in the crypto world we have a lot of tokenized assets. assets like tokenized dollars or stable coins tokenized bitcoin and there’s even tokenized gold, what mstable does is unify, all of these assets into one standard, currently there’s five or six major usd stablecoins that you can use to exchange between your cryptocurrencies, unfortunately most of the time selling your crypto and holding a stablecoin means that you would be missing out on any upside potential and at the same time stablecoins can be prone to failure, for example tether the largest stablecoin by market cap has faced accusations of being unable to provide audits for their reserves while continually printing millions, so if you hold usdt and there’s a regulatory decision in the us or tether isn’t fully backed you could lose all of your money. mstable solves this by offering an insurance mechanism an ecosystem of hedge assets, so if usdt goes to 50 cents and you’re holding musd you won’t see your musd losing value, this is the next generation in collateral management tokenomics where risk is managed in distinct trenches but it doesn’t stop there, you can continue to gain money while holding stable coins by depositing your musd into the save contract and earn interest. finally mstable has a protocol token called meta. meta lies at the heart of the m-stable platform and token holders earn income from fees collected in the platform and interest generated on its underlying assets, so buying mta amounts to buying shares in an ecosystem of hedge assets the more the ecosystem grows the more the fair price of mta grows, if everything is done right this will take over the stablecoin market and make mta very profitable.
Randall C. Schneider is the founder and owner of ANTOCAT. he is been freelancing for many years and now focusses on WordPress development and blog design for small businesses and online publishers