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Overview

META is the governance and utility token of the MetaDAO protocol. This page provides comprehensive information about the token’s supply, distribution, and issuance mechanisms to meet regulatory transparency requirements.

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Token Migration

Active Migration: MetaDAO is currently migrating from the legacy METAC token to the new META token. If you hold METAC tokens, please migrate them to META.

Migrate Your Tokens

Visit the migration portal to convert your METAC tokens to META — no fees, one-way migration

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Migration Details

TokenMint AddressStatus
META (New)METAwkXcqyXKy1AtsSgJ8JiUHwGCafnZL38n3vYmeta✅ Active
METAC (Legacy)METADDFL6wWMWEoKTFJwcThTbUmtarRJZjRpzUvkxhr⚠️ Migrating
Key Migration Info:
  • No fees — migration is completely free
  • One-way — migration cannot be reversed
  • Multiple migrations — you can migrate in batches if needed
  • Verification — check your wallet after migration to confirm receipt
For developers, the migration contract is available at github.com/metaDAOproject/token-migrator and via the NPM package @metaDAOproject/token-migrator.

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Supply Information

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META Token Address

META Mint Address (Solana): METAwkXcqyXKy1AtsSgJ8JiUHwGCafnZL38n3vYmeta

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Current Circulating Supply

Real-time total supply is always available onchain and can be verified through multiple methods:

Solana Explorer

View live “Current Supply” directly on Solana Explorer

Supply API

Programmatic access via our API endpoints

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Onchain Verification (Solana RPC)

You can query the Solana blockchain directly using the getTokenSupply RPC method: 
curl https://api.mainnet-beta.solana.com \
  -H "Content-Type: application/json" \
  -d '{
    "jsonrpc":"2.0",
    "id":1,
    "method":"getTokenSupply",
    "params":["METAwkXcqyXKy1AtsSgJ8JiUHwGCafnZL38n3vYmeta"]
  }'

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API Endpoints

EndpointDescription
GET /api/supply/:mintAddressComplete supply info (total, circulating, decimals, raw)
GET /api/supply/:mintAddress/totalTotal supply only
GET /api/supply/:mintAddress/circulatingCirculating supply only
For detailed API documentation, visit api-docs.metadao.fi.

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Maximum Supply

No Protocol-Enforced Hard Cap: META does not have a hard cap at the token-program level. In SPL tokens, a “hard cap” only exists if mint authority is permanently removed — in META’s model, the mint authority is controlled by governance, not a human operator.
Key Points:
  • No hard cap is enforced by the token contract itself
  • Supply increases are only possible via governance-approved issuance proposals
  • There is no “silent” or off-chain discretionary minting — the mint authority is the governance program
  • All issuance must be publicly proposed and pass the futarchy mechanism before execution
This design allows the protocol to:
  • Fund ongoing development and operations
  • Incentivize contributors and ecosystem growth
  • Adapt to changing market conditions through community governance
All supply-increasing proposals must pass through the futarchy governance process, where market participants evaluate whether the proposed issuance would increase or decrease the token’s value.

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Initial Token Distribution

Projects launched on MetaDAO typically follow a high-float ICO model:
  • 10,000,000 tokens are minted at project launch
  • Distributed through a fair launch mechanism
  • No private sales or insider allocations at launch

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Issuance Mechanism

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How New Tokens Are Created

New META tokens can only be minted through governance proposals. The process works as follows:
  1. Proposal Creation: Anyone can create a proposal to issue new tokens
  2. Stake Requirement: 500,000 tokens (5% of initial supply) must be staked for the proposal to go live
  3. Market Trading Period: Conditional markets open for 3 days where traders evaluate and participate in trading the proposal
  4. Automatic Execution: If traders determine the issuance will increase token value, the proposal passes and tokens are minted
For detailed mechanics on how the minting process works, including timelocks and onchain flows, see our Token Mechanics page.

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Governance Controls

The futarchy system provides several protections for token holders:
  • Market-Based Approval: Proposals only pass if traders believe they will increase token value
  • Transparent Process: All proposals and their outcomes are publicly visible onchain
  • No Unilateral Minting: No individual or team can mint tokens without market approval

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Transparency & Verification

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Onchain Verification

All token supply data can be verified directly on the Solana blockchain:
ResourceDescription
Solana ExplorerLive supply visible under “Current Supply”
API DocumentationProgrammatic access to supply data
Solana RPCQuery getTokenSupply for the META mint directly

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Regulatory Compliance

This documentation is designed to meet the requirements of the Korean Virtual Asset User Protection Act and similar regulatory frameworks. Key compliance points:
Real-time circulating supply is available via API at all times. There is no fixed schedule for supply changes - all changes occur through governance proposals.
All proposals are publicly visible before trading begins. These proposals are broadcast onchain and via the website. The 3-day trading period provides time for market participants to react.
There are no automatic inflation mechanisms, scheduled unlocks, or team vesting that occurs outside of governance. All supply changes require market approval.

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Questions?

For additional questions about META tokenomics or compliance requirements, please contact the MetaDAO team through our official channels.