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 thing for all stakeholders is to restore the reputation of Meteora, stop the bleed and stabilize the platform, community and value. This is what you perceived as “MER stakeholders to be last”. I think this is a very justifiable feeling, and we will do our best to impress you again.
The biggest reason we implemented the 18% for team was to provide for capacity to expand and grow Meteora over the next 6 years (thus the longer vest).
I dont agree that the LP army is transient or memecoin capital, they are the backbone of Meteora today.
I wasnt around during the MER days and I can’t give you the response and acknowledgement you deserve, but shall we hop on a call with Zen? My TG is Sojuuuu54, reach out andd let’s arrange a followup session