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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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The Meteora team has released a governance proposal related to MET: the LP share will be increased from 10% to 15%, and the team tokens will be locked up for 6 years.
Odaily News Meteora team released two governance proposals regarding MET Token in the governance forum. The first governance proposal content is: to increase the token reward share for liquidity providers (LP) from 10% of the total supply to 15%; in addition, an extra 3% of the total supply will be provided for participants in Launch Pools and Launch Pads. The second governance draft states: It is proposed to allocate 20% of the total supply of tokens to the team, locked for 6 years; in addition, 2% will be taken from the team's share to be allocated to M3M3 stakeholders.