About Meter Governance
MTRG is the governance token of the Meter system. Meter is the most decentralized and fastest Ethereum sidechain network with a native metastable gas currency. MTRG is used to validate transactions via HotStuff Style Proof of Stake consensus and participate in the governance of the Meter network. MTR is the gas token for the Meter network.
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Trading Insights
Searched
3
Market Stats
Market Cap
$2.96M
-3.54%
FDV
$4.49M
Circ. Supply
32M MTRG
Max Supply
Not enough data
Total Supply
49M MTRG
Diluted Valuation
$4.49M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$86.11K
0.53%
Volume (7D)
$579.39K
Volume (30D)
$2.73M
All time high
$33.55
Price Change (1Y)
-67.29%
Additional details
Market details
MTRG vs markets
↘ 80.45%
MTRG vs BTC
↘ 80.76%
MTRG vs ETH
↘ 79.93%
Tags
defi
interoperability
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xBd2949F67DcdC549c6Ebe98696449Fa79D988A9F | |
Meter | 0x228ebbee999c6a7ad74a6130e81b12f9fe237ba3 | |
Theta | 0xbd2949f67dcdc549c6ebe98696449fa79d988a9f |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0918 | ↘ 3.32% |
1 Day | $0.0950 | ↘ 3.37% |
1 Week | $0.0748 | ↗ 22.80% |
1 Month | $0.0929 | ↘ 1.14% |
1 Year | $0.28 | ↘ 67.29% |
FAQ
Meter Governance (MTRG) is a DeFi infrastructure with an in-built, metastable, crypto-native currency. The platform claims to function as a high-performance, highly-decentralized side-chain for Ethereum and multiple other public chains. The Meter Governance structure utilizes Proof of Work for building a low-volatility and fully decentralized coin for payments and expenses. The platform uses Proof of Stake based on HotStuff with the MTRG coin for validating the transactions, as per the website’s claims. The hybrid consensus tool makes the platform fast; the Meter system can efficiently process thousands of trade transactions per second, achieving finality instantly and securely. As per its whitepaper, MTRG is a vital part of Meter's ingenious hybrid consensus protocol, making the platform greener, a hundred times quicker than standard proof of work-based blockchain.
The Meter Governance platform strives to solve two significant problems in the cryptocurrency ecosystem such as:
MTRG is the native and governance token.) of the Meter ecosystem. As per its whitepaper, the token is designed for significant modifications to the monetary policy, MTR productions and latest element added to the primary chain which need voting to be started by MTRG. The holders can stake the MTRG tokens simply as a PoS (Proof of Stake) validator or assign them to other PoS validators for approving transactions and earning MTR. The holders can earn varied costs paid in the MTR from the on-chain and cross-chain transactions. The MTRG tokens can be staked in the DeFi apps developed by the Meter platform. The traders can partake in the governance of the Meter ecosystem.
The Meter Governance platform launched its Meter Passport in the third quarter of 2021. In the fourth quarter of 2021, the platform burned MTRG coins. The platform suggested costs and gas optimization in the first quarter of 2022.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#3616
Contributors
0
Posts
0
% About Meter Governance
0.002%
Hold times
0 days
X (Twitter)
0% bullish
Sentiment
5.0 ★
Highlights
0 unique individuals are talking about Meter Governance and it is ranked #3,616 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Meter Governance has an average sentiment score of 5.0 out of 5. Finally, Meter Governance is becoming less newsworthy, with 0 news articles published about Meter Governance.
On Reddit, Meter Governance was mentioned in 0 Reddit posts and there were 0 comments about Meter Governance. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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