Convert Tether to Meta Pool DAO (USDT → mpDAO)

Swap USDT on Ethereum to mpDAO on NEAR — no bridges, no delays. Powered by NEAR Intents.

Swap USDT to mpDAO

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USDT to mpDAO rate today

1 USDT ≈ 116.23 mpDAO and 1 mpDAO ≈ 0.008604 USDT, based on market prices at 2026-09-22 09:42 UTC. The quote in the widget above is what you actually receive, fees included.

TokenPrice24h
Tether (USDT)$0.9997+0.00%
Meta Pool DAO (mpDAO)$0.008602+4.90%

How to convert Tether to Meta Pool DAO

Converting USDT to mpDAO on NEAR Mobile Swap is done in three simple steps through the NEAR Intents protocol: Deposit, Swap, and Withdraw.

Step 1 — Deposit USDT from Ethereum
Go to the Deposit tab and select Tether (USDT) on Ethereum. The widget will generate a deposit address (or QR code) — send your USDT there from any wallet. Once the deposit is confirmed on Ethereum, your USDT balance appears inside NEAR Intents.

Step 2 — Swap USDT to mpDAO on NEAR Intents
Switch to the Swap tab, pick USDT as the source and mpDAO as the target. Enter the amount and confirm — solvers compete to fill your order and the swap settles in seconds.

Step 3 — Withdraw mpDAO to NEAR
Finally, go to the Withdraw tab. Select Meta Pool DAO (mpDAO) from your NEAR Intents balance and choose NEAR as the destination. Enter an address from a NEAR wallet such as NEAR Mobile or Meteor and confirm.

⚠ Important: When entering a withdrawal address, make sure it is a personal wallet you control. Some centralized exchanges do not support receiving funds from smart-contract-based deposits — sending to an exchange address may result in lost funds.

About the USDT → mpDAO swap

This is a cross-chain swap: your USDT leaves Ethereum and mpDAO arrives on NEAR. Normally that takes a bridge plus a DEX, or a centralized exchange account. With NEAR Intents the deposit, swap and withdrawal happen in one flow, and what lands in your wallet is mpDAO on NEAR, not a wrapped copy you have to bridge again.

Swapping USDT to mpDAO is how you buy Meta Pool DAO with US dollars you already hold on-chain: you pay in a stablecoin and receive mpDAO directly on NEAR.

About Tether and Meta Pool DAO

What is Tether (USDT)?

Tether (USDT) is a stablecoin designed to hold a value of one US dollar, issued by the company Tether since 2014. Having started on Bitcoin's Omni Layer, it has since expanded to many blockchains, including Ethereum, TRON, Solana and others.

Type
Fiat-backed stablecoin
Launched
2014
Consensus
Inherits the consensus of each host blockchain
Max supply
No fixed cap (minted and redeemed on demand)
Swap network
Ethereum
Sector (Messari)
Stablecoins
Tether official site ↗Sector classification by Messari ↗

How Tether works

Tether creates new USDT when verified customers deposit dollars and redeems tokens for dollars when they are returned, so the supply follows demand. The company reports holding reserve assets, mainly US Treasury bills and cash equivalents, to back the tokens in circulation and publishes periodic attestations of those reserves.

What USDT is used for

Traders use USDT to park funds between trades and as a quote currency on exchanges around the world. It is also common for cross-border payments and for saving in dollars in places with volatile local currencies.

USDT supply

There is no fixed supply: tokens are minted when dollars come in and burned when they are redeemed. The goal is for each USDT to be backed by reserves worth at least one dollar.

Before you swap USDT

USDT exists on many networks, and the swap widget defaults to the Ethereum version, so confirm the selected network matches the chain of your wallet before sending or receiving. Sending USDT over the wrong network can make funds difficult or impossible to recover.

What is Meta Pool DAO (mpDAO)?

mpDAO governs Meta Pool, the liquid staking provider that issues stNEAR on NEAR and has expanded to other networks. It replaced the earlier META token in April 2024 through the mpIP-3 proposal, which swapped locked META for locked mpDAO one for one, and it was also launched on Ethereum.

Type
Liquid staking governance token
Launched
2024
Consensus
Runs on NEAR (also on Ethereum)
Max supply
1 billion mpDAO
Swap network
NEAR
Meta Pool DAO official site ↗

How Meta Pool DAO works

Holders lock mpDAO for 30 to 300 days to get voting power. A 30-day lock gives half a vote per token and a 300-day lock gives five. Those votes decide which validators receive the share of Meta Pool's NEAR stake that the DAO controls, and they are also used on governance proposals.

What mpDAO is used for

Stakers and validators lock the token to steer stake delegation and vote on protocol changes. Locked holders who vote also qualify for a monthly share of Meta Pool fees, paid in assets such as stNEAR or mpDAO.

mpDAO supply

Total supply is fixed at 1 billion tokens, the same cap and allocation as the old META token, which included community, founder, investor and team shares with multi-year vesting.

Before you swap mpDAO

Swaps here use the NEAR version (mpdao-token.near). There is also an ERC-20 on Ethereum, so check which network you are sending to. Tokens you receive are unlocked; you need to lock them in Meta Pool to vote.

Looking for the reverse?Convert mpDAO to USDT →
More swaps:All USDT pairs →All mpDAO pairs →

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USDT to mpDAO: frequently asked questions

What to know before swapping Tether for Meta Pool DAO

Deposit USDT from Ethereum into NEAR Intents, swap it for mpDAO, then withdraw mpDAO to your wallet on NEAR. The widget on this page walks you through all three steps and shows the exact amount you will receive before you confirm.