The stable coin aggregation protocol mStable based on Ethereum will be launched in a few months

mStable co-founder James Simpson wrote a few days ago to introduce its new Ethereum-based stablecoin aggregation protocol mStable, which can inject other stablecoins (such as DAI, USDT, USDC) to mint stablecoins (such as mUSD) in the mStable protocol. ) Smart contract system, users can also destroy mUSD to redeem other stablecoins and pay part of the redemption fee. The mStable agreement also includes the governance token Meta. Users can use Meta for pledges, proposals, and votes. They can also collect redemption fees and restore the value of off-anchor assets. mStable said it will be online in the next few months.