The Meteora proposal plans to allocate 3% of the TGE reserve as liquidity position NFTs to Jupiter stakers

ChainCatcher message, SolanaFloor posted on the X platform that the Solana ecosystem liquidity protocol Meteora has announced a new proposal after facing strong opposition due to the JUP staker allocation plan.

3% of the MET TGE reserves will be distributed to Jupiter stakers in the form of liquidity position NFTs based on a time-weighted model, providing stakers with MET/USDC liquidity exposure at the time of the token launch.