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
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Market Stats
Market Cap
ARS 3.48B
-5.97%
FDV
ARS 5.27B
Circ. Supply
32M MTRG
Max Supply
Not enough data
Total Supply
49M MTRG
Diluted Valuation
ARS 5.22B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
ARS 230.70M
4.56%
Volume (7D)
ARS 1.70B
Volume (30D)
ARS 7.42B
All time high
ARS 39.59K
Price Change (1Y)
-92.04%
Additional info about Meter Governance
Recent trends
The latest MTRG price is ARS 107.28. Meter Governance's all time high is ARS 39,585.41, which was reached on March 27, 2021. This is a -100% change from its price today.
The market cap is currently ARS 3.48B, which is a result of multiplying the current price of Meter Governance(ARS 107.28) by the total supply(48,890,067 MTRG). The fully diluted valuation of Meter Governance is ARS 5.27B. The diluted valuation of Meter Governance is ARS 5.27B.
Market details
MTRG vs markets
↘ 94.07%
MTRG vs BTC
↘ 94.99%
MTRG vs ETH
↘ 89.12%
Tags
defi
interoperability
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xBd2949F67DcdC549c6Ebe98696449Fa79D988A9F | |
Meter | 0x228ebbee999c6a7ad74a6130e81b12f9fe237ba3 | |
Theta | 0xbd2949f67dcdc549c6ebe98696449fa79d988a9f |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 107.28 | ↘ 6.30% |
1 Day | ARSNaN | ↘ 6.30% |
1 Week | ARSNaN | ↘ 5.47% |
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.
We update our Meter Governance to ARS currency in real-time. Get the live price of Meter Governance on Coinbase.
The current market cap of Meter Governance is ARS 3.48B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Meter Governance is ARS 39,585.41. This all-time high is highest price paid for Meter Governance since it was launched.
Over the last 24 hours, the trading volume of Meter Governance is ARS 230.70M.
Assets that have a similar market cap to Meter Governance include Napoli Fan Token, Dasha, Alitas, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Meter Governance is 32 million.
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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.
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