Meter Governance MTRG
1. Summary
- Price
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$0.32 -3.4%
- Market Cap
- $8.80M (#1655)
- Supply
- 31.48M / 47.74M
- Description
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Meter Governance (MTRG) is the governance token of the Meter system, which is an Ethereum-compatible sidechain network utilized for scalability and interoperability. Meter's infrastructure incorporates a metastable gas currency called MTR, designed to enable transactions at high speed and low cost without compromising security.
Meter Governance (MTRG) is the governance token of the Meter system, which is an Ethereum-compatible sidechain network utilized for scalability and interoperability. Meter's infrastructure incorporates a metastable gas currency called MTR, designed to enable transactions at high speed and low cost without compromising security.
PoS Consensus and Tokenomics
MTRG plays a crucial role in the validation of transactions through HotStuff-style Proof of Stake (PoS) enablement. This ensures the network's decentralized operation and robust governance.
Centralized and Decentralized Exchanges
MTRG tokens can be traded on both centralized and decentralized exchanges. The prominent trading platforms supporting MTRG include KuCoin, Pancakeswap V3, and MEXC, with the MTRG/USDT pair on KuCoin being amongst the most active.
Governance and Validation
MTRG is essential for governing the Meter network, allowing holders to participate in the consensus process. This ensures that the network's infrastructure remains stable and decentralized while incentivizing validators to maintain the integrity of the blockchain.
Meter Network
Meter is designed to scale smart contracts across heterogeneous blockchain networks. It consists of three primary components:
- Cross-chain Interoperability: Meter facilitates secure and seamless interactions with other blockchain networks using Meter Passport.
- Scalability: Meter's Ethereum-compatible Layer-1/2 chain leverages the HotStuff PoS consensus mechanism.
- Metastable Gas Currency (MTR): MTR is generated using SHA256-PoW and is pegged to 10 kWh of electricity, ensuring stability and minimizing the impact of inflation.
| Price | |
| 52W High price | $4.40 |
| 52W High date | 2nd Jan 2024 (10 months ago) |
| All Time High (ATH) Date | 2nd Nov 2021 (3 years ago) |
| ATH Price | $16.47 |
| % From ATH | -98.54% |
| All Time Low (ATL) Date | 20th Jan 2021 (3 years ago) |
| ATL Price | $0.21 |
| % From ATL | 13.79% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $62,843.00 |
| Total Supply | 47.74M |
| Circulating Supply | 31.48M |
MTRG
How does Meter Governance's (MTRG) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-47.3%
MTRG
21.8%
Similar Market Cap
60 Day Return
-52.9%
MTRG
34.3%
Similar Market Cap
1 Year Return
-86.5%
MTRG
-17.3%
Similar Market Cap
We're monitoring 116 Meter Governance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Meter Governance Repos)
Commits vs. The Market
- Past 4 weeks: 2 commits vs. an average of 1
- Past 12 weeks: 6 commits vs. an average of 8
- Past year: 140 commits vs. an average of 113
Most Active Repos
| Past week | 39 |
|---|---|
| Past 12 weeks | 109 |
| Past year | 552 |
| Past week | 71 |
|---|---|
| Past 12 weeks | 86 |
| Past year | 241 |
| Past week | 18 |
|---|---|
| Past 12 weeks | 59 |
| Past year | 231 |
| Past week | 1 |
|---|---|
| Past 12 weeks | 73 |
| Past year | 220 |
| Past week | 7 |
|---|---|
| Past 12 weeks | 37 |
| Past year | 201 |
| Past week | 9 |
|---|---|
| Past 12 weeks | 16 |
| Past year | 177 |
Top Developers 2024
In total, 714 developers have contributed to Meter Governance over the past year. Who are the most active Meter Governance developers, by commits, over the past year?
Related Projects
Developers working on Meter Governance also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 1,562 |
|---|---|
| Active Reddit Users (past 24h) | 5 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 7,154 |
| Twitter followers | 35,978 |
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forum.meter.io/t/mip-ecosystem-investment-sumer-money/413 Official
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forum.meter.io/t/mip-ecosystem-investment-sumer-money/413 Official
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docs.meter.io/passport/ethereum-interoperability Official
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docs.meter.io/passport/ethereum-interoperability Official
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docs.meter.io/passport/ethereum-interoperability Official
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docs.meter.io/passport/ethereum-interoperability Official
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docs.meter.io/passport/ethereum-interoperability Official
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docs.meter.io/passport/ethereum-interoperability Official
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docs.meter.io/passport/ethereum-interoperability Official
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docs.meter.io/passport/ethereum-interoperability Official
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docs.meter.io/passport/ethereum-interoperability Official
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forum.meter.io/t/mip-transition-plan-to-sunset-busd-from-meter-ecosystem/407 Official
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forum.meter.io/t/mip-transition-plan-to-sunset-busd-from-meter-ecosystem/407 Official
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forum.meter.io/t/mip-transition-plan-to-sunset-busd-from-meter-ecosystem/407 Official
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forum.meter.io/t/mip-transition-plan-to-sunset-busd-from-meter-ecosystem/407 Official
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forum.meter.io/t/mip-transition-plan-to-sunset-busd-from-meter-ecosystem/407 Official
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forum.meter.io/t/mip-transition-plan-to-sunset-busd-from-meter-ecosystem/407 Official
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safe.meter.io/welcome Official
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safe.meter.io/welcome Official
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safe.meter.io/welcome Official
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safe.meter.io/welcome Official
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safe.meter.io/welcome Official
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safe.meter.io/welcome Official
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safe.meter.io/welcome Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.meter.io/ |
|---|---|
| Explorer | https://scan.meter.io/ |
| @Meter_IO | |
| /r/Meter_io | |
| Forum | https://medium.com/meter-io |
| Whitepaper | https://docsend.com/view/6gebiph |
What is the correct contract address for Meter Governance?
| Meter | 0x228ebbee999c6a7ad74a6130e81b12f9fe237ba3 |
|---|---|
| Theta | 0xbd2949f67dcdc549c6ebe98696449fa79d988a9f |
| Binance-smart-chain | 0xbd2949f67dcdc549c6ebe98696449fa79d988a9f |
Has Meter Governance been audited for security?
No security audits found for this project.
Are you the owner of Meter Governance? Edit it here
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