Metal DAO mtl
US$0.76
-3.09%
This asset page has been automatically generated by Collective Shift – we’re fancy like that.
This space is exploding and we want you to have information on the crypto that matters to you most.
Should we review this asset, it will be updated and you’ll see our analysis.
Summary
Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD), in addition to providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. Metal Pay customers who own 10,000+ MTL can enjoy 0% fees on all cryptocurrency purchases.
Metal DAO's future utility includes the ability to propose new stablecoins for the Metal Dollar basket, including their allocation ratios, and the option to vote in new stablecoin issuers such as community banks or fintechs.
Metal Pay was developed and launched by Metallicus in 2016.