Meter Governance (MTRG) logo
Meter Governance (MTRG) logo

Meter Governance (MTRG) Review

Expert Review
Oct 27, 2020

Meter is Layer 1 DeFi infrastructure with a Proof-of-Work-mined, low-volatility coin, MTR, at its core.

MTR is a fully-decentralized, permissionless, stable cryptocurrency that eliminates counterparty, regulatory, and oracle risks found with crypto- and fiat-backed coins.

The Meter system uses Proof of Work to create the MTR stablecoin and Proof of Stake with the MTRG governance coin to validate transactions.

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DeFi app developers can use Meter as: 1) a programmable Layer 1 infrastructure with MTR as the secure medium of exchange, or 2) as a sidechain to other blockchains to allow value interaction across crypto assets.

The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.
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Meter Governance (MTRG) Review