METMeteora (MET) Price

1.Project introduction

Meteora is a decentralized exchange built on the Solana blockchain that provides secure, sustainable, and composable liquidity infrastructure. It features innovative products such as Dynamic Liquidity Market Making (DLMM) Pools, Dynamic Automated Market Maker (DAMM) Pools, Dynamic Bonding Curves (DBC), and Dynamic Vaults to enhance liquidity efficiency and maximize yield. Meteora supports liquidity providers, launchpads, and token launches, aiming to create a vibrant DeFi ecosystem and establish Solana as a premier trading hub.

2.Team introduction

Zhen Hoe Yong - Co-founder & Project Leader

Overall development and strategic direction of Meteora emphasizing transparency and sustainable innovation.

TRAV - CTO

Developer of Uniswap v3 and Curve; led design of Meteora’s DLMM and dynamic fee mechanism.

ROOK - COO

Former investment banker and hedge fund manager; responsible for business development strategic partnerships and ecosystem integration.

3.Investment institution

DeFiance Capital, imToken Ventures, Signum Capital, Sino Global Capital, GBV Capital, Gate.io Ventures, Coin98 Ventures, Hyperchain Capital 等

4.Token application and distribution

Token application

The $MET token functions as both a governance and utility token within Meteora, allowing holders to participate in protocol governance, earn staking rewards, receive fee discounts, and access new liquidity pools. It also incentivizes liquidity providers and partners through rewards and discounts, encouraging active ecosystem participation.

Token distribution

Mercurial Stakeholders: 15%

Mercurial Reserve: 5%

LP Stimulus Plan: 15%

Launchpads & Launchpool Ecosystem: 3%

Off-Chain Contributions: 2%

Jupiter Stakers: 3%

CEX & MM: 3%

M3M3 Stakeholders: 2%

Team: 18%

Meteora Ecosystem Reserve: 34%