• Robust governance includes a large and decentralised stakeholder-base.
• A single entity or a small group of closely aligned entities would centralise mStable and potentially create a dangerous single point of failure. It is a core project aim to ensure a broad Meta distribution.
• The mStable Public Rewards on Earn, Staking v1, the Save vault and the Grants Program work to enable this

Emissions Schedule

• MTA allocations and vesting can all be viewed in this public document
• In total, each group has the following aggregate allocations:
  • Investors — 20.18m MTA (20.2% of total supply)
  • Team and Advisors — 13.82m MTA (13.8% of total supply)
  • Institutional Liquidity Miners — 6.72m MTA (6.7% of total supply)
  • Future contributors — 5.10m MTA (5.1% of total supply)
  • Mesa auction and BAL pool seeding — 3.2m MTA (3.2% of total supply)
  • Public rewards and staking — 51m MTA (51% of total supply)

Emissions to investors

• Investors receive their token allocation programmatically via Sablier on a second-by-second vesting
• It vests according to the vesting schedule of that participant (between 9 months and >3 years)
• Stakeholders have signalled their long-term commitment to mStable via staking and governance participation