What is Metal DAO?

Symbol: MTL · Market cap rank: #742

Short answer

Metal DAO (MTL) is a cryptocurrency currently ranked #742 by market capitalisation.

Source: isthiscoinascam.com

Overview

Metal DAO (MTL) is a utility token that governs the stablecoin Metal Dollar (XMD) and offers tiered trading discounts to MTL holders using the Metal Pay app. Holders of 10,000 or more MTL can benefit from zero fees on cryptocurrency purchases within the platform.

The token's future functionality includes the ability to propose new stablecoins for the Metal Dollar basket and vote on new stablecoin issuers, which could include community banks or fintech companies. Metal Pay was developed and launched by Metallicus in 2016.

Scam-risk analysis

Metal DAO has a moderate score — some risk signals were raised but no critical concerns. Is Metal DAO a scam?

See the full report

Live price, holders, audits and the complete scam-risk breakdown.

Open the full Metal DAO report →