Creating a new thread regarding MET ideas and Meteora governance because so much has changed in the past year and a half since we tried to start “The Best DAO in Crypto”. The thread is related to the Post TGE Ideas thread, but this space allows for thoughts about prior to TGE as well.
A proposal may come out of the ideas expressed here, but it might just be a place to share fresh thinking with the Team and Community.
A lot of work has happened since the leadership change last winter, and the team has done a lot of heavy lifting to keep Meteora pushing ahead. Thank you for the leadership! Here is a summary, without getting into all the details:
3LP Strategy - Focus the business on Liquidity Providers, Launch Pools and Launch Pads
Support and expand the LP Army, going global with communities, lparmy.com, and Boot Camp
Expand and fund “Units” like the Rising Incubator, Community Tooling, and Content Machine
In addition, we now have more clarity on MET token allocations and objectives. Here is the current summary based on what the team has shared and proposed:
20% Legacy Mercurial
15% Points stimulus (2023 10% boosted by 5% in 2025), as follows:
o Season 1: 8%
o Season 2: 5%
o Qualifying wallets across both seasons: 2%
20% Team (with a long lockup)
3% Launchpad Incentives
2% Acknowledgement of M3M3 grant
In addition to the 60% rough consensus above there is also a proposal to reserve an additional 20% for liquidity and 5% for market making at the time of MET’s launch. This proposal has not yet been fully vetted by the team and community, nor approved.
This is all the public information that I know of. Please post ideas and thoughts or feel free to link comments from other areas (such as under the post-TGE thread) so you don’t have to rewrite. If there are errors above please comment with corrections and I will update this introductory post to have the most accurate information.
Update (July 18, 2025): edited to reflect point seasons, announced July 17th
Moving beyond the shared understanding of the facts above, here are a few personal opinions:
Soon (as in well prior to TGE) the team should probably address or make a statement about revenue sharing with the 20% of legacy equity holders. Ideally any plan should be well articulated. Understanding MET’s role in the capital stack would go a long way to demonstrating its value.
FDV is dead: distributing MET widely is great, but keeping unallocated tokens on the balance sheet will not hurt a valuable company like Meteora. Institutions have arrived and they understand equity and the option value of holding back allocations for future acquisitions and growth. Market cap is back. Please don’t allocate 20% more for “liquidity reserves”. Note: having a firm, credible plan for revenues to equity holders (bullet 1) helps reduce concern about MET operations.
To the extent equity holders are not expected to get revenue sharing and are not going to be locked up, we should encourage them to become liquidity providers on Meteora. Incentives might include a higher percentage of fees generated in those pools. If they are long-term oriented still, they might even be interested in locking up some pairs so Meteora can avoid a portion of the 5% TGE liquidity allocation (reserve proposal).
It doesn’t seem like we have a viable plan for DAO voting yet. My opinion is that we should let the leadership team continue cooking as the crypto community continues iterating on what a functional DAO looks like before we do community governance. Competing with other centralized players like pump.fun who are about to have massive infusions of capital, without having a nimble operating team will harm our chances of success. Credibly decentralizing Meteora will be important eventually, but not at the moment.
Been thinking about these issues quite a bite lately, Please add your voice and criticisms.
I propose allocating 5% of MET tokens to the LP Army to reward their daily contributions and incentivize global community growth. This could reduce the need for the 5% TGE liquidity reserve, as dedicated LP Army members could lock up tokens in pools, enhancing liquidity. A clear revenue-sharing plan for legacy equity holders would further align incentives and strengthen Meteora’s ecosystem.
It’s a good Idea as well but how will team measures criteria to know the real LpArmy contributor in pre token generation event activities because I don’t really believe having discord role automatically make you a genuine Lparmy.
This is what the points program is for, right? We discussed it when the 10% stimulus plan was being discussed and decided to base community allocation on fees generated, since this aligns activity with Meteora growth and is harder to game.
I think the team wants contributions in specific areas to serve this purpose, rather than a general LP Army allocation. For example the content unit, tool builders, bootcamps and launchpads. That’s my read of it anyway - but you are right that the energy and community on discord channels and X are important (even if hard to quantify)
Like your thinking! Must be careful with giveaways too, as it creates a sour taste for anyone who thinks they were not treated “fairly”.
Could you design a curve with What's DBC? - Meteora Documentation that comes close to making your vision come true? Like specific anti-sniper rate limits along with an appropriate quote threshold?
I think in area of content reward, seems team got a plan like good cat of Jupiter experiment, meteora team already setup meteorites platform on twitter that is mainly for contributors in term of content writers.
I think aside rewrading lp army, lp army privates that have sticked around for a while should also be rewarded.. this is also a way to build the community by incentivizing them.