PANews|Dec 11, 2025 02:16
[Meteora Discloses $10 Million USDC Buyback of 2.3% of Total Tokens in Q4 and Launches Comet Points System]
The Solana ecosystem liquidity protocol Meteora announced on the X platform that in Q4 2025, it spent $10 million USDC to buy back MET tokens, cumulatively repurchasing 2.3% of the total supply. Moving forward, the same wallet will be used for autonomous buyback operations. Additionally, Meteora announced the launch of a points system called 'Comet Points,' where users can earn points by staking MET tokens and using the platform's products. Meteora plans to build a 'Comet Points' redemption system, allowing users to exchange points for airdrop/presale qualifications, shop in off-chain stores, purchase liquidity mining guidance services, and more.
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