What is Metal DAO
Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD), in addition to providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. Metal Pay customers who own 10,000+ MTL can enjoy 0% fees on all cryptocurrency purchases.
Metal DAO's future utility includes the ability to propose new stablecoins for the Metal Dollar basket, including their allocation ratios, and the option to vote in new stablecoin issuers such as community banks or fintechs.
Metal Pay was developed and launched by Metallicus in 2016.
Metal DAO vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, MTL would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of MTL might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including MTL.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.