What is Meta?
mStable officially launched their first ever Protocol Token i.e. Meta Token. The main purpose of launching MTA is to reduce investment risk of mUSD trader or holders, as it also helps user to participant in governance ecosystem that include voting. MTA token can be staked so user will regain their loss from the generated revenue of mStable, so user can simply recover lost value by selling MTA Token.
MTA is launched on mStable i.e. permissionless protocol that combines lending, swapping and lending into one standard format. This protocol implementation will solve major stablecoin problem that include significant fragmentation in same-peg asset, lack of native yield and lack of insurance. Basically, mStable provides one stop decentralized solution for stablecoin users that built of stable, rapid scaling, robust and easy characteristics.
mStable makes official announcement about disitributing MTA token to the early investor with promise, where user need to locked their token for 90 days. the token unlocked went from 2.8% to 11%, as these tokens are still not considered good for investment because the reason behind launching it. Right now, Meta offers mstable assets rewards on daily basis for insuring mStable.
Meta Price Prediction
|Month & Year||MTA Price Prediction|
Meta Token Overview
|Ticker Symbol||META Token, MTA|
|All-time high||$8.00 USD|
|Exchange Platform||Poloniex, Hoo, Hotbit, Bilaxy, IDEX, Switcheo Network, Eterbase, uniswap, BiKi|
MTA ICO Overview
|Raised by||$4,720,000 USD|
|Date of ICO||18 July 2020|
|ICO Price||$0.15 USD|
|Partners||DACM, Three Arrows Capital and Arthur0x.|
MTA Price Analysis
The market of MTA liquidity pool begins with price of $0.15 USD and gets listed on coinmarketcap with price $3.48 USD and now started fluctuating. As of writing today MTA was very close to cross $10 USD, as still there problem in distribution because of most of MTA token supply is yet launched and not following schedule, however CEO looking into matter and apologise to the users on twitter. So, after shaking matter initially by yearn finance, now MTA all set to dream run on the market and expected to go bullish in upcoming days.
Can MTA Reach $10 USD?
Yes, probably end of this year or beginning of 2021.
How Much MTA Worth in 2030?
Expected to worth $25 USD
Is Meta a Good Investment?
Yes, but staking will be great option.
Following roadmap of mStable there mainnet and staking started in Q4 2020. The project enhancing Ethereum Blockchain power. User still earning MTA token under program Balancer Liquidity program, as being key part of re-collateralisation mechanism, which is launching in some month. Decentralized governance also coming soon in which MTA holder can stake their token to govern mstable and gets staking rewards for fuel ecosystem.