The Solana ecosystem DeFi project Mercurial will be renamed Meteora and undergo a token reset
ChainCatcher news, the Solana ecosystem DeFi project Mercurial will be renamed to Meteora and will reset with the Meteora token to replace its MER token. MER holders will receive the new token product of Meteora. It is reported that out of a total supply of 100 million Meteora tokens, 20% will be in circulation and fully liquid, while 80% will be managed by the DAO, aiming to spark user interest, build market confidence, and distance itself from FTX and Alameda. (source link)
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