Meter

Your favorite Ethereum dApps don't have to be costly to be fast and highly decentralized.  Financial assets should flow freely among blockchains.

Meter is DeFi infrastructure with a built-in, crypto-native, metastable currency, MTR. It uses HotStuff based PoS consensus with MTRG (Meter Governance Token) to manage the blockchain ledger. Meter functions as a highly-decentralized, high-performance side chain for Ethereum and other public chains.

We are working to achieve three things with Meter’s DeFi infrastructure:

- Complete Bitcoin’s original vision and create a metastable sound money independent of the fiat system.

- Address performance issues that current chains are facing with our Hybrid PoW/PoS + HotStuff consensus that is backward compatible with Ethereum.

- Interconnect with other public chains like ETH and run as a side chain to enable scaling and value interaction.

Meter is a DeFi infrastructure with a built-in, crypto-native, metastable currency. It functions as a highly-decentralized, high-performance EVM compatible side chain for Ethereum and other public chains.

The Meter system uses Proof of Work to create a fully-decentralized, low-volatility coin MTR for fees and payments, and HotStuff-based Proof of Stake with the MTRG governance coin to validate transactions.

This hybrid consensus mechanism makes Meter fast - the system can process thousands of transactions per second, reaching finality almost instantly - and super secure.

DeFi app developers can also use our highly-decentralized, HotStuff-consensus PoS chain as an EVM-compatible side chain to increase the speed and scalability of decentralized exchanges, derivative trading platforms, yield farming programs, and other DeFi apps.