Expectations for S2

Proposals
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This is a set of personal musings about how we executed the S1 points system, and potential adjustments for S2. None of this should be treated as an official announcement, but more of expectations management for subsequent seasons.

First off, let’s talk about S2 Basics

We’ve announced/confirmed that S2 will begin on July 1st, 2025, right after S1 has ended. This is also targeted to only cover DAMM V2 and DLMM, and not DAMM V1 and its variants.

DAMM V1 may seem like 1 product, but actually manifests in a variety of ways. LST pool, stable pool, multi-token pool, regular constant product pools, stake2earn pools, and many more.

This complexity is not vital to Meteora’s position as the premier tech platform for the LP Army, and will be phased out / simplified in the times to come. That’s why DAMM V1 is deprecated for S2 points.

Rest assured: Your TVL is still safe in DAMM V1.

On Prices & Calculations

In S1, we did a lot of tricks to try to minimize the points that go to the wrong users, and omit as much pump & dumps from our points checker. Read them all here.

In S2, we will likely keep everything that was iron-tight in preventing wrongful points there, such as Pool and Token based blacklisting.

But I have no doubt that people are looking to game the new rules, such as daily close candles. We will look into adjusting it as well to remove the over reliance on daily close prices.

Hopefully, this will also alleviate users’ concerns that the points are understated due to price volatility.

Next: Third Party Platforms

Our goal with the LP Stimulus Plan is to promote and push the education of people using our tools, and provide a stimulus package to them. We would like to focus on platforms that promote the education of our users.

In this sense, I am largely thinking of focusing on platforms that promote individuality, and encourage users to interact with Meteora and learn how to use it.

Platforms that directly use Meteora via your own wallet (not via PDAs) like LP Agent will continue to earn points.

Platforms that give you individualistic control over your positions, albeit via a PDA will continue to earn points.

Platforms that automate your strategies while commingling funds with other parties, offering a one size fits all solution (Like Kamino) will not earn points.

We may publish a final set of partners, but for now we’re winging this together. When in doubt, use a platform that works alongside you as you use Meteora directly, not one that abstracts Meteora away completely.

As we go from S1 to S2, the list of applicable partners might change.

Other notes:

  • We will not be supporting the marketing/distribution of third-party checkers, due to their inaccuracy in S1.
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Does this includes platform using bots to copy LP will not earn points as well?

Or this statement is limited to platforms commingling funds?

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Hi Soju, I’m Poseidon (can’t change my username anymore).
Just to briefly share my thoughts.

The mass farming of points is something inevitable, just like how the LP Army private role was mass-produced during training. If someone tries to abuse the points system, then just let them do it — there’s no need to warn the cheating users in advance (the team will still gain 5%-20% extra revenue).

I think the approach in Season 1 was good: the calculation method of points was only revealed after the points checker was launched. However, the Season 1 points statistics also had some issues — in the process of filtering out fake users, some genuine users were wrongly affected (for example, one of my wallets had 30K in fees but only got 200M points).

For Season 2, balance is needed in two aspects:

  1. Filter out fake and cheating users as much as possible.

  2. Minimize the misjudgment and harm to genuine users’ points.

How can we achieve such a balance? I have a few suggestions:

  1. Token quantity & price volatility — Huge token supplies and sharp price fluctuations might be one of the reasons for misjudgments in points. Not every meme can reach a very high market cap. I think we need to add some additional standards on top of Season 1’s rules to ensure the authenticity of points. For example: proportion of insider holdings, number of KOL buyers (a bit one-sided but closer to reality), etc.

  2. Whitelist of genuine users — From the Season 1 results, we can carefully select some real users who meet the standards and use them as a whitelist. This number can serve as a reference to reduce the chance of genuine LPs being flagged as cheaters, thereby reducing misjudgment.

  3. No early leaks of rules — Do not disclose any information about the points calculation standards before the Season 2 points checker is launched, and ensure the rules are somewhat different from Season 1.

  4. Bounty program — Encourage reporting. Set up a site or another channel where users can submit reports about suspicious LPs or cheaters at any time, and give certain rewards.

  5. Ongoing monitoring by the team — For LPs that reach a certain daily fee threshold (e.g. 20K fees, 50K fees, or others), there should be manual review. This can prevent abuse early on and also avoid piling up too much work later (like the current situation, where delays are caused because everything needs to be reviewed all at once).

  6. Other methods are still in my mind… this is just to grab a “real comment first-seat.” (Purely handwritten, not AI-generated :laughing:)

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I really like point 2.

Still devastated from the points loss of my 2024 wallets but if implemented , this could be very well the solution we need to filter genuine tokens from fake ones.

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Curious to hear what others think, and its also hard to tell if someone is copying or not.

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One of the main issue in season 1 point checker wrongly flagged real users wallet I hope with this new algorithm the same issue wouldn’t happen in season 2.

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we are discussing about S2 now

S2 is part of TGE …..?
If not

it can be discussed further after TGE

since more new users will be joined and many old users will leave after TGE

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if they hate making money, they would leave. hehe

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lol i was just thinking this.

Soju is forward thinking AF!

Good luck on TGE met team!

I really like the LP stimulus plan to reward the promoters and educators of meteora’s tools. To be transparent, I promote LP army content on twitter, but I don’t come up with any educational content as I am trying to figure it (LPing) out myself. No idea if I’ll even be rewarded for my actions, but that is beside the point.

I like the stimulus plan because LPing is a skill that can’t be learned overnight (easy to open a position, but a much higher difficulty to be profitable over time) so I am glad that there are many successful LPers out there that are willing to share their knowledge and strategies. The LP army is the most organic community I’ve found in my time in web3 as they were publishing content and teaching LPing before any incentivization either by the Meteora team or some kind of infofi campaign.

For me personally, I’m trying to learn how to use that good tech Meteora is providing to turn a profit, while earning points for future drop(s) is a bonus.

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Few understand this. I hope you can figure out your niche and print fees hard. I’m rooting for you sir :saluting_face:

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thanks potato!

im going to need to level up before attempting the heart attack strat hehe

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The primary distinction isn’t about automation per se, but about fund custody and user agency:

:white_check_mark: Bot copying that WOULD likely earn points:

  • User maintains custody of their own funds

  • User can override/stop the bot at any time

  • User learns from observing the strategies being copied

  • Each user has individual positions (not pooled)

:cross_mark: Bot copying that would NOT earn points:

  • Funds are pooled/commingled with other users

  • User has no visibility into or control over individual trades

  • “Set it and forget it” mentality with no educational component

The key test is: Does this platform help users understand and engage with Meteora’s tools, or does it abstract everything away?

A bot that copies successful LP strategies while keeping your funds separate and letting you learn from the trades aligns with meteora’s educational goals.

A bot that pools everyone’s money and makes opaque decisions doesn’t.

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Great insights on S2 direction. As someone building analytics tools in the Meteora ecosystem, a few observations:

On price manipulation prevention: The daily close gaming issue is real. From analyzing on-chain LP behavior, I’ve noticed genuine long-term LPs tend to focus on consistent strategy execution rather than timing market moves. Maybe S2 could weight position consistency + duration alongside TVL?

On the education vs abstraction distinction: This resonates strongly. The most successful LPs I’ve observed tend to actively analyze their positions - they understand which pools work for their risk tolerance, track their actual P&L, and adjust strategies based on data rather than just chasing highest APY.

Potential S2 enhancement: Consider rewarding demonstrated learning behavior - users who show they’re actually analyzing different strategies (through position adjustments, diversification patterns, etc.) rather than just “set and forget” approaches.

On third-party accuracy: The S1 checker issues make sense. The key difference might be data source transparency - tools that pull directly from official APIs vs those making assumptions. Clear data standards for any S2 partners could help avoid similar issues.

The focus on genuine education over point farming is exactly what will drive real adoption. Happy to contribute any insights from ecosystem analytics if helpful for S2 planning.

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airdrop farmers don’t risk money

they look for safer bets

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Two part question.

Stake2Earn, will it ever count towards points?

M3M3 Stimulus package, is this still happening? Can it be incorporated in S2 or S3?

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i dont think stake2earn counted towards anything nor has it been announced that it would count towards anything in the future

i believe the “stim pack” is still happening as per what they had originally proposed (they’d figure out who would be eligible from the two snapshots they had posted, then, the eligible would receive some $MET 1 year after TGE from the team’s share).

There is a decent sized thread from before that outlines their gameplan (probably dated march/april 2025)

I don’t necessarily agree with the 2 snapshots method from my point of view. Not much discussion about m3m3 has been had recently either. I’m just going off the info that was posted from before.

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Thank you for replying and catching me up on stuff.

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I appreciate the transparency, but I have some concerns about these S2 changes.
While I understand the goal of promoting education and direct engagement, completely excluding platforms like Kamino feels like throwing the baby out with the bathwater.
Here’s my perspective as someone who’s been in the ecosystem:

Accessibility matters - Not everyone has the time or technical knowledge to actively manage positions 24/7. Automated platforms democratize access to sophisticated strategies and bring in users who might never touch DeFi otherwise.
These platforms ARE educational - Many users (myself included) started with automated platforms and gradually learned to use Meteora directly. It’s a natural progression, not a replacement.
Volume contribution is real - Platforms like Kamino drive significant TVL and fees. Cutting them off seems counterproductive to ecosystem growth.

Some alternative approaches to consider:

Tiered system: Give automated platforms reduced points (0.5x) instead of zero
Educational requirements: Require users on these platforms to complete basic Meteora tutorials
Hybrid approach: Award points for both automated and direct usage, encouraging users to try both

My biggest concern: This feels like we’re prioritizing ideology over pragmatism. The crypto space is moving toward more sophisticated, automated solutions. Fighting that trend instead of embracing it might hurt Meteora’s competitive position.
I hope the team considers a more nuanced approach that rewards education without punishing users for choosing efficiency. We’re all here because we believe in the project - let’s not create unnecessary division in the community