mStable combines lending income with trading fees to produce higher yielding assets.
Secure, non-custodial contracts
Smart contract security is mStable’s first priority.
The mStable protocol was fully audited by Consensys Diligence and no critical bugs were found.
Consensys Audit
Code quality is high and the code is well-documented. Test coverage is outstanding with near-100% branch coverage. The code adheres to best practices and does not contain trivial bugs.
Bug Bounty Program
An open reward pool for discovering and reporting vulnerabilities in mStable is ongoing, with rewards of up to US$50,000.
Integrated with leading protocols
Aave
The mStable protocol programmatically lends deposits via Aave’s lending markets
Argent
Trade mUSD and MTA on Argent wallet
Balancer
mStable leverages Balancer to produce deep liquidity for mStable assets
Compound
The mStable protocol programmatically lends deposits via Compound’s lending markets
Curve
Highly efficient mUSD liquidity
Matcha
mStable's SWAP is a source of stablecoin liquidity for the Matcha DEX aggregator
Sablier
MTA's emission for investors, team and institutional liquidity providers is programmatic and automated through Sablier contracts
Uniswap
The mStable protocol leverages Uniswap to produce deep liquidity for mStable assets
1inch
mStable's SWAP is a source of stablecoin liquidity for the 1inch DEX aggregator
An open & decentralised ecosystem
mStable is governed by MTA holders who have staked their tokens to vote on proposals. mStable's governance goes through a process where consensus is reached in progressively concrete stages.
Proposals and ideas are surfaced on the Discord or public forum, and are finalised by on-chain signalling by MTA holders.