PANews March 21 news, the decentralized exchange Meteora based on Solana announced on platform X that it has currently released two proposals for the MET Token. The first proposal is named "LP Incentive Program", aimed at increasing 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, with this allocation vesting over 6 years from the TGE; additionally, 2% of the team's 20% MET allocation will be set aside for M3M3 stakeholders (i.e., M3M3 holders and M3M3 equity holders), with this allocation occurring after a 1-year cliff or one year after the TGE, and it is committed to excluding M3M3 bad actors from this allocation.
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Feige198
· 03-21 01:05
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Meteora shares two proposals regarding the distribution of MET Token.
PANews March 21 news, the decentralized exchange Meteora based on Solana announced on platform X that it has currently released two proposals for the MET Token. The first proposal is named "LP Incentive Program", aimed at increasing 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, with this allocation vesting over 6 years from the TGE; additionally, 2% of the team's 20% MET allocation will be set aside for M3M3 stakeholders (i.e., M3M3 holders and M3M3 equity holders), with this allocation occurring after a 1-year cliff or one year after the TGE, and it is committed to excluding M3M3 bad actors from this allocation.