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Meteora increases 25% MET for liquidity and TGE fund
Proposal for the Distribution of MET Token by Meteora in the Solana Ecosystem
On May 2nd, the liquidity platform of the Solana ecosystem, Meteora, proposed to allocate 25% of the total MET Token supply for liquidity rewards and TGE reserves. Of this, 20% will be reserved for liquidity incentives over the two years following the TGE event. At the same time, 5% will be allocated to the TGE reserve for liquidity provision, market making, and other purposes during the TGE process.
This proposal aims to optimize the efficiency of using MET TOKEN, promoting the sustainable development of the Solana ecosystem. This reflects a focus on supporting liquidity and increasing competitiveness in the cryptocurrency market. Note that this information is for market information purposes only and does not constitute investment advice.
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