This proposal calls for the 20% MET token allocation to legacy MER holders to follow the same vesting schedule that governs the majority of the MET token supply. Nearly every other MET allocation—including team, ecosystem, and other funds—is locked and released gradually, not handed out all at once. Allowing MER’s allocation to bypass vesting would create an unfair exception and undermine the careful distribution model designed to protect the MET economy.
Background
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Current distribution plan:
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MER holders: 20% of total MET supply
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MET users & contributors: 15%
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Team & others: remainder
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Most MET allocations are already subject to vesting, including core-team and ecosystem funds.
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MER’s 20% is currently expected to be released immediately—without any vesting.
Rationale
1. Consistency & Fairness
The MET token model relies on gradual, vested distribution to avoid shocks to supply. Allowing MER’s 20% to unlock instantly would be the only major exception, breaking the principle of equal treatment and setting a poor precedent.
MER holders have also already received significant rewards through the earlier JUP airdrop. Applying the standard MET vesting schedule simply maintains fairness without denying them value.
2. Market Stability & Active Participation
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Current MET users are builders, traders, and liquidity providers. While some may sell, many reinvest their tokens into LPs or other ecosystem activities that strengthen the network.
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Many MER holders are also OG MET users. For these participants, vesting their MER allocation poses no hardship—they already hold MET and can sell part of that if they need liquidity.
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Purely inactive MER holders, on the other hand, are far more likely to exit immediately. Unvested distribution would magnify sell pressure and destabilize the token economy.
3. Long-Term Alignment
Vesting keeps all MER holders—especially those no longer active—aligned with MET’s future, ensuring the allocation supports the network rather than becoming a one-time windfall.
4. Match Community Expectations
The MET community has repeatedly supported gradual unlocks for every major allocation—team, ecosystem, and incentives. Granting MER holders an immediate unlock would break with this precedent and risk eroding trust among active contributors and long-term supporters.
Implementation
- Vesting Schedule: 3-year linear vesting with a 6-month cliff (specifics can be refined through community feedback).
Expected Benefits
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A consistent token-release policy across all stakeholders.
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Reduced launch volatility and sell pressure.
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Rewards and empowers today’s active MET contributors while still honoring OG participants.
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Reinforces community norms and strengthens long-term trust in MET governance.