1d ago
I like @MeteoraAG, especially DAMM v2, as the best place for me as a retail LP in early stage tokenized projects
I like that $met is being airdropped in such large % of total supply, creating lot of retail wealth
But I wouldn't buy more $met even at $500m, as right now, it's just a memecoin without any value accrual
20% of trading fees on meteora is taken as protocol fees and there seems to be no plan to allocate any of it to $met holders through buyback or staking reward yet
on the other hand $ray and $pump both have high value accrual, and even $orca and $jup have some form of value accrual
but that's not the case with $met yet, maybe it will be implemented later
my plan is to claim airdrop as LP and hold, and later if it bottoms out after selling and if there's value accrual, then buy more met and hold for the long term
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