The MetaDAO community has initiated a proposal to "Sell up to 2 million META at Market Price or a Premium."

BlockBeats News, October 16, the Solana ecosystem governance project MetaDAO community released a proposal to "sell up to 2 million META at market price or a premium."

The proposal includes Proph3t representing MetaDAO to sell up to 2 million META at market price or a premium, with this portion of tokens being newly minted tokens. There will be a 30-day period to complete the sale, and the USDC proceeds from the sale will be deposited into the MetaDAO treasury, with unsold META being burned. All transactions will be publicly disclosed within 24 hours, including counterparties, transaction size, and execution price.