Meteora@MeteoraAG
The $MET token has always been the heart of the protocol, and we are here to reaffirm that.
Crypto is nascent, and we feel that making decisions now about the $MET token will limit our flexibility, which is ultimately bad for token-holders.
We have decided to focus in the long run on what works, growing revenues, optimizing expenses, and returning value to tokenholders. All while communicating clearly on Meteora’s financials/numbers.
We have begun doing so in Q4 2025 by spending 10M USDC in buybacks, accumulating 2.3% of total supply.
Going forward, we will be conducting discretionary buybacks here from the same wallet:
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But that's not all. The token was designed to tie to the product, and we're taking the first step with the Meteora Economy.
Comet Points are a new, unique consumable point system tied into the core product. Earn Comets by staking $MET and using the product.
With this, we aim to introduce an economy of things you can get with your comets, such as Airdrops/Presales, an off-chain redemption store, purchasing LP Coaching services, and more.
This new economy will unlock many possibilities and options for the Meteora community, and we commit to exploring and adjusting the economy with community input.
