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mStable is autonomous and non-custodial stablecoin infrastructure designed to provide decentralised finance platforms and protocols with a base layer collateral protocol on which DeFi applications can be built.
mStable is a meta-asset platform that aims to create assets stronger than the sum of their parts.
Meta (MTA) is mStableβs protocol token and it has three core functions:
*To coordinate decentralised governance.
*To incentivise bootstrapping of mAsset liquidity, utility and a decentralised community of Governors.
*To act as the source of re-collateralisation if it is implemented in future after being approved by governors.
@CryptoTrades #mta #meta #cryptocurrencyeducation #altcoins
mStable is autonomous and non-custodial stablecoin infrastructure designed to provide decentralised finance platforms and protocols with a base layer collateral protocol on which DeFi applications can be built.
mStable is a meta-asset platform that aims to create assets stronger than the sum of their parts.
Meta (MTA) is mStableβs protocol token and it has three core functions:
*To coordinate decentralised governance.
*To incentivise bootstrapping of mAsset liquidity, utility and a decentralised community of Governors.
*To act as the source of re-collateralisation if it is implemented in future after being approved by governors.
@CryptoTrades #mta #meta #cryptocurrencyeducation #altcoins
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SKALE Network is a web of elastic blockchains built to optimise scalability and improve user-experience for decentralised applications.
SKALE Network is a Delegated Proof-of-Stake (DPoS) network, utilizing a type of Asynchronous Binary Byzantine Agreement (ABBA) consensus mechanism.
SKL is SKALE Networkβs ERC-777 native utility token and has the following use cases:
Network Security and Staking: SKL token holders can stake and delegate SKL tokens to validators who run nodes that make the SKALE Network function by validating blocks, executing smart contracts, and securing the network.
Payments: developers can purchase subscription access to elastic blockchains (S-chains) using SKL tokens.
Governance: SKL tokens will be used for on-chain voting, which controls all economic parameters of the SKALE Network.
@CryptoTrades #skl #skale #cryptocurrencyeducation #altcoins
SKALE Network is a web of elastic blockchains built to optimise scalability and improve user-experience for decentralised applications.
SKALE Network is a Delegated Proof-of-Stake (DPoS) network, utilizing a type of Asynchronous Binary Byzantine Agreement (ABBA) consensus mechanism.
SKL is SKALE Networkβs ERC-777 native utility token and has the following use cases:
Network Security and Staking: SKL token holders can stake and delegate SKL tokens to validators who run nodes that make the SKALE Network function by validating blocks, executing smart contracts, and securing the network.
Payments: developers can purchase subscription access to elastic blockchains (S-chains) using SKL tokens.
Governance: SKL tokens will be used for on-chain voting, which controls all economic parameters of the SKALE Network.
@CryptoTrades #skl #skale #cryptocurrencyeducation #altcoins