mStable delays the launch of the protocol token MTA by up to one week

The stablecoin aggregation protocol mStable announced that the launch of the protocol token MTA will be delayed by up to a week (originally scheduled to be launched at 10 o’clock tonight). mStable claims that the decision was made after considering the balancer and the Uniswap liquidity pool when the incentive mechanism between the participants was inconsistent with the long-term goal of the MTA token, and was made after consultation with the community. mStable will detail the subsequent startup steps within the next 24-48 hours. mStable said that the new solution will avoid the operation of the front end of the “robot” to the greatest extent, and encourage long-term holders of MTA to enhance the liquidity and transaction depth of MTA.