Meter.io, $MTR is not just another cryptocurrency; it's a beacon of stability powered by a unique energy-based consensus mechanism.
Every $MTR token is tangibly backed by 10 kWh of electricity, ensuring a stable purchasing power superior to fiat currencies.
Meter's smart design allows for an elastic response in block rewards based on miners' activity, constantly adjusting to maintain the value of $MTR.
Meter.io's financial acumen doesn't stop there. The platform also features a revolutionary on-chain auction for $MTRG, which serves to buffer any excess $MTR from the market, continually nudging the price back to its sustainable range.
In essence, $MTR embodies a non-dollar-pegged metastablecoin, steadfast in its value thanks to the ingenious coupling of mining activity with real-world energy costs.
