On October 8, according to official news from Block Rhythm, the Solana ecosystem liquidity protocol Meteora announced its MET tokenomics, with 48% of the total supply to be circulated at TGE. According to the Meteora plan, 20% of the tokens are allocated to Mercurial stakers, 15% to Meteora users (through LP incentive programs), 3% to Launchpads and Launchpool ecosystems, 2% to off-chain contributors, 3% to the Jupiter staking incentive program, 3% to centralized exchanges, market makers, etc., and 2% to M3M3 stakers. Of the remaining portion, 18% is allocated to the team with a 6-year linear vesting, and 34% is allocated to the Meteora reserve, also with a linear vesting of 6 years.
Meteora has launched a Liquidity Distributor to distribute airdrops in the form of liquidity positions, rather than through traditional direct claims. Users can earn trading fee rewards without selling their tokens by broadly "selling" liquidity airdrops. Of the 48% circulating supply at TGE, 10% will be distributed through the Liquidity Distributor, and users can choose to participate at TGE. This mechanism helps Meteora to initiate MET liquidity without the need for the team to provide tokens, while the community provides liquidity and earns trading fee rewards.
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AirdropHunter007
· 15h ago
Play is play, how can 48 be divided?
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FlashLoanLarry
· 15h ago
degens...48% tge means insta dump incoming tbh
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MetaMasked
· 15h ago
It feels like there is quite a bit of inflation pressure, isn't it?
Meteora announces MET tokenomics 48% of total supply will be in circulation at TGE.
On October 8, according to official news from Block Rhythm, the Solana ecosystem liquidity protocol Meteora announced its MET tokenomics, with 48% of the total supply to be circulated at TGE. According to the Meteora plan, 20% of the tokens are allocated to Mercurial stakers, 15% to Meteora users (through LP incentive programs), 3% to Launchpads and Launchpool ecosystems, 2% to off-chain contributors, 3% to the Jupiter staking incentive program, 3% to centralized exchanges, market makers, etc., and 2% to M3M3 stakers. Of the remaining portion, 18% is allocated to the team with a 6-year linear vesting, and 34% is allocated to the Meteora reserve, also with a linear vesting of 6 years.
Meteora has launched a Liquidity Distributor to distribute airdrops in the form of liquidity positions, rather than through traditional direct claims. Users can earn trading fee rewards without selling their tokens by broadly "selling" liquidity airdrops. Of the 48% circulating supply at TGE, 10% will be distributed through the Liquidity Distributor, and users can choose to participate at TGE. This mechanism helps Meteora to initiate MET liquidity without the need for the team to provide tokens, while the community provides liquidity and earns trading fee rewards.