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Meteora announced the MET token economic model, and the portion allocated to the community will be 100% unlocked at TGE.
Foresight News reports that the Solana liquidity management platform Meteora has announced the MET token economic model, which will have its TGE on October 23, at which time 100% of the tokens will be unlocked for stakeholders. According to the Meteora plan: 20% of MET is allocated to Mercurial stakeholders; 15% of MET is distributed to Meteora users through an LP incentive program; 2% of MET is allocated to off-chain contributors, those who contribute to the development of Meteora; 3% of MET is allocated to the Jupiter staking incentive program; 3% of MET is allocated to Centralized Exchanges, market makers, etc., with 2% of MET allocated to M3M3 stakeholders. Additionally, 18% of MET is allocated to the team, vesting linearly over 6 years. 34% of MET is allocated to the Meteora reserve, vesting linearly over 6 years.