What is META?

MetaDAO is governed by META, whose mint is METADDFL6wWMWEoKTFJwcThTbUmtarRJZjRpzUvkxhr.

On November 15th 2023, 10,000 META was airdropped to 60 wallets, with the remaining 990,000 META being sent to MetaDAO's treasury.

All META from the treasury has entered the circulating supply through market-approved governance proposals.

In March 2024, a group of community members created a proposal to burn 979,000 META from the treasury. That proposal passed, capping the supply of the current mint to 21,000 META. MetaDAO may choose to migrate to a new token mint which gives the DAO the ability to mint new tokens.