Question 1

What is MET?

Accepted Answer

MET is a Solana SPL fungible token in the Meteora ecosystem. Meteora provides decentralized liquidity and token-launch-related tools; MET is positioned to support coordination, access, and participation within the ecosystem, rather than to represent ownership of any company or protocol treasury. “SPL” means it follows Solana’s fungible token standard, so it can be recognized, sent, and received by Solana-compatible wallets and applications. A token standard explains the on-chain form of an asset; it does not itself confer profit, redemption, or governance rights.

Question 2

What practical uses does MET have?

Accepted Answer

MET can be held, sent, and received in Solana-compatible wallets and applications. The whitepaper also links it to access, participation, and coordination uses within the Meteora ecosystem, such as available functions related to liquidity programs, token-launch activities, or protocol activities. However, being able to hold or transfer MET does not mean that every ecosystem feature is automatically enabled. Whether a feature is available, who may participate, and which conditions must be met depend on the product rules actually in effect at that time; phased capabilities described in the whitepaper cannot be treated in advance as live entitlements.

Question 3

What ecosystem participation opportunities can holding MET provide?

Accepted Answer

MET is designed to potentially provide access or priority in Meteora ecosystem activities, such as token launches, liquidity activities, or protocol activities. Its role is to link eligibility or participation tiers to specific ecosystem mechanisms, rather than to equate holding the token directly with fixed returns. The actual process depends on the specific activity: there first must be an available mechanism, eligibility or participation conditions are then verified under that mechanism, and the corresponding access or participation outcome follows only afterward. Rules may differ across activities, so one activity cannot be used to infer that all MET holders have the same entitlement.

Question 4

How do MET staking and participation points work?

Accepted Answer

The whitepaper describes staking MET into a designated smart contract and receiving non-transferable participation points as a later-phase arrangement: if users stake according to the rules after the feature is enabled, the contract may record the corresponding level of participation and issue non-transferable points. The intended use of the points is to record participation and potentially affect access tiers or eligibility; they are not equivalent to freely transferable MET and do not constitute promised returns. Whether the mechanism is enabled, the staking conditions, point calculation, and the benefits they may affect must all be determined by the actual deployment and rules in effect at the time.

Question 5

What are MET's supply and allocation broadly like?

Accepted Answer

MET has a total supply of 1 billion tokens. The investor relations page lists 48% as circulating and 52% as non-circulating; the non-circulating category includes 18% for the team and 34% for the Meteora reserve. These categories describe token attribution or transferability status under that disclosure framework and should not be confused with real-time market-tradable volume. Whether reserve, team, or other tokens can be moved, and when they are available, also depends on the relevant wallet arrangements and applicable rules.

Question 6

Does holding MET mean holding project equity or receiving dividends?

Accepted Answer

No. The whitepaper states that MET does not grant holders ownership, voting governance rights, profit-sharing rights, or redemption rights in Meteora Foundation, the protocol, or affiliated parties. Holding the token therefore does not equal holding company equity, nor does it create a redeemable claim on any asset. This is consistent with MET’s functional positioning: its ecosystem uses may relate to access or participation mechanisms, but those uses cannot be extended into a commitment to distribute cash flows. MET’s market value is affected by supply and demand, and the whitepaper does not describe it as an asset supported by a stabilization mechanism or external assets.

Question 7

What should I keep in mind when using or transferring MET?

Accepted Answer

Before transferring MET, confirm that both the wallet and receiving address are suitable for the Solana network, and verify the address, amount, and application intended to be used. Once an on-chain transaction is recorded, it is generally irreversible; an incorrect address or network choice generally cannot be reversed through the protocol. Private keys or wallet access permissions determine who can authorize transactions by signing, so they should be safeguarded. Even if tokens successfully reach an address, whether a Meteora feature can be used still depends on wallet compatibility, application conditions, and whether that feature has been opened; completing a transfer does not mean gaining additional ecosystem eligibility.

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