$MST serves as the governance token for the Meridian Finance protocol, allowing its holders to earn a majority of the fees generated by Meridian Finance products.
What is MST?
Meridian Staking Token (MST) is the secondary token issued by the Meridian protocol. It captures fee revenue that is generated by the system and incentivizes early adopters. MST is a tradable ERC20 token, available on leading DEXs across most networks where Meridian Finance is deployed. You can easily check the current liquidity pools and the price of MST through Meridian's token portal.
MST follows a "fair launch" model, ensuring decentralization and transparency. MST can only be acquired through purchases on supported DEXs, with occasional campaigns offering additional incentives in MST tokens. Stay updated via the Meridian announcement channel here.
Special campaigns that distribute MST for supplying liquidity on product launches, follow the announcements channel.
What can I do with MST?
MST holders can stake their tokens to earn fees generated by all Meridian Finance products, including fees from USDM minting and redemptions, borrowing fees, perpetual trading fees, and swap fees.
