Honest question:
Would it make more sense to incentivize with farms
$MET liquidity primarily through a stable pair (MET/USDC) rather than MET/SOL?
My concern lately has been SOL downside risk spilling over into Meteora LPs. Even if MET fundamentals stay unchanged, SOL volatility directly impacts LP performance and impermanent loss.
From a market-structure perspective, anchoring the main liquidity pool to USDC could:
• Reduce exposure to SOL-driven volatility
• Make MET pricing more predictable
• Improve capital efficiency for LPs who want MET exposure without directional SOL risk
Notably, the