mAssets
- mStable Asset or Meta asset
- Pegged to a unique asset, such as fiat currency or a cryptocurrency like Bitcoin
- Backed by a basket of existing and whitelisted tokenised assets of that same peg (known as basket assets or bAssets)
- Minted/redeemed permissionlessly and on-chain via the mStable smart contracts
- Prices for minting and redeeming are set by a bonding curve
- Each bAsset will have a minimum and maximum weight that determines its lowest and highest possible weighting in that basket, capping a user's exposure to any one pegged crypto asset
Live mAssets
- mUSD mAsset consisting of US dollar stablecoins
- bAssets: USDT, USDC, DAI, sUSD
- mBTC mAsset consisting of tokenised bitcoin
imAssets
- Interest-bearing mAssets similar to Compound's cDAI and cUSDC
- Refer to mAssets deposited in mStable Save
- Can be redeemed for the original deposit plus any interest earned, at any time
- Transferrable like any ERC-20 token unless staked in Savings Vault at low costs
Future mAssets