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Meteora shares two proposals regarding MET token allocation

2025-03-21 01:04

Based on Solana, the decentralized exchange Meteora announced on the X platform that it has released two proposals for the MET token. The first proposal is called the 'LP Stimulus Plan', which aims to increase the MET allocation for liquidity providers from 10% to 15%. The second proposal suggests allocating 20% of MET supply to the team as part of a long-term incentive structure, which will be attributed to TGE within 6 years; In addition, 2% of the team's 20% MET quota will be allocated to M3M3 stakeholders (i.e. M3M3 holders and M3M3 equity holders), and this allocation will be made after one year of cliff or TGE, with a commitment to exclude M3M3 bad actors from this allocation.

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