MET Tokenomics update 13 Oct (MER holder)

[philtheteethman]

@soju any response to this?

I had already posted about this issue here:

Meteora Must Acknowledge and Value Original MER Stakeholders

Hey Phil, first up I would like to say that I appreciate and understand everything you’re saying here. But I would like to follow-up and say that the MER stakeholders are super important to us, and that their success is predicated on $MET’s success. If we look deeply at Meteora and what brings it value, it is the cool technology leveraged by a passionate retail LP Army. If there is no LP Army, MET has no or minimal value. After the events of the last 3 months, it became obvious that the W th…

And then you let noise persuade the team to reduce the MER supply. This was a poor move from a top protocol.
Gave yappers that posted a couple tweets, with barely any followers, 10K MET allocations.
https://x.com/FourVork/status/1978904755960152348

Saw multiple 1M+ allocations from farmers.
https://x.com/SolanaPrincess/status/1978796855006748978

Yet an OG who believed in the team early, put 5 figure’s into MER in early 2022 and held, had 6 figure positions on Mercurial, and yes I used Meteora too. Yet my MER allocation is only slightly (2.7x) higher than the allocation someone with 200 followers get for two tweets!

Disappointment is an understatement.