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

Meteora, the Solana ecosystem liquidity protocol, announced its MET token economics, with 48% of the total supply circulated at the TGE. According to Meteora's plan, 20% of tokens will be distributed to Mercurial stakers, 15% to Meteora users (via 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, market makers, and 2% to M3M3 stakers. Of the remaining tokens, 18% will be allocated to the team, with a linear vesting period of 6 years, and 34% will be allocated to the Meteora Reserve, also with a linear vesting period of 6 years. 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" the airdrops through widespread liquidity. Of the 48% circulating supply during the TGE, 10% will be distributed through the Liquidity Distributor, which users can choose to participate in during the TGE. This mechanism allows Meteora to launch MET liquidity without requiring the team to contribute tokens, while allowing the community to provide liquidity and earn trading fees.