News/DeFi Project Mercurial to Rebrand to Meteora and Reset the Existing Tokenomics

DeFi Project Mercurial to Rebrand to Meteora and Reset the Existing Tokenomics

Dec 28,2022,09:49

Solana ecosystem DeFi project Mercurial announced that it will rebrand to Meteora and will launch the new token Meteora ($MET) to replace the original token $MER. $MER holders do not need to do anything and their $MER will be automatically migrated over to $MET.

The total supply of $MET will be 100 million, of which 20% will be allocated to $MER stakeholders and the remaining 80% will be managed by DAO.

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