> For the complete documentation index, see [llms.txt](https://docs.meter.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.meter.io/readme.md).

# Welcome to Meter!

Meter is DeFi infrastructure with a built-in, crypto-native, metastable currency, MTR.  It uses HotStuff based PoS consensus with MTRG (Meter Governance Token) to manage the blockchain ledger.  Meter functions as a highly-decentralized, high-performance side chain for Ethereum and other public chains.

We are working to achieve three things with Meter’s DeFi infrastructure: 

1. Complete Bitcoin’s original vision and create a metastable sound money independent of the fiat system. 
2. Address performance issues that current chains are facing with our Hybrid PoW/PoS + HotStuff consensus that is backward compatible with Ethereum. 
3. Interconnect with other public chains like ETH and run as a side chain to enable scaling and value interaction.

Please read on to learn more!