LOL this whole time I’ve been buying XMT on swap,

I thought I was buying Metal. I mean, it’s named Metal in my Loan portfolio. FML. Excuse my ineptitude, but what is the circulating supply of XMT and what is the difference between it and Metal?

cryptocurrency english metalpay

12 ответов

XMT is the governance token for the metal dollar.

MC AJNA- Автор вопроса
mopp
XMT is the governance token for the metal dollar.

Lol - I guess I’ve gotta go back to the white-paper.

MC AJNA- Автор вопроса
mopp
XMT is the governance token for the metal dollar.

As such, is it XMT that gets bought/burned when metal dollar is minted?

MC AJNA
Lol - I guess I’ve gotta go back to the white-pape...

MTL/XMT was changed to Metal Dao correct. It’s future new use case will be governance for stable wrapped tokens like the Metal Dollar (XMD and XME). Different to the token representing the MetalChain (METAL).

MC AJNA
As such, is it XMT that gets bought/burned when me...

It will be burned on proposals made for Metal Dollar, Metal Euro, etc.

MC AJNA- Автор вопроса
Pepito⚛️ (Won’t DM First.)
MTL/XMT was changed to Metal Dao correct. It’s fut...

This is unreal. I am so pissed right now. And not drunk. Does the circulating supply change?

MC AJNA
This is unreal. I am so pissed right now. And not ...

Of what? MTL/XMT/Metal Dao supply didn’t change. It will shrink with proposals.

MC AJNA- Автор вопроса
MC AJNA- Автор вопроса
mopp
Nothing to be mad about.

Speak for yourself - If I’m reading things correctly, I bought XMT rightly assuming it was Metal. I just found out it is now a DAO token, not the governance token for the blockchain. I bought it with the understanding that it would be burnt with every mint of the stable-coin. I’ve been on holiday for a couple of weeks and I’m not super plugged in, but I’m surprised that I would’ve missed this if it was announced and talked about at length, since April.

MC AJNA
Speak for yourself - If I’m reading things correct...

Sounds like you are confusing the two. METAL was just announced recently

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