TechFlow News, Solana-based DeFi project Mercurial will be rebranded as Meteora and will undergo a token reset using the new Meteora token to replace its existing MER token. MER holders will receive the new Meteora token.
According to reports, of the 100 million Meteora tokens in total supply, 20% will be in circulation and fully liquid, while 80% will be allocated to the DAO for management. This move aims to boost user engagement, build market confidence, and distance itself from FTX and Alameda.Source link




