40% circ. supply?

Proposals
1

Summary
I’d like to raise the following question. According to the official proposal threads—for example:

it looks as though more than 40 % of MET tokens will be freely circulating at the time of the TGE. Isn’t that a bit high for maintaining the token’s value? On top of that, 20 % of the circulating supply will be held by $MER holders.

Has the team considered how to mitigate selling pressure in the first few weeks? Are there planned utilities or incentives that would encourage $MER holders to keep, rather than sell, their MET?

For comparison, Jupiter launched with only about a 15 % circulating supply.

1 Like
2

Thanks for making this proposal!

I am cooking a very cool TGE plan, with the following goals:

  1. Showcase the power of Meteora to everyone at launch
  2. Balance Utility & Liquidity for all traders and participants.

I can’t say much more other than wait for the TGE Mechanism, I think you guys will like it.

But one last note: Sellers will sell. I wouldnt say that the MER holders are “bad”, they got us to where we are today same as the LP army in the LP Stimulus Plan.

My ideal $MET launch is one that:

  • launches in a way that showcases the power of Meteora to all airdrop reciptents and participants
  • Allow for tokens to go from weak hands to strong hands
  • clear out as much overhang from the past (MER, wen TGE)

and allow us to build a good future together.

Let’s do this.

3 Likes
3

i would like to seek more clarity on this as well

to my understanding, the breakdown is as follows (i know numbers aren’t concrete)

15% stimulus plan…this is what gets dropped to community
20% for Liquidity rewards reserve
5% for TGE reserve

40% circulating at TGE (but is it all really circulating if 20% is kept for future rewards…not being distributed yet as it’ll be sitting somewhere not being traded)

on top of that, i’ve read

(3% Separate allocation for Launch Pools and Launch Pads…I’d think this would be a part of TGE which makes TGE circulating supply 43%??)

sooooo does that make TGE 43%??

20% to team treasury over 6 years (18% as 2% is going to m3m3) - unlocking uniformly after every year

20% to MER holders?

totals 83% - breakdown/tokenomics may not even really be a point of discussion until numbers are finalized lol

I think my main question that im seeking more clarity on still is:

40% circulating at TGE (but is it all really circulating if 20% is kept for future rewards…not being distributed yet as it’ll be sitting somewhere not being traded), as is it actually 43% of there is a separate 3% for launchpads etc

1 Like
4

LP Plan : 15%
MER holders : 20 %
Liquidity &MM: 5%
On Tge looks like

1 Like
5

is this confirmed ..?

6

I understand your concern about the 40% supply but interm of 20% of mer holders is like the whole %20 is vested not at once.

7

If it is still happening, I would think it’s vested, or else it would need to be added on top of the 40% circulating at TGE?

8

If it’s added that means 40% plus another 20% at TGE almost 60% of total supply at TG, it will be diluted.

1 Like
9

It would only be counted if it’s fully unlocked at TGE

For example, the team has 20% allo but because it’s not unlocked at TGE, it’s not counted as part of the 40% :slight_smile:

1 Like