Meteora Buys Back 2.3% of MET Tokens with $10M USDC

The Solana-based liquidity protocol plans ongoing autonomous buybacks and introduces its Comet Points reward program to incentivize participation.

SOL

USDC

90d ago

Summary

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Terms & Concepts

USDC: A U.S. dollar-pegged stablecoin issued by Circle, used for quick and stable digital transactions.
Liquidity protocol: A decentralized platform that facilitates asset trading and lending by providing pooled liquidity from users.
Comet Points: A reward system launched by Meteora to incentivize user engagement and participation.