mStable USD (MUSD)

mStable USD (MUSD) is a decentralized stablecoin ecosystem that allows users to trade and earn yield on their stablecoins. It operates as a decentralized and non-custodial protocol powered by the $MTA token. Users have the opportunity to earn yield by providing MTA liquidity on Optimism Velodrome and can also bridge to Optimism to receive stablecoin yield. The protocol is continuously evolving, with more features and opportunities coming soon.

mStable’s recent acquisition by dHEDGE, a decentralized asset management platform, marks a significant milestone. This strategic acquisition positions mStable to become a leading yield vault aggregator across multiple chains and expand its reach within the DeFi ecosystem. The roadmap for mStable includes increased focus on high-yield vaults on Optimism, MTA liquidity on Velodrome, MTA buy-back and burn, and support for legacy product withdrawals. Additionally, mStable offers an open and decentralized platform integrated with leading protocols, allowing users to create their vaults or find the best asset managers.

It is important to note that all DeFi products, including mStable, carry risk. Users are advised to conduct their research before using the protocol. mStable provides developers with comprehensive documentation and resources and a governance app for users to participate in decision-making processes. The protocol is powered by the mStable Governance token (MTA). To stay updated, users can subscribe to mStable’s Testnet and access the protocol’s forum to engage in discussions and vote on important matters.