Meteora, a liquidity protocol within the Solana ecosystem, has revised its MET token economics, redistributing the 20% initially allocated to Mercurial stakers. The new allocation designates 15% for Mercurial stakers and 5% for the Mercurial Reserve. While the Mercurial Reserve will be part of the circulating supply, it will not be released during the Token Generation Event (TGE). Previously, Meteora announced that 48% of the MET token supply would be circulated at the TGE.
Meteora Adjusts MET Token Allocation for Mercurial Stakers
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.