Here you can see a major shift happening in crypto.
One of the biggest tokens/teams on Solana ( $MET ) is considering the DRP standard by @LaunchOnSoar = actual ownership.
Instead of a token with irregular buybacks or governance (which doesn’t make sense in the first place but
Soju 燒酒 | Meteora
@0xSoju
01-04
For @MeteoraAG, it's simple & clear.
There is no equity, there is only the token. We didn't make a single $ off the token, but are willing to spend ($12.2M~) to date to buy back 2.9% of supply.
We will use revenues to run the company, grow the company, or buyback tokens based
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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