Meteora: 2% of the protocol tokens will be allocated to M3M3 token stakeholders, and the initial circulation of MET is recommended to be 35-40%

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Blockbeats
13 hours ago
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According to the community live stream of Meteora yesterday, the team stated that they will allocate 2% of the protocol token MET to MEME coin M3M3 token holders, stakers, and liquidity providers. The snapshot was completed 12 hours ago.

Additionally, the team did not reveal the specific TGE time, but suggested that the initial circulating supply of the protocol token be set at 35-40%, with the current allocation being 18% for the team, 15% for LP, and 3% for Launchpad. The team's live stream proposed to cancel the traditional unlocking model, opposing "low circulation+high FDV", and advocating for the immediate unlocking of a portion of the tokens for the team and investors at the time of TGE.

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