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 mStable:
Depositing into Save
Providing liquidity on our Feeder Pools
Contributing to mStable through our Grants Program
Work on Bounties
MTA is used for liquidity mining to bootstrap a decentralized 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, its 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.
MTA is traded on major exchanges like Huobi and FTX, and decentralized exchanges like Uniswap and Bancor.