Meteora proposes to distribute 3% of TGE reserves to Jupiter stakers in the form of liquidity position NFTs

Following backlash over its proposed distribution plan for Jupiter (JUP) stakers, Solana's liquidity protocol, Meteora, has unveiled a new proposal. 3% of the MET TGE reserve will be distributed to Jupiter stakers in the form of liquidity position NFTs on a time-weighted basis, providing them with MET/USDC liquidity exposure upon launch.