Shaping Meteora DAO in DeFi 2.0

Proposals
21

Is this the final plan?

If I understand correctly, only locked MET will give access to the benefits of governance.

Could we mint an xMET token, for example, which would be obtained in exchange for stacked MET, so that other pools could be formed with xMET/Y pairs (Y: any other token)?

22

The final proposal after gather community feedback its in The Meteora DAO

its not a final decision, but at least we already have a pretty unique format

We can start from Layer 0 and adapting during each layer applications based in community amd team feedback.

1 Like
23

Thank you for redirecting me to this proposal. I had missed it. I found the answer to my question there, and I now understand the stacking of LPs from pairs composed of METs. This gives you access to governance, while remaining active in the distribution of liquidity.

24

As I understand, you collected all tools from Jup and Sanctum and want to use their in Metā€¦ I donā€™t think that itā€™s a good Idea. New project needs a new goal and new decisions. Letā€™s think about the value of each project.

  1. Jup is dex which want to up to the level of cex. Jupā€™s aim is to become powerful SOL ecosystem.
  2. Sanctum provide an opportunity using a LST. Aim of Sanctum is growing own community.
  3. Met allows you to create pools and use their. What is the aim of Meteora ? Provide liquidity and attract more money.

I think that this project donā€™t need Voting, Staking, Reward system e t.c.
They need to create a token so project as many people as possible know about them and do ā€œbuy backā€. They should accumulate fees in it.

Simplicity will allow people to get in easily and get out easily. It will also attract a wide range of people. . I think that it is going to be the best marketing. After all, the main goal of marketing is to connect a product and the person who needs it.

Everything else will repel and make a project for the elite. For what? Do you want to feel special? Or do you want to play with other peopleā€™s money?
Because people will enter the project and lose their money here because there will be a complex system in which they will be inexperienced

1 Like
25

If you want to protect the project from whales, then why donā€™t you talk about equality between whales and non-whales? Could you suggest the airdrop: 1% = 1000 points, but not 1$ = 1000 poins.

Stripping whales of rewards is probably not the best thing, as whales risk their capital for engine of the product, which is liquidity. Whales should be rewarded for their capital, and non-whales should focus on utilizing their most valuable asset - time, to get rewarded, while whales probably had to utilize their most valuable asset - time, before, to get the capital in the first place to contribute to TVL liquidity.