the $MET tokenomics are finally here a quick look at who gets what and initial thoughts 👇

2/ - 20% $MET for Mercurial Stakeholders - 15% $MET for the users of @MeteoraAG - 3% $MET for Launchpads & Launchpool Ecosystem - 2% $MET for Off-Chain Contributors - 3% $MET for the @JupiterExchange stakers - 3% $MET for Centralized Exchanges, Market-Makers and more - 2% of $MET for M3M3 Stakeholders Package

3/ the remaining 52% will be vested - 18% $MET for Team, vested linearly over 6 years. - 34% $MET for Meteora Reserve, vested linearly over 6 years.

4/ with a 48% circulating supply at TGE, it will be one of the highest floating token, even more than $HYPE which had 33.4% out at launch. this may cause some sell pressure at launch, but makes long term alignment very secure with very little unlock risk every year (<20%)

5/ Mercurial stakeholders getting 20% is currently the point of debate amongst the community, but as @0xSoju rightly pointed out, there would be no meteora & jupiter without mercurial. so all those people who supported it back in 2021 have to be taken care of. if they align with the $MET objective, the community will have more strong backers

6/ what I'm not very sure about is how much buy pressure will be created with 3% on CEXs, but I imagine it would be sizeable. if we do get a nice pump with the initial launch, market makers may try to cause sell pressure with perps, similar to what we saw with @doublezero's $2Z, which I am also bullish on

7/ to sum it up, the team did a great job with the tokenomics remember, the goal with $MET is to make community-driven growth. putting 48% of the token out there on day 1 will allow for price discovery and believers to hold with confidence

8/ meteora currently does $60M in annualized revenue, which isn't massive in terms of buybacks (expecting $1-2B FDV on day 1). and buybacks have no date, which is understandable, just an idea but the team has massive plans, with prediction markets and more on the roadmap, the future is bright for $MET