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.

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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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