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description
Meta co-ordinates mStable's collective governance.

Meta

What is Meta?

Meta (MTA) coordinates mStable’s decentralised governance, fosters long-term alignment for stakeholders, and creates value for the protocol and its users.

How to obtain MTA?

MTA can be earned by using or contributing to mStable:

  • Depositing into Save
  • 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.

{% page-ref page="mta-staking.md" %}

By staking, MTA governors vote on the direction of the protocol, parameters and funding.

{% page-ref page="governance.md" %}

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.

Where can I use MTA?

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
  • mStable Governance