mStable will conduct an auction of the protocol token MTA on Mesa DEX on July 18th

The stablecoin aggregation agreement mStable announced that it will conduct an auction of the protocol token MTA on Mesa DEX on July 18. mStable stated that the proceeds of this auction will be transferred to mStable Aragon DAO, and can only be used when the agreement has achieved sufficient decentralized governance. At the same time, after the auction is over or the MTA market price is determined, the mStable team will immediately create an mUSD / MTA liquidity pool on Balancer. Lianwen previously reported that the MTA token sale was originally scheduled to launch on July 15 at Balancer. mStable stated 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 of MTA. And transaction depth.