Meteora shares two proposals for the distribution of MET tokens

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ChainCatcher News: Meteora, a Solana-based decentralized exchange, announced on the X platform that it has now released two proposals for the MET token.

The first proposal, titled "LP Stimulus Package," aims to increase the MET allocation for liquidity providers from 10% to 15%.

The second proposal proposes to allocate 20% of the MET supply to the team as part of a long-term incentive structure, which will vest over a 6-year period at TGE; In addition, 2% of the team's 20% MET quota will be distributed to M3M3 stakeholders (i.e., M3M3 holders and M3M3 stakeholders) after 1 year cliff or 1 year after TGE, with a commitment to exclude M3M3 bad actors from this allocation.

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