Meteora Announces MET Token Economics: 48% of Supply Will Be Circulating at TGE

According to Mars Finance, on October 8th, Meteora, the Solana ecosystem liquidity protocol, officially announced its MET token economics, with 48% of the total supply slated for circulation at the TGE. According to Meteora's plan, 20% of tokens will be distributed to Mercurial stakers, 15% to Meteora users (through the LP incentive program), 3% to the Launchpads and Launchpool ecosystem, 2% to off-chain contributors, 3% to the Jupiter staking incentive program, 3% to centralized exchanges and market makers, and 2% to M3M3 stakers. Of the remaining tokens, 18% will be allocated to the team with a six-year linear vesting, and 34% will be allocated to the Meteora Reserve, also with a six-year linear vesting. Meteora has launched the Liquidity Distributor, which distributes airdrops in the form of liquidity positions, rather than traditional direct claims. Users can earn trading fee income without having to sell tokens, instead "selling" airdrops through a large-scale liquidity pool. Of the 48% circulating supply during the TGE, 10% will be distributed through the Liquidity Distributor, which users can choose to participate in. This mechanism allows Meteora to initiate MET liquidity without requiring the team to contribute tokens, while allowing the community to provide liquidity and earn transaction fees.