DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source
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“The project will find it very difficult to raise with the current token given its value,” he said, referring to the MTA token, which at 2 cents is down 93% in a year. He continued: “The protocol isn’t earning enough from its products to self-sustain; and the [decentralized autonomous organization’s] runway is continuing to decrease each month and will be depleted at current burn within 12 or so months.”
Source: CoinDesk
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