Meteora has launched its new points system, marking an important step towards community engagement and liquidity enhancement on the platform.
Strategic Move by Meteora
The launch of the quarter points system highlights Meteora's commitment to engaging with the community and enhancing liquidity. The platform aims to foster DeFi growth on Solana and boost trading volume.
Funding and Trading Volume
Meteora, formerly known as Mercurial, secured substantial backing from venture capital firms, including Delphi Venture and others. The total trading volume over the past 24 hours reached $283,905,978.
Outlook and Impact on DeFi
The points system allocates 15% of the total $MET supply for airdrops, which could strengthen the positions of both Meteora and Solana in the DeFi market. No direct responses from high-profile KOLs were noted, yet community sentiment about the launch remains positive.
The launch of Meteora's new points system reflects confident development in the DeFi space, potentially having a significant impact on the market and user engagement.
