In the fast-paced world of crypto, token launches have often been criticized for their low-float, high fully diluted valuation (FDV) models. These setups typically mean only a small portion of tokens are available at launch, leading to inflated prices and potential dumps later on. But Meteora, a key player in Solana's liquidity ecosystem, is shaking things up with their Phoenix Rising Plan.

Recently, Castle Labs tweeted about Meteora's bold move, highlighting how this plan could signal the end of the low-float era. Quoting Meteora's announcement, it emphasizes turning every stakeholder liquid right from the token generation event (TGE) on October 23.

What is the Phoenix Rising Plan?

Meteora's Phoenix Rising Plan is all about fairness and liquidity. Instead of locking up most tokens and releasing them slowly, they're distributing a whopping 48% of the $MET supply immediately to various groups and users. This circulating supply includes allocations for Mercurial stakeholders, LP stimulus plans, launchpads, off-chain contributions, Jupiter stakers, CEX and market makers, and M3M3 stakeholders.

The remaining 52% is non-circulating at launch, vested linearly over six years to the team (18%) and the Meteora ecosystem reserve (34%). This approach ensures long-term commitment while providing ample liquidity from day one.

As shown in the tokenomics chart, the breakdown is designed to reward early supporters and build a robust ecosystem. For those unfamiliar, tokenomics refers to the economic model of a token, including its supply, distribution, and incentives.

Why This Matters for Meme Tokens and Beyond

In the meme token space, where hype can drive massive gains but also quick crashes, liquidity is king. Meteora's dynamic liquidity pools have already been a go-to for Solana-based projects, helping maintain stable trading environments. By launching $MET with high initial float, they're setting a new standard that could influence future meme token launches.

This plan addresses common pain points like rug pulls or unfair distributions, making it easier for retail investors to participate without fearing massive unlocks down the line. As Castle Labs points out, it's a step towards making every stakeholder liquid, potentially killing the old meta of low-float tokens.

For more details, check out Meteora's full announcement on Medium.

Community Reactions and Future Implications

The tweet has sparked discussions, with one reply noting that "more float early just might kill the old meta fast." It's early days, but this could encourage other projects to adopt similar models, fostering a healthier crypto market.

If you're into Solana memes or blockchain liquidity, keep an eye on October 23. Meteora's move might just phoenix-rise the standards for token economics.