Meteora Update on MET Tokenomics: Splitting 20% of Mercurial Stakers' Token Share

BlockBeats News, October 14th, Solana ecosystem liquidity protocol Meteora has updated the MET tokenomics, where the 20% allocation to Mercurial stakers has been split as follows: 15% allocated to Mercurial staking holders, and 5% allocated to the Mercurial Reserve. The Mercurial Reserve will be included in the circulating supply but will not be released at TGE.

Previously, according to official sources, Meteora revealed the MET tokenomics, where 48% of the total supply will be circulating at TGE. As per Meteora's plan, 20% of the tokens will be allocated to Mercurial stakers, 15% to Meteora users (via LP incentive programs), 3% to Launchpads and Launchpool ecosystem, 2% to off-chain contributors, 3% to Jupiter staking incentives, 3% to centralized exchanges, market makers, etc., and 2% to M3M3 stakers. In the remaining allocation, 18% will go to the team with a 6-year linear vesting, 34% to the Meteora Reserve, also linearly vested over 6 years.