If you're into meme tokens on Solana, you've probably heard of M3M3, the fun yet strategic token tied to the Meteora ecosystem. Recently, @0xSoju from Meteora dropped a tweet announcing a detailed write-up on how they crunched the numbers for the M3M3 stakeholders package. This is all part of gearing up for the MET airdrop, where M3M3 holders and stakers get a piece of the action. Let's break it down in simple terms so you can see what's going on and maybe spot opportunities in similar projects.

First off, the tweet itself is straightforward: "I have also posted a write-up on how we calculated the M3M3 stakeholders package." It links directly to the forum post on proposals.meteora.ag. If you're not familiar, Meteora is a decentralized exchange (DEX) on Solana focused on liquidity management, and M3M3 is their meme-inspired token that's been building community hype.

In the write-up, posted by Soju on October 8, they remind everyone to check out the initial post about M3M3 here. Key point: Snapshots for the airdrop were taken months ago, so buying or trading M3M3 now won't qualify you for the MET drop. That's important for anyone thinking of jumping in late.

They divide the allocations into two main categories:

• M3M3 Holders: This includes tokens held in wallets, or deployed in Dynamic Automated Market Maker (DAMM) positions or Dynamic Liquidity Market Maker (DLMM). Basically, if your M3M3 is sitting in your wallet or providing liquidity, you're in this group.

• M3M3 Stakers: These are folks who specifically staked their M3M3 in the staking program on m3m3.meteora.ag. Staking usually means locking up tokens for rewards, and here it comes with a longer unstake period, so they're rewarding that commitment.

To make it fair, they used two snapshots:

1. March 13, 6:30 AM UTC – Right when they first announced the initiative.

2. February 17, 04:18 AM UTC – Tied to a statement from Ben Chow (likely a key figure in the project).

Why two? It ensures more MET goes to stakers for their support and patience with unstaking. Holders in liquidity pools are treated similarly to wallet holders for simplicity.

Now, onto the allocations. They're dishing out the same number of MET tokens to both holders and stakers overall, but since there are different amounts of M3M3 in each category, the MET per M3M3 ratio varies. Stakers get roughly 50% more per token, which makes sense as an incentive. They also weighted the first snapshot a bit more because M3M3's value was higher then. If you held through both snapshots, your allocations from each get added up.

The post mentions an estimated allocations image, but details weren't fully visible in the summary – head over to the original for the visuals if you're crunching numbers yourself.

This setup highlights how meme tokens like M3M3 are evolving beyond just hype; they're integrating with DeFi mechanics like staking and liquidity provision to reward long-term supporters. For blockchain practitioners, it's a great example of transparent airdrop calculations that balance community incentives with project sustainability.

If you're holding M3M3 or eyeing similar Solana memes, keep an eye on Meteora's updates. Projects like this show how meme tokens can build real utility. What do you think – is this a fair allocation method? Drop your thoughts in the comments below!