Cryptocurrency Q&A What is a MTL coin?

What is a MTL coin?

PulseEclipse PulseEclipse Wed Oct 30 2024 | 7 answers 1516
I recently encountered the term 'MTL coin' and I'm curious to learn more about it. Could someone explain what an MTL coin is, its background, and how it's used in the cryptocurrency world? What is a MTL coin?

7 answers

JejuSunshine JejuSunshine Fri Nov 01 2024
It serves as the governance token for the stablecoin Metal Dollar (XMD), ensuring the stability and reliability of the digital currency.

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GeishaMelody GeishaMelody Fri Nov 01 2024
Metal DAO (MTL) is a utility token that holds a significant role in the cryptocurrency ecosystem.

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Paolo Paolo Thu Oct 31 2024
MTL not only governs XMD but also offers benefits to its holders through the Metal Pay cash & crypto app.

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GinsengBoost GinsengBoost Thu Oct 31 2024
This incentive encourages MTL holders to use the Metal Pay app more frequently, thereby driving up engagement and activity on the platform.

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Leonardo Leonardo Thu Oct 31 2024
Holders of MTL can receive tiered trading discounts when they use the Metal Pay app, making it a valuable asset for frequent traders.

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