DeFi Project Mercurial to Rebrand to Meteora and Reset the Existing Tokenomics

Solana ecosystem DeFi project Mercurial announced that it will rebrand to Meteora and will launch the new token Meteora ($MET) to replace the original token $MER. $MER holders do not need to do anything and their $MER will be automatically migrated over to $MET. 

The total supply of $MET will be 100 million, of which 20% will be allocated to $MER stakeholders and the remaining 80% will be managed by DAO.

Solana

DeFi

In This Article

Related News
Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged
Transaction fees generated on Solana network fall to lowest weekly amount since September Transaction fees generated on Solana network fall to lowest weekly amount since September
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Chainalysis expands Solana coverage to include Pump.fun memecoins Chainalysis expands Solana coverage to include Pump.fun memecoins
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Latest News More More
2 Days Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
March 27 Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
March 27 MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open