Hello MET Fam! A few engaged community members from the M3M3 staking community have discussed and put together a proposal to open a thoughtful and objective discussion on how to recognize M3M3 stakers within MET DAO.
I’ll be honest and say up front I have not submitted a MET proposal before, but I have thought through this deeply and worked with other members of the community to review and optimize it. I have also spent significant time researching available information to try and understand current plans and how they’ve evolved over time, in an attempt to ensure congruency and prove the strategic value of M3M3 to MET DAO as a whole. This is in no way perfect and will surely have some changes based on community discussion and consensus.
Context for Proposal
This proposal emphasizes that M3M3 is emerging as a powerful lead-generating engine, propelling Meteora toward its goal of becoming the top AMM/LP aggregator on Solana. By inviting new participants to Meteora through a straightforward staking mechanism that offers incentives such as ongoing fee rewards and airdrops, M3M3 attracts a high-quality and committed community. This community serves as a pipeline to grow the LP Army since many participants are engaging in LPing for the first time and contributing to the growth of the ecosystem. This represents a growth engine worth investing in and recognizing as a valuable part of MET DAO.
Community Participation/Discussion is Required:
This proposal requires your input and community discussion and is in no way final. I call on the M3M3 and MET community to review it, provide your thoughts, and confirm that the proposal and approach make sense in terms of purpose and process. We need consensus on the topics and a final form of this Proposal, as recognition is only the first step, while integration, process, and governance participation are more involved concepts that need to be well thought through. Please see below.
Current Form of the Proposal:
Proposal for the Recognition of M3M3 in MET DAO
1. Summary
This proposal seeks to solidify M3M3’s role within MET DAO, reinforcing its alignment with Meteora’s vision of decentralized governance, community engagement, and liquidity innovation. The natural progression from token holder to staker to DLMM participant highlights M3M3’s integral role in the ecosystem.
By cementing M3M3’s position within MET DAO, we create a gateway for new participants, accelerate innovation, and drive long-term growth and stability for Meteora, the LP Army, token holders, and token creators. Recognizing and formalizing M3M3 stakers within MET DAO will strengthen participation, deepen governance involvement, enhance liquidity, and elevate the quality of new launches—extending Meteora’s leadership in the industry. As an active force in the Meteora ecosystem, M3M3 participants are already deeply engaged in liquidity strategies and governance, making this formalization a logical next step.
2. Background
Meteora has outlined plans for the MET DAO, aiming to establish a decentralized governance structure that allows for community-driven decision-making. As of today, the DAO has not yet been formally launched. Meanwhile, M3M3 has gained momentum as a gateway to the Meteora ecosystem, creating a community that demonstrates strong engagement, organic growth, and active participation from traders and liquidity providers.
MET is meant to effectively bolster Meteora’s DLMM growth, energize participation in the DAO, and drive liquidity growth on Solana. The MET DAO will become a major governing body for the ecosystem to come together to improve the long-term sustainability of liquidity protocol and providers. The M3M3 community already exists within this ecosystem and represents a unique opportunity for MET DAO if this value is recognized and cultivated.
3. Why M3M3 Should Be Part of MET DAO
This proposal presents an opportunity to formally include M3M3 within the Meteora Stimulus Scoring System, ensuring that community members have governance rights and incentives that align with Meteora’s broader goals. These include strengthening long-term sustainability by accelerating MET community growth and improving participant retention by introducing more users to the benefits of LPing with Meteora.
M3M3 is a novel concept that differentiates the Meteora ecosystem, attracting higher-quality projects and token holders while serving as a gateway to LPing by joining the LP Army. To reinforce this, eligible M3M3 stakers invited to participate in governance should be actively engaged in LPing, demonstrating the program’s effectiveness in onboarding new liquidity providers. The below diagram showcases the natural progression of M3M3 stakers finding success integrating with and contributing to Meteora’s growth and success:
Allocation Considerations Through Quantifiable Metrics:
- M3M3 allocation will have different levels based on a participant’s measurable engagement/commitment. For example, some are only staking $M3M3, some rank in the top 999 stakers of $M3M3, and many are both $M3M3 stakers and actively LPing. In general, higher engagement, activity, and metrics that prove long-term commitments should naturally add up to stakeholders with larger investments in the MET DAO being offered more allocation and influence. For example, long-term LP participants with a high number of MET Points who are also early adopters of M3M3 should naturally have the most allocation.
- M3M3 participants receive $MET based on a quantifiable, on-chain metric, such as:
- The USD value of fees claimed within official tokens/airdrops from the M3M3 platform.
- M3M3 score, which indicates commitment and tenure.
- Other verifiable contributions that directly generate value for the Meteora ecosystem such as active participation, voting time, etc.
The Meteora DAO describes 3 Principles that align well with the contribution of M3M3:
Expertise:
Community experts who understand Solana’s unique needs and can help guide and advocate for the MET DAO mission.
The M3M3 community consists of a strong and committed base of users who are active participants in the Solana ecosystem including staking, DLMMing, trading, analysis, and discussion. Their unique perspective and participation provide frontline expertise and insights that will drive the success of Meteora as a testbed for innovation. By integrating with MET DAO, this engaged community can contribute meaningfully to governance decisions and become a reliable feedback loop for new concepts and features that increase value for all participants in the DeFi space.
Empowerment:
When LPs and M3M3 participants both own a stake in Meteora, a more comprehensive perspective emerges with more stakeholders in the ecosystem represented, enabling better decision-making and clearer prioritization.
A DAO thrives when it has an engaged voter base. Including M3M3 holders in MET DAO will increase governance participation, ensuring that governance mechanisms function effectively with a diverse set of voices contributing to decision-making. The M3M3 community consists of some of the most dedicated stakeholders in the Meteora and Solana ecosystem. Buying into the vision for PPP instead of PvP, long-term stakers, including early adopters (or “founding community members”) bring unique opportunities leverage the exciting power of 3,3 to promote Meteora to the wider Solana ecosystem, ultimately growing the LP Army and Meteora’s dominance on its way to becoming the #1 DeFi platform for Solana.
Transparency & Confidence:
Decentralized decision-making and 100% transparent MET tokenomics to bolster trust and openness.
Meteora’s core mission is to create deep, automated, and decentralized liquidity solutions. M3M3’s traction, community engagement, and growth within this ecosystem make it a natural candidate for inclusion in MET DAO. By adopting the 3,3 mindset, M3M3 participants are already enabling stability for the Solana ecosystem and helping to ensure Meteora’s dominance as a more sustainable launchpad for creators. M3M3 community members with the longest track record, highest point totals, and significant contributions to the community can benefit from having a larger share of MET, creating further incentives that accelerate the “flywheel”. This attracts more stakers, and therefore more creators, enabling stronger token communities and delivering more fruitful opportunities to the LP Army.
4. Proposed Mechanism for Integration
Formalizing M3M3’s Integration into MET DAO
To ensure alignment with MET DAO’s governance structure, M3M3 participants will gain governance influence through $MET staking, following the established DAO model. This ensures that decision-making power is based on measurable, on-chain activity rather than subjective factors such as social engagement.
Integrating M3M3 stakers into MET DAO will:
- Strengthen decentralized governance, ensuring that M3M3 participants can meaningfully contribute.
- Increase active voter participation by incentivizing long-term engagement.
- Reinforce alignment with Meteora’s long-term goals through a structured, fair, and measurable framework.
Governance Participation Through $MET Staking:
- All governance influence will be directly tied to $MET staking, as this is the sole governance mechanism within MET DAO.
- Voting power will be proportional to $MET staking, not arbitrary roles or activity.
By ensuring that governance power is distributed through a fully on-chain, measurable process, we maintain fairness, transparency, and decentralization.
Incentives to Strengthen Long-Term Governance Participation:
To further encourage participation within MET DAO, staking-based incentives will be introduced for M3M3 participants who actively contribute to governance. These may include:
- Governance Staking Rewards: Bonus $MET allocations for stakers who participate in governance votes.
- Tiered Staking Benefits: Higher rewards for long-term M3M3 stakers who accumulate governance power through $MET.
- Cross-DAO Engagement Opportunities: Direct participation in liquidity innovation, governance discussions, and DAO initiatives, ensuring that M3M3 contributors help shape the ecosystem’s future.
- Bonus Incentives or larger allocations: Combined LP activity, M3M3 staking, and time active may be used to offer participants a larger share of $MET on initial airdrop, offering greater influence to individuals who meet initial criteria and also participate in M3M3 staking. Naturally, such individuals have greater insight that would be favorable for governance discussions and decisions.
Liquidity & Treasury Alignment with MET DAO:
Rather than integrating separate M3M3 liquidity pools, the focus will be on aligning M3M3 activity with MET DAO’s existing treasury mechanisms. This may include:
- Tying treasury contributions to on-chain earnings from M3M3 platform activity.
- Exploring $MET-based liquidity incentives for M3M3 stakers who participate in governance.
- Ensuring that all economic benefits generated by M3M3 are measurable and contribute directly to Meteora’s long-term growth.
This structured approach guarantees that M3M3’s contributions are tangible, scalable, and fully integrated into MET DAO’s governance framework.
Phased Implementation Approach
To ensure a seamless transition and minimize governance-related risks, the integration of M3M3 into MET DAO will follow a structured, phased approach:
Phase 1: Governance Alignment & Community Discussion
- Confirm exact metrics that qualify for allocation of $MET.
- Define the logical allocation of $MET for M3M3 stakers.
- Conduct community discussions and governance polls to gauge sentiment and refine the model.
Phase 2: On-Chain Integration & Governance Framework Finalization
- Implement the on-chain tracking mechanism to measure M3M3 engagement based on the USD value of fees claimed.
- Use: Swagger UI returns a list of top X (based on token) stakers and all their stats, so just a matter of extending the list on Meteora side.
- Introduce initial governance participation incentives for stakers.
- Align incentives for participation in voting and other contributions to be defined.
Phase 3: Full Governance Activation & Execution
- Launch active voting participation and integrate M3M3-driven governance proposals.
- Optimize the system based on on-chain engagement data and DAO feedback.
5. Conclusion
The formal inclusion of M3M3 within MET DAO and the Meteora Stimulus Points Program represents a strategic alignment that benefits Meteora, the LP Army, and the broader Solana ecosystem. By structuring governance participation entirely through $MET staking, we ensure that M3M3 contributors engage meaningfully in decision-making while reinforcing the DAO’s long-term sustainability.
This initiative will:
Expand governance participation by integrating M3M3 participants through measurable, on-chain activity rather than subjective metrics.
Strengthen liquidity mechanisms by aligning M3M3 incentives with $MET-based staking and treasury contributions.
Deepen community engagement by fostering long-term participation in governance, liquidity provisioning, and DAO-driven initiatives.
We are excited to collaborate with the Meteora team and MET community to finalize the best inclusion model, ensuring a seamless and impactful expansion of decentralized governance within the Meteora ecosystem. Thank you for considering this proposal.
END OF PROPOSAL TO BE DISCUSSED BY COMMUNITY
Final Notes:
- While we tried to be comprehensive in our thought process and approach, it is possible that the detail leads to complications instead of the intention of considering possible gaps or ambiguities in advance. Please feel free to point out items that are incompatible, contradictory, or vague so that they can be discussed, reviewed, improved, or even deleted.
- We realize that M3M3 is a new concept, and yet the potential for it to be a growth engine for Meteora is easily realized. With MET allocation still far on the horizon there is plenty of time to see how the system and platform enable the value claimed within the proposal. Some of these things may not be immediately evident to those who have not participated in M3M3.
- We firmly believe that this Proposal has multiple benefits. Our approach was to focus on what M3M3 does for Meteora and the MET DAO, and not the other way around. With that said, it also gives M3M3 the opportunity to firm up its place in the ecosystem by highlighting some of the great potential the platform and vision has as a whole.
Thank you for your attention and anticipated collaboration on this community-driven discussion.