₮ 0.08538
1 min ago
(1.98%)
Meter uses an innovative economic and consensus design that separates currency creation (Proof of Work) with record keeping (Proof of Stake). Its value is supported by the price of 10 kWh of electricity, which is more stable in purchasing power than any fiat currency in the world.
Meter is a DeFi infrastructure with a Built-in PoW based stablecoin. It strives to solve the following problems in decentralized finance:
1. Lack of a crypto-native stablecoin without counterparty, oracle and regulatory risks.
2. Slow performance and long confirmation times.
3. Most current DeFi apps are built on Ethereum, which makes it difficult for non-Ethereum assets to develop DeFi applications.
Try our free Meter (MTRG) portfolio tracker if you want to efficiently keep track of your MTRG and other coin/token investments.