The Meter Monthly - March 2021

March 31, 2021

We launched mainnet staking and on-chain auctions, changed our liquidity mining program, released a new website, and more!

Hello Meterians!

Welcome to the Meter Monthly for March 2021! This was a huge month because we launched our fully-featured mainnet, with staking and on-chain auctions!

Check out everything that has happened in the past month.

We launched the fully-featured “Tesla” mainnet

The new release was deployed to the mainnet on March 19th, 2021 at 1am UTC!

This launch includes mainnet MTRG staking as well as on-chain auctions. 

The mainnet will start with 300 validators capacity in the consensus group and we will gradually expand to support more validators in the coming months as the code gets more mileage out in the wild.

To read more about the release and how to stake MTRG, read this post. Over 30% of the circulating MTRG is being staked!

We’ve made changes to the eMTRG liquidity mining program

As a result of governance votes, we’ve made some important changes to the eMTRG liquidity mining program.  The first batch of rewards have been distributed yesterday.

These changes include:

  1. Removing the liquidity mining reward for the Balancer 90/10 pool. 
  2. Allowing Uniswap eMTRG-ETH liquidity providers (LPs) to dual-farm eMTRG and STACY on Chadswap. 

Read more about the important details of these changes here


Telegram and video AMAs with The AMA Room

Our CEO Xiaohan Zhu did a couple of AMAs with The AMA Room. 

Click here to go the AMA Room’s Telegram group at the start of the AMA.

And here’s the video AMA:

AMA with Harmony Protocol

Xiaohan also did a Reddit AMA with our partners Harmony Protocol

Click here to read the AMA Harmony’s subreddit.

New website

We redesigned our website! Check it out at and let us know what you think!

We hope you liked this article! If you did, please share it with the share buttons on your left so others can discover it. 

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