Meteora Launches $1 Million Fund to Support Solana Project

PANews reported on June 6 that Solana ecosystem liquidity platform Meteora announced the establishment of Meteora Capital Markets Fund, investing $1 million to support teams building Internet capital markets on Solana, helping them achieve product-market fit and expand their vision. The fund aims to accelerate the development of teams using the Meteora technology stack, including tools such as Dynamic Bonding Curve and Dynamic AMM V2, and provide financial and technical support to simplify the development process, focusing on users and growth. The protocol fees of successful projects will be replenished to the fund (up to 4 times the initial funds) to continue to support more developers.

According to previous news, Meteora proposed to allocate 25% of MET tokens to liquidity incentives and TGE reserves .

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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