Meteora proposes to allocate 25% of tokens to liquidity incentives and TGE reserves
On May 2, Solana’s liquidity management platform, Meteora, said on social media platforms that it proposes to allocate 25% of its tokens to liquidity incentives and TGE reserves.
Of this amount, 20% will be allocated to the Liquidity Incentive Reserve, which will be used for liquidity mining incentives for a period of two years after the TGE, and 5% will be allocated to the TGE Reserve, which will be used for liquidity provisioning, market making, and other purposes for the duration of the TGE.