Meteora Shares Two Proposals on MET Token Distribution

PANews reported on March 21 that the Solana-based decentralized exchange Meteora announced on the X platform that two proposals for MET tokens have been released. The first proposal, called the "LP Stimulus Plan," aims to increase the MET allocation for liquidity providers from 10% to 15%. The second proposal suggests allocating 20% of the MET supply to the team as part of a long-term incentive structure, which will vest within 6 years of the TGE; in addition, 2% of the team's 20% MET quota will be allocated to M3M3 stakeholders (i.e., M3M3 holders and M3M3 equity holders), which will be distributed after a 1-year cliff or one year after the TGE, and promises to exclude M3M3 bad actors from this distribution.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
OpenEden launches HYBOND to tokenize its BNY high-yield bond strategy.
PANews Newsflash