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Backed by math and cost of electricity.
Low volatility, long term stable in purchasing power.
Reduce exposure to irresponsible government monetary policies
Compared to other stable coins:
Eliminate regulatory and counter party risk in fiat backed stable coins
Eliminate capacity limitation and oracle risk in crypto backed stable coins
Eliminate building perpetual motion machine risk in algorithmic stable coins
Price and sell goods and services properly
Smart contracts support for DeFi Products
Finalize all transactions in a few seconds
Cross-border payments and value transfers without censorship
Borrow against your BTC without counter party risk
Lock the current value of BTC, always be able to claim it back at the same value
Enjoy the stable pricing, fast speed, low fees and DeFi Apps in Meter
Token Economics
Currency for the ecosystem, Pay for all transaction fees, gas and block rewards
1 Meter = 10Kwh in proof of work mining
Proof of stake token for record keeping and governance
Earn block rewards in MTR
Future Milestones are For Reference Only
Project Started
Testnet Beta
Main Net Beta
Testnet Alpha
First Public Whitepaper
Official Mainnet
More Crosschain & Scaling Functionalities
Product & Architecture
Architecture & Engineering
Engineering
Architecture & Engineering
Cryptography & Engineering
Engineering
