Equity Details
Price & Market Data
Price: $0.0221
Daily Change: -$0.0₅738 / 0.03%
Daily Range: $0.022 - $0.0224
Market Cap: $714,727
Daily Volume: 514
About Meter (MTRG)
Comprehensive financial data on Meter (X:MTRG). Trading at 0.0221, it has a daily change of -$0.0₅738 / 0.03%. Market cap: 714,727. Review its performance from the last week to the last year.
Details
Meter uses an innovative economic and consensus design that separates currency creation (Proof of Work) with record keeping (Proof of Stake). Its value is supported by the price of 10 kWh of electricity, which is more stable in purchasing power than any fiat currency in the world.Meter is a DeFi infrastructure with a Built-in PoW based stablecoin. It strives to solve the following problems in decentralized finance:1. Lack of a crypto-native stablecoin without counterparty, oracle and regulatory risks.2. Slow performance and long confirmation times.3. Most current DeFi apps are built on Ethereum, which makes it difficult for non-Ethereum assets to develop DeFi applications.