Meteora AG Unveils MET Tokenomics With 48% Supply at TGE
Meteora revises its MET tokenomics, reducing Mercurial stakers’ allocation to 15% and introducing a Mercurial Reserve, which will be counted towards circulating supply but not released at TGE.
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Fact Check
The statement is strongly supported by recent evidence. Source 5 (CryptoDep on X) and Source 9 (Cryptopolitan) both report that Meteora recently unveiled its MET tokenomics. Source 5 explicitly states, 'At TGE, Meteora will have a 100% unlock for every stakeholder (48% of the total supply)'. Older sources indicating that the tokenomics were unclear are now outdated. While one source mentions a '20%' figure, it is less specific and likely refers to a portion of the total TGE allocation, not the entire amount.
Summary
Meteora has updated its MET tokenomics, reducing the allocation for Mercurial stakers from 20% to 15%, with 5% now set aside for the Mercurial Reserve. The reserve will count towards the circulating supply but will not be released at the Token Generation Event (TGE). The update adjusts the previous statement that 48% of the total MET supply would circulate at TGE, with further details about the reserve and staker distributions provided.
Terms & Concepts
- Tokenomics: The economic model and distribution strategy underpinning a cryptocurrency, defining incentives, supply, and utility.
- TGE (Token Generation Event): The initial launch event where a new cryptocurrency's tokens are created and distributed to participants.