Hustlepedia is back today with another low cap altcoin gem, today with a Layer 1 & Layer 2 protocol Meter.io, a DeFi infrastructure with a Proof-of-Work-mined, low-volatility coin, MTR, at its core. MTR is a fully-decentralized, permissionless, stable cryptocurrency that eliminates counterparty, regulatory, and oracle risks found with crypto-and fiat-backed coins. The Meter stablecoin, Meter (MTR) is backed by global electricity, rather than being backed by fiat dollars, subject to decrease in value due to printing. Meter is DeFi infrastructure with a built-in, crypto-native, metastable currency. It functions as a highly-decentralized, high-performance side chain for Ethereum and other public chains. Providing interoperability on some of the top upcoming blockchains such as Avalanche, Ethereum, Moonriver, Binance Smart Chain, Theta and more, along with partnerships with Polygon, Elrond, Chainlink and more. Meter might be the most underrated Layer 1/Layer 2 protocol on the entire blockchain, sitting at an $11 million market cap as of recording.
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