Meteora shares two proposals regarding the distribution of MET tokens
ChainCatcher message, based on Solana's decentralized exchange Meteora announced on the X platform that two proposals for the MET token have been released.
The first proposal is called "LP Incentive Program," which aims to increase the MET allocation for liquidity providers from 10% to 15%.
The second proposal suggests allocating 20% of the MET supply to the team as part of a long-term incentive structure, with this allocation vesting over 6 years from the TGE; additionally, 2% of the team's 20% MET allocation will be set aside for M3M3 stakeholders (i.e., M3M3 holders and M3M3 equity holders), with this allocation occurring after a 1-year cliff or one year after the TGE, and it is committed to excluding M3M3 bad actors from this allocation.
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