. To incentivise bootstrapping of mAsset liquidity, utility and a decentralised community of Governors.

  2. To act as the source of re-collateralisation if it is implemented in future.