**[Meteora Explains TGE Mechanism, MET One-Stop Portal to Launch in a Few Days]** BlockBeats News, October 15 — Solana ecosystem liquidity protocol Meteora released an announcement explaining its TGE (Token Generation Event) mechanism. Of the allocated 48% token supply, 10% will be distributed via a liquidity allocator, allowing users to provide liquidity for MET immediately upon the start of trading. Initial liquidity for MET will be established by the community (not the team), thereby unlocking the potential of Meteora’s fee generation mechanism. The early liquidity pool will consist solely of MET tokens, with early buyers contributing USDC to provide a redemption basis for sellers. This approach ensures sufficient liquidity for MET while rapidly expanding the collective of liquidity providers. Participants will earn combined rewards in USDC and MET, with specific proportions depending on MET’s market price. For example: When the market cap reaches approximately $1.127 billion (price per token: $1.127), about 4.5% of MET will be extracted from the liquidity pool. This means that if a user receives an airdrop of 100 MET, 45.0 MET will be sold in exchange for 33.77 USDC, and the liquidity pool will accumulate $33.7 million USDC. The official MET one-stop portal, met.meteora.ag, will go live in a few days. Users can join the liquidity allocation program (accounting for 10% of the total supply) on a first-come, first-served basis. All Jupiter staking users are automatically enrolled, so airdrop recipients will have a participation quota of 7%. Users can register on this page to join the 7% allocation. Successfully registered participants will directly obtain liquidity positions on the token generation day and start earning fees from MET trading immediately. No additional claiming procedures are required to begin accumulating rewards. On the token generation day, users can claim MET (or liquidity positions) directly via the Meteora app and operate in any liquidity pool containing the MET contract address. This will enable seamless claiming and instant deployment of MET liquidity.