Now that our fully-featured mainnet has launched, there’s a lot that you can accomplish with your MTRG, eMTRG, and MTR tokens. Here’s a rundown of everything you can do.

What you can do with MTRG

Run a validator node

The first thing you can do with your MTRG is run a validator node to help secure the Meter network.

You will need at least 2000 MTRG to be a validator, and you can earn 20–30% APR. In addition, you can receive commission from others who delegate their stake to you.

To learn how to set up a full and validator node, read our docs here.

If you don’t want to…


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…


We’re removing the liquidity mining reward for our Balancer pool and adding dual rewards for our ChadSwap pool.

Due to our governance vote that ended on March 19 (see here and here for the proposals on Snapshot), we are making changes to our eMTRG liquidity mining program. This includes:

  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.

Here are the details about the changes.

Removing liquidity mining rewards for our Balancer pool

We currently pay a 30% APY eMTRG reward to LPs of the 90% eMTRG / 10% USDC Balancer pool.


Meter mainnet staking has finally launched!

As of 10:00PM on March 23, the Meter network has already staked 663,676 MTRGs, accounting for about 23% of the current total circulation of MTRG. As for now,It’s about 30% of the circulation.

Here are details about how MTRG staking works and a tutorial on how to stake with the Meter wallet.

You can earn MTR or MTRG and help secure the Meter network by staking your MTRG in the Meter desktop wallet.

Please make sure your wallet version is 1.3.1 or higher.

If you are not planning to run a Meter validator node…


With the launch of staking and on-chain auctions, the Meter mainnet now has full functionality.

We are excited to announce that Meter’s full-featured mainnet, named “Tesla”, has just been released!

After successfully completing the final round of the Warring Stakes testnet for three weeks with 528 community validators, we have finally reached this important milestone.

The new release has been deployed to the mainnet on March 19th, 2021 at 1am UTC, and staking will start at the first epoch after block height 9,470,000 (roughly Monday, March 22nd). The first on-chain MTRG auction will start 24 epochs afterwards.

The Road to the Tesla Mainnet

Meter’s journey started…


We are a relayer for the Avalance-Ethereum Bridge, relaunched our testnet, and held a bunch of AMAs!

Hello Meterians!

Welcome to the Meter Monthly for February 2021! We have lots of product updates for you!

Check out everything that has happened in the past month.

Product Updates

Meter is a relayer for the Avalanche-Ethereum Bridge

We are helping to develop and secure the Avalanche-Ethereum Bridge (AEB) as a relayer!

The AEB enables two-way transfers of tokens between the Avalance and Ethereum chains. …


37.5% (15M) of the total tokens are removed from future releases until new synthetic and derivatives products are launched. The general emission of MTRG will be set to 5% per year.

We’ve made some important changes to the tokenomics of the Meter governance token, MTRG, in preparation for the impending launch of staking and on-chain auctions.

First, we have updated the token distribution of MTRG to budget for new initiatives we’re working on.

The primary change comes from the original allocation of 30M tokens to the Team, Equity Investors, and Advisors. As you can see in the table below, we…


Meter helps the Avalanche team to develop and secure two-way transfers of tokens between Avalanche and Ethereum.

We are excited to announce that Meter is helping to develop and secure the recently-launched Avalanche-Ethereum Bridge (AEB) as a relayer!

The AEB connects the Avalanche and Ethereum networks and enables two-way transfers of tokens between the chains. The bridge is an implementation of ChainBridge technology developed by ChainSafe, with Meter, Protofire, Hashquark, POA Network, and Avascan acting as relayers.

Here’s a quick rundown of how the AEB works and the role Meter plays in it:

  1. Users lock Wrapped ETH (WETH), ERC-20, or…


We launched the new Meter explorer, partnered with Harmony and Razor Network, and updated our roadmap.

Hello Meterians!

Welcome to the Meter Monthly for January 2021! It feels good to not have to say “2020” anymore!

Check out everything that has happened in the past month below.

Product Updates

We launched our long-awaited explorer!

The new explorer makes Meter blockchain data much more transparent and allows validators and users to understand the status of the nodes and overall network. The explorer shows data from both Proof-of-Work and Proof-of-Stake chains, as well as detailed transaction history of accounts.

The launch of the explorer…


Meter and Harmony will work together to deploy meta-stable coin MTR to the Harmony protocol.

We are excited to announce that we are partnering with Harmony to launch our fully-decentralized, meta-stable coin MTR on their blockchain!

Harmony is a fast and secure blockchain for decentralized applications. Their production mainnet supports 4 shards of 1000 nodes, producing blocks in 2 seconds with finality. The Harmony protocol uses an Effective Proof-of-Stake (EPoS) consensus mechanism, which reduces centralization while supporting stake delegation, reward compounding, and double-sign slashing.

Harmony is growing their DeFi ecosystem and aims to increase the range of crypto assets deployed…

Mike Chan

Dad and husband! Growing @meter_io and @utu_trust. #crypto, #startup, ex-marketer @capitals, power napper

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