Meteora shares two proposals on MET token allocation

Meteora, the decentralized popular exchange on Solana, presented two proposals to adjust the allocation of the MET tokens.

According to the post of March 20 of Meteora on X, these changes aim to make the rewards of the liquidity supplier more equitable, to support the new launches of tokens and to obtain long -term incentives for the team. The first proposal suggests revising the LP stimulus plan.

Originally, 10% of the MET offer was reserved for suppliers of liquidity of reward, but as the program worked longer than the scheduled end date of December 2024, Meteora wants to increase this to 15%. This adjustment ensures that the first and new LPs receive rewards without devaluing the tokens.

The first contributors will receive 2% of the METs as part of the updated plan, while all LP will also receive 8%. The original points multiplier system has been replaced by this. An additional 3% of MET will launch pools and launch ramps in order to avoid dilution of award for retail LP.

The second proposal focuses on the team. Meteora plans to allocate 20% of the offer puts to his team, with a six -year acquisition period to maintain a long -term commitment. In this area, 2% will go to M3M3 tokens holders. M3M3 is Meteora’s participation platform, which allows users to obtain rewards for liquidity pools that are permanently locked.

This decision follows the mismanagement of M3M3 by its original creators, which led to the losses of investors. To maintain equity, the distribution will be based on two snapshots and wallets connected to the dubious activity will be blocked.

Meteora has experienced rapid growth in recent months. According to Defillama dataThe platform’s negotiation volume jumped 33 times, going from $ 990 million in December 2024 to $ 33 billion in January 2025.

Due to its rapid growth, Meteora now has a market share of 9% and is classified fourth among Dex by volume exchange. While the wider Dex market was slowdown, Meteora collected $ 195 million in monthly fees in February.

Despite his achievements, Meteora is currently faced with legal problems that may have an impact on her future. Burwick Law, a New York law firm, laid A collective recourse against meteors, the Kip and Kelers protocol venturing on March 13. According to the trial, they fraud Retail merchants and misleads investors by manipulating liquidity when launching the token balance.