Meteora Announces MET Tokenomics: 48% of Supply to Circulate at TGE

Solana ecosystem liquidity protocol Meteora has announced the tokenomics for MET, with 48% of the total supply set to circulate at the time of the Token Generation Event (TGE). All allocated tokens will be liquid, requiring no vesting or inflation, making MET an investable asset without the need for continuous unlocking. The Meteora team has pledged not to sell any tokens during TGE, with only team tokens being locked. At TGE, all stakeholders will have 100% unlocked allocations: - Mercurial stakeholders will receive 20% of the allocation. - LP incentive programs will distribute 15% to Meteora users. - Launchpads and Launchpool ecosystems will account for 3% of the allocation. - Off-chain contributors will receive 2%. - Jupiter staker incentive programs will allocate 3%, aimed at a 10x expansion of core LP, sourced from TGE reserves. - 3% of MET will be designated for centralized exchanges, market makers, etc., forming the remaining portion of TGE reserves. - 2% of MET will be allocated to the M3M3 stakeholder package. Remaining allocations: - Team: 18%, with a 6-year linear vesting schedule. - Meteora reserves: 34%, with a 6-year linear vesting schedule. Expected inflation will stem from team unlocks and potential liquidity incentives from Meteora reserves. During TGE, 10% of circulating supply will be distributed via a liquidity allocator based on user preferences, allowing the community to provide liquidity and earn trading fees. Previously, Meteora announced that TGE will take place on October 23, with the token name MET.