BlockBeats News, March 14th, according to Meteora's community livestream yesterday, the team announced that they will distribute 2% of the protocol token MET to meme coin M3M3 token holders, stakers, and liquidity providers. The snapshot was taken 12 hours ago.
Furthermore, the team did not disclose the specific TGE (Token Generation Event) time but suggested that the initial circulating supply of the protocol token be set at 35-40%, with the current distribution being 18% team, 15% LP (Liquidity Pool), 3% Launchpad. During the team's livestream, they proposed to cancel the traditional unlocking schedule, oppose the "low circulation + high FDV" model, and advocate for immediate unlocking of a portion of the tokens for the team and investors at TGE.
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