Gmet,
Now that everyone has had the chance to share their thoughts, I’d be curious to hear @soju’s or another team member’s perspective.
- Has a final decision been made?
- Is there a timeline in place?
- What are the next steps?
Thanks in advance!
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Your proposal seemed to be the most fair to me Tuuxxdotsol. Thank you for sharing.
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Dear team, I wanted to sincerely ask if the official points system will be able to go live this month as planned? There haven’t been any updates lately, which makes me a bit worried about another potential delay. I see that the team is actively building the launch platform, and I understand its importance. However, I’ve also observed that the success of the Pump platform is largely attributed to its fair launch model and the support of strong financial backers and market makers.
We really should strive to avoid repeating incidents like M3M3 and Libra, and instead genuinely focus on creating a product that the community needs – one that is fair, open, and transparent. To be frank, does our current product design thinking lean more towards the perspective of the token-issuing projects, perhaps overlooking the genuine small retail investors? Because of this, many retail investors feel like they’re being ‘rugged,’ so they prefer trading new coins on Pump, which at least appears more open and transparent.
Here, I’d especially like to emphasize one point: Meteora absolutely must not endorse any launch platform. This poses a significant potential risk to our brand’s reputation.
Finally, I want to reiterate that the launch of the new MET token is the top priority right now. This isn’t just a promise, it’s our responsibility and a crucial part of our future strategy. We’ve delayed for too long, and the community has waited for too long. I sincerely hope everything goes smoothly. Perhaps there’s no perfect timing; now is the best time.
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I support this. Rewarding early users more
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I like it since it prioritizes the early adopters and the people who were here from the start. I do wonder how the bots that just literally farm it for fees/points come into the equation as well as copy traders in general? I know some automations/tools simple follow rules like auto rebalance/TP/SL but there are ones that just follow the volume to generate fees hands free which kinda leaves a sour note to me.
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For me, wallets with 1-4 pairs and high fees, should not be eligible
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Literally my thoughts on the matter right there. And I definitely didn’t use Meteora to farm. I used it as early as January 2024 because I wanted it to succeed. I wanted it to overtake Raydium and Orca. The team kept building and making it more fun. I loved looking at curves and experimenting with fee/bin structure. If you were providing liquidity somewhere else that whole time… why? Why weren’t you here? Spiffy to see Meteora at the top on daily fees.
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Seems fair to me. Do wonder how the legal proceedings regarding the M3 launch and ‘max extraction’ tactics or whatever it is/was for other associated coin launches will play out going forward (or maybe already resolved, personally don’t have time to follow/research these type of things but have enjoyed participating in Meteora LP’s of various iterations as the protocol has evolved fwiw), will continue to support/invest and hope for the best - win, lose and/or learn something lol.
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Lets print, I think its ok how it is…20% to MER holder is a bit much