[DRAFT] Amendments to LP Stimulus Plan

Proposals
44

What I’m curious is, how far would be the MET TGE because there is only 3% of difference between the two snapshots YET one is like 2 years long and the other one is still ongoing (and only been 2 months so far), so unless the TGE is in at least a year, I don’t see why it would be so high. My understanding was the 5% bonus was an apology for overextending the LP Stimulus Pack and not providing a reason to extend the duration of it even further to dilute it with new users who arrived when Meteora already made it.

I would maybe do it like 9% and 3.5% to make it fair. And add the 0.5% to the flat one.

Love the flat (fixed) idea for the long liquidity providers. Maybe extend to June until end of March ? Because in Summer only a few people are active on crypto.

Overall I just feel like the % allocated looks a bit too heavy on the 2025 part and it’s been only 2 months…

1 Like
45

disagree. The 10% allocation for 2024 was announced, and it has no connection to 2025. The repeatedly delayed TGE (Token Generation Event), coupled with the added 5% for 2025, harms the interests and feelings of early users. I support adopting appropriate tiered allocations, which would benefit new users and retail investors in 2025. Too many studios and professional airdrop hunters are complaining about the gap between the 2024 and 2025 allocations. They are insatiable, and making concessions for these people is unreasonable and will only hurt genuine supporters. To reiterate, the 10% allocation for 2024 was a promised announcement, and over a year has passed. If someone didn’t participate, they must take responsibility. Stop begging for these airdrop hunters.

6 Likes
46

25年的 新人就不是人么 25年做LP的 风险还更大 无偿损失 卖飞多少了 被这样区别对待

47

why do we need tier based if there is already 2% of met fixed aka base reward.
that hybrid is good the only thing what need to be done is to make high cap for whales during linear distribution so make sure they don’t get 90% of allocation.

48

I support expanding the 2% flat airdrop to include small users in 2024 and 2025, which can reward smaller participants. However, I believe this should include a minimum fee threshold (e.g., several hundred USD, which is reasonable for regular users).

I oppose changing the 5% or 8% allocation from linear to tiered distribution for the following reasons:

Whale users face greater market-making difficulty and higher risks. They pay more protocol fees, experience larger slippage, and bear the highest market-making risks. With tiered distribution, a single wallet with 2M in fees might receive less than someone with 100 wallets each having 5K in fees.

For small users, the 2% tiered distribution already provides significantly higher returns compared to whale users (per unit of fee, their returns could be dozens of times higher than whale users’). Given their lower investment and risk exposure, this is already an excellent return. Further increasing their returns (e.g., 1000 USD in fees yielding thousands of USD worth of $MET) would make TGE a feast for sybil farmers.

Users in 2025 already have a much smaller share (calculated to be over 3 times lower than 2024’s value per fee). If the 5% portion is also tiered, it would be devastating for new whale users who participate in 2025. These whale LP users in 2025 have already suffered significant losses due to LIBRA, and their airdrop returns might even be lower than the 5% protocol fees they paid, which is extremely unfair.

To be realistic, we know every user is greedy and wants more. Reducing whale subsidies to benefit small users is correct and necessary. However, killing the whales (through tiered distribution) to let small users and sybil farmers feast on them is extremely wrong. For professional, high-threshold projects like Meteora, whales are the trunk while small users are the leaves. The leaves need the trunk for nutrients, but we shouldn’t kill the trunk.

My suggestion is to remove extreme values, maintain linear distribution, and set a maximum allocation per wallet (e.g., around 3M in fees - this threshold can be adjusted based on institutional user patterns). The remaining shares from these whale wallets should be added to the expanded 2% flat airdrop. This would dilute some extreme whale shares to benefit all users, giving small users the highest return ratio while treating Meteora’s core users (those with fees between 100K and 3M) fairly.

3 Likes
49

Feelings might deceive you, but data won’t.
The apparent difference in allocation ratio between snapshots is only 3%, but that’s just on the surface.
The actual data shows that the fees generated in these months of 2025 are multiple times higher than those generated in 2024 (you can verify this by crawling on-chain data). Under the current distribution plan, 1 fee in 2025 is actually worth multiple times less than 1 fee in 2024.
With your suggested distribution method, the airdrop value received by 2025 users could likely be lower than the 5% protocol fees they paid, which is incomprehensible.

1 Like
50

So tell me @soju I started only in 2025 and have been Lping everyday spending between 5k-10k every week how is this fair for us?

What you proposing is people that started in 2025 people will get peanuts compared to 2024!

We are taking much risk Lping in 2025 rather than 2024 that was much easier so reconsider your proposal again and make it more fair for people that started this year.

51

But clearly, linearity is necessary, so many people nowadays just make X wallets to farm an airdrop and hoping it would be tiered.
So either linear OR tiered but higher minimum cap to be eligible maybe OR kyc (but that’s a bit meh)?

52

What I propose is @soju

2024 Users 7%
2025 Users 6%

And you make everybody happy with this the only thing that you would need to think is if its better Linear or Tier.

53

Clearly not fair for people who’s been here for 2 years vs you been here for 2 months.
There is already a 3% allocation for launchpad like TRUMP for new users.

54

Someone suggested
Prioritize the actual fee amount. Alternatively, implement a tiered linear model:
Below 1 WU → 1.0x multiplier
1 WU – 10 WU → 0.9x multiplier
10 WU – 100 WU → 0.8x multiplier
Above 100 WU → 0.7x multiplier
This approach provides a structured multiplier for different tiers.

55

For this that we mentioned, we are currently thinking of two criterias.

  • Users who used DLMM before January 31st 2024, during the Beta Period (date to be changed)
  • Users who interacted with DLMM consistently over a 6 months+ window.

We need to hear more ideas for super passionate but retail users to be rewarded, so feel free to share with us more thoughts on who should receive part of this airdrop. It should be completely transparent and verifiable on-chain, with sybils removed.

2 Likes
56

Regarding the threshold criteria for the 2% airdrop, judging solely by months of interaction time and transaction count is unreliable.
For professional sybil farmers, maintaining long-term scheduled interactions and high transaction counts for each “crop” is a fundamental requirement - they treat every project this way.
Conversely, regular users might not pay particular attention to interaction periods and transaction numbers, potentially leading to their unfair exclusion.
Through on-chain data analysis, I’ve discovered that numerous addresses (showing characteristics of farming operations) have already been batch farming throughout 2024. Theoretically, it’s impossible to completely filter out these addresses as they can achieve isolated funding sources and behavioral patterns for each wallet.
We have witnessed the professional expertise of these sybil farmers across numerous projects.
My suggestion is linear distribution, but if tiered airdrops are necessary, then raise the minimum fee threshold.
The most distinctive characteristic of farming operations is small amounts over long periods. If the threshold is set as low as 200 USD in fees, it will inevitably result in a catastrophic feast for sybil farmers.
There’s too much noise right now, but loud voices don’t necessarily represent truth. Sybil farmers often operate numerous Discord accounts and continuously generate noise to promote their interests.
I hope you can maintain your original vision, filter out the noise, and treat your genuine users well.
DLMM requires certain thresholds - Meteora’s growth depends on its core users, not on sybil farmers and candy hunters with just tens of dollars in fees

2 Likes
57

Was thinking maybe a socialFi allocation. (in these 2% flat or besides).
I know we are many who made like a website guide (in English or Turkish or Spanish, etc.) (I did one in Japanese language myself), regularly posted guides on twitter ,video tutorials, bootcamp lives, who made real tools (I’m thinking of Starseed, Cleopatra, solDecoder, etc.). I hope all these socialFi actions would be taken into account at some point.

Same for the discord role.

1 Like
58

Wow the meteora team is going to have some hard decisions to make…but at the end of the day, no matter what, they will not & cannot please everyone

A lot of good points have been brought up in the discussion IMO

I have seen a lot of outrage at TGEs when there are no caps for whales, but I also agree with the analogy that someone brought up about whales and heavier LPers being the trunk of the tree, while smaller players are the leaves. Leaves don’t thrive unless the trunk is healthy

Good points about the 8% vs 5% just being a surface level difference of 3%, but it could be much more than just that under the hood with all things considered at the end of the day. This in itself could already be the reward for those early to meteora.

Also, can we really use hindsight to compare the risk of LPing in 2024 vs 2025? The game has changed but its always been said to not LP with what you cannot afford to lose

I liked the point that someone brought up that 2024 should be treated as a season 1 with what Ben originally outlined as the rules, and 2025 should be a season 2 with whatever new rules the team wants to implement going forwards. I want to add that, IMO, any timebased measures should only serve to be some kind of multiplier but should not disqualify anyone from receiving a drop…you could LP for one day and earn $1000 in fees….fees earned are fees earned.

If it is really about awarding the most loyal LPers, length of time LPing while factoring who is STILL currently LPing…those are likely your most loyal LPers who will continue to use your product post TGE. Everybody entered crypto at different times and found out about meteora at different times in their journey. Should not discount the loyalty of a user if they weren’t around in 2023 but have been LPing hard since they joined and are still currently doing so

For any tiered system….removing sybils will be super important to combat the farmoors who opened up many wallets to game a tiered drop. Is KYC the only way to combat this?

3 Likes
59

Very positive changes. Regarding M3M3 holders it’s very important for M3M3 holders and stakers, that a snapshot is taken from Meteora before the token collapse, when everything started to fail for that token (around February 15-17, 2025).

I thought I read that in addition to March 13, one of the snapshots would be on February 17. Is this correct?

This would reward stakers and holders who not only hold the token now, but also trusted the project and remained steadfast until the price collapse.

Please, is it possible to confirm if a snapshot from February 17th will be taken?

Thank you.

1 Like
60

The 2% allocation should also consider users providing LP on Kamino. Since the LP farming reward ‘met point’ activity started in February 2024, there has been no channel to check the points accumulated for this. Please, team, don’t forget these early loyal users. I agree with appropriately limiting the allocation for the largest whales and adding it to this 2%. This would make the entire token allocation more reasonable. Use JUP to triple stack rewards — bonus tokens + MET points + Kamino points! | by Meteora | Medium

61

As what Ben Chow initially said in the LP Stimulus Plan, there was a point multiplier for those who joined until April(before may). It would be better if the criteria be revised to ‘Users who used DLMM before May 1st 2024’

62

Strongly agree with Gie. The 10% allocation was for 2024 only

2 Likes
63

Dynamic Airdrop Based on Contribution & Time-Based Participation

Instead of a fixed airdrop where whales dominate or new users feel left out, we use a hybrid system that adjusts rewards dynamically based on both past contributions and ongoing participation.

Retroactive Rewards for early participants

  • Users who contributed before a cutoff date (e.g., staking, providing liquidity, community participation) get a base airdrop.
  • Weighted based on contribution size & duration

This will ensure OGs still get rewarded fairly.
New Users still have chance to earn without unfairly jumping ahead while engaging actively
Lastly avoid whales absorbing everything.

and based on the percentage of
8% in 2024
5% in 2025
2% stretch from 2024 - 2025

or this i think its still rather fair