The post Meteora shares two proposals on MET token allocation appeared on BitcoinEthereumNews.com.

Meteora, the popular decentralized exchange on Solana, has put forward two proposals for adjusting MET token allocation. According to Meteora’s Mar. 20 post on X, these changes aim to make liquidity provider rewards fairer, support new token launches, and secure long-term incentives for the team. The first proposal suggests revising the LP Stimulus Plan. Originally, 10% of the MET supply was set aside to reward liquidity providers, but since the program has been running longer than its expected December 2024 end date, Meteora wants to increase this to 15%. This adjustment ensures that early and new LPs receive rewards without devaluing tokens.  The first two proposals are live on https://t.co/OeTKWfH27W. These proposals address key community concerns about the LP Stimulus Plan, M3M3 and more. Watch the community call to see @0xSoju & @0xmiir go through these proposals live. — Meteora (@MeteoraAG) March 20, 2025 Early contributors will receive 2% of MET under the updated plan, while all LPs will receive 8% equally. The original points multiplier system has been replaced by this. An extra 3% of MET will go to Launch Pools and Launch Pads in order to avoid reward dilution for retail LPs. The second proposal focuses on the team. Meteora plans to allocate 20% of the MET supply to its team, with a six-year vesting period to maintain long-term commitment. Within this, 2% will go to M3M3 token holders. M3M3 is Meteora’s stake-to-earn platform, which lets users earn fee rewards from permanently locked liquidity pools. This move follows the mismanagement of M3M3 by its original creators, which led to investor losses. To maintain fairness, the distribution will be based on two snapshots and wallets connected to questionable activity will be blocked. Meteora has experienced rapid growth in the past few months. According to DeFiLlama data, the platform’s trading…

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Filed under: News - @ March 21, 2025 11:29 pm