eMTRG and eMTR

The Meter-Ethereum bridge

The Meter-Ethereum bridge enables transfer of decentralized value between Meter and Ethereum and is the foundation of our liquidity mining program.

Here is important information about our ERC-20 tokens, Balancer and Uniswap pools, and more:

  1. Meter bridge address:

Mainnet: 0x5c5713656c6819ebe3921936fd28bed2a387cda5

Ethereum:

eMTRG: 0xBd2949F67DcdC549c6Ebe98696449Fa79D988A9F

Liquidity Mining

On Ethereum, we are partnering with ChadSwap for liquidity mining program. Uniswap liquidity providers could stake the eMTRG/ETH LP tokens in on ChadSwap to earn around 200% annual returns, of which 25% is vested immediately and 75% will be vested linearly over a year.

If you are not participating in the liquidity mining for ChadSwap, simply holding your Uniswap v2 eMTRG-ETH or the Balancer eMTRG/USDC (90%/10%) LP tokens, you will receive 30% APY airdrops in eMTRG directly sent to your wallet.

How to map MTR -> eMTR and MTRG -> eMTRG using the Meter wallet

Since Meter main net and Ethereum share the same address format, the official Meter wallet can wrap MTRG to eMTRG and send it to the same address on Ethereum. Please read this blog post for a step-by-step tutorial on how to map MTR and MTRG to eMTR and eMTRG, respectively:

How to map eMTR -> MTR and eMTRG -> MTRG

User can simply convert eMTRG back to MTRG by sending the eMTRG to eMTRG's contract address: 0xBd2949F67DcdC549c6Ebe98696449Fa79D988A9F The sender will automatically receive MTRG on sending address on Meter main net. Please read this blog post for a step-by-step tutorial on how to map MTR and MTRG to eMTR and eMTRG, respectively:

The Meter Liquidity Mining Program

The goals of the Meter Liquidity Mining program are to:

  1. Bootstrap the liquidity for eMTRG and eMTR within the Ethereum DeFi ecosystem

  2. Incentivize MTRG token holders to contribute to the Meter ecosystem

  3. Improve upon the Meter-Ethereum bridge

There are currently two eMTRG pools used for liquidity mining:

Rewards are set at 30% APR for both pools, but you will also receive BAL tokens if you add liquidity to the Balancer pool.

Read this blog post for more information and step-by-step tutorials on how to add liquidity to Balancer and Uniswap: