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:
- 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…
We are excited to announce that the long-awaited new Meter explorer is now online!
You can use the explorer here: https://scan.meter.io
The launch of the explorer also clears thepath for the soon-to-be-launched open staking on Meter’s mainnet. It is extremely important for validators and users to better understand the status of the network and the state of the validator nodes. It also makes the blockchain data more transparent to the community. Detailed transaction history of accounts is finally available.
New features of the explorer include:
1. Detailed information on both the PoS and PoW chains.
2. PoW chain information includes…
We have integrated Razor Network’s decentralized oracles into the Meter Mainnet.
We are excited to announce that we’ve partnered with Razor Network to bring their secure, decentralized off-chain data to Dapps built on Meter DeFi infrastructure!
DeFi app developers can take advantage of Razor Network’s reliable and secure data feeds for the apps they build on the Meter platform.
Razor’s Oracle solution is completely decentralized and offers maximum game theoretical security. The decentralized nature helps Razor avoid problems such as single points of failure or data hacks that are usually associated with centralized architectures. …
2021 is here, we’d like to take this time to reflect on everything we accomplished last year and what’s coming this year.
2020 was a huge year for Meter, with the launch of our mainnet, token sales, the release of the first Dapp built on our network, and more.
Let’s take a look at everything we accomplished in 2020 and what we’ll achieve in 2021 with respect to the development of our DeFi infrastructure, the adoption of MTR, and the growth of our community.
Roadmap for Meter’s DeFi Infrastructure
Progress in 2020
Over the past year, we made big strides in launching, improving, and decentralizing Meter’s DeFi infrastructure…
You can now trade MTR and MTRG on the first DEX built on the Meter network.
We have announced several exciting developments in November, which include the official partnership announcement with our new partners, Oasis Protocol, Tokamak, NEST Protocol, as well as the cross-chain capability on Ethereum.
This time around, we are proud to introduce to you Meterswap, which is a Uniswap V2 fork completely running on the Meter mainnet. With Meterswap, you will be able to hold, trade, and speculate MTR and MTRG using MetaMask on Meter’s mainnet.
User experience is of the utmost importance at Meter. Having considered…
We released a network upgrade, forged a few partnerships, and did a bunch of interviews to spread the word about Meter.
Hello Meterians!
For those of you in the US, we hope you had a Happy Thanksgiving!
We had a big November, including a network upgrade, a bunch of partnerships, and a slew of interviews.
Read on to learn more about everything that’s been going on.
And of course, please share Meter with others who may be interested!
Network and Product Updates
We’ve upgraded the Meter network!
Meter is now much more interoperable with Ethereum. You can use Metamask to interact with our mainnet…
We will integrate NEST Protocol’s oracles to bring their price reference data into the Meter development ecosystem.
We are excited to announce that we have partnered with NEST Protocol to integrate their oracle services into decentralized finance (DeFi) applications built on top of Meter!
By integrating NEST Protocol’s oracles, developers who build on Meter’s DeFi infrastructure will have access to reliable on-chain quotes.
NEST adopts a unique “quotation mining” mechanism to ensure that the traditional off-chain price data is generated on-chain synchronously. …
Mike Chan
Dad and husband! Growing @meter_io and @utu_trust. #crypto, #startup, ex-marketer @capitals, power napper
