M3M3

Meteora introduced M3M3 — short for meme (3,3) — a new stake-to-earn mechanism that rewards top memecoin stakers with fee earnings from permanently-locked liquidity. This approach isn’t just theoretical; it’s designed to help projects like our $ELIZA, $TWINS, and $CLAUDIA AI agent tokens foster sustainable growth, reduce sell pressure, and encourage long-term engagement within their communities. M3M3 is currently in beta.

The Memecoin Challenge: Overcoming the Race to Dump

The reality for most memecoins is stark. As of 29 November 2024, data from DEX Screener shows that only about 700 (~0.05%) of the tens of thousands of memecoins on Solana have surpassed a $1 million market cap, and a mere 200 (~0.016%) have broken the $20 million mark. Even reaching a modest ~$69,000 market cap milestone on pump.fun was achieved by only 555 out of 44,182 (1.26%) memecoins.

Why so few successes? Early holders fear creators dumping their allocations, while newcomers worry about insiders and snipers who entered at bargain prices. This creates a toxic, PvP-driven environment where everyone rushes to sell first, resulting in weak charts and stagnant growth. But we believe M3M3 can break this cycle by giving all participants — from early adopters to latecomers — a reason to stake and hold rather than fold.

How M3M3 Works: Incentivized Staking for Long-Term Value

M3M3 flips the traditional memecoin script. Instead of scrambling to offload tokens, top stakers (e.g., the Top 100) earn fee rewards from liquidity pools that remain permanently locked. The more you stake, the bigger your share, creating a dynamic leaderboard that drives competition and inspires participants to accumulate more $ELIZA, $TWINS, and $CLAUDIA tokens.

Key Benefits of M3M3

• Earn While You Hold: Stake actual memecoins (not LP tokens) to earn fee rewards, eliminating impermanent loss risks.

• Real-Time, Compounding Rewards: As you stake more, you instantly earn more fee rewards per block. SOL rewards can be claimed right away, while memecoin rewards compound back into your stake, reducing sell pressure and building long-term value.

• Leaderboard Dynamics: If you fall out of the Top 100, your fee rewards stop. This competitive element encourages continuous staking and buying to maintain your position.

• Cooldown Period for Stability: A customizable cooldown (minimum 6 hours) for unstaking ensures participants don’t exit en masse. This stabilized environment fosters healthier price action and encourages patient, strategic participation.

Inspired by the (3,3) model, M3M3 thrives when everyone stakes. If all holders are aligned in staking, everyone can benefit from compounding rewards and a more stable token price. Think of it as turning a destructive “race to dump” into a constructive “race to stake.”

The M3M3 Flywheel: A New Era of Memecoin Growth

• Transform Fees into Staker Rewards: Trading fees on permanently-locked liquidity are distributed to stakers, incentivizing long-term participation.

• Competition Drives Volume, Volume Increases Rewards: As stakers vie for top spots, trading volume surges. Higher volume yields more fees, which circle back to attract even more stakers.

• Less Sell Pressure, More Value: More staking and continuous compounding discourage frequent selling. This reduces downward price pressure and supports potential growth in market cap for tokens like $ELIZA, $TWINS, and $CLAUDIA.

A Second Launch for Memecoins

By allowing creators to set when fee rewards become claimable post-TGE, M3M3 can replicate the excitement of a launch event later in a token’s lifecycle. This “second launch” effect can spark fresh waves of buying and staking, driving additional interest and boosting liquidity.

Easy Integration, No Extra Costs, No Development Hassles

M3M3 is designed for seamless implementation. There’s no complex development or manual reward top-ups required. Fee rewards come purely from trading fees on locked liquidity, not from token emissions. Highly configurable parameters let launchpads and creators tailor M3M3 to suit their unique goals and token models.

Permissionless Dynamic Pools: Flexible Liquidity for $ELIZA, $TWINS, and $CLAUDIA

To support M3M3 and enhance liquidity across our ecosystem, Meteora also introduces Permissionless Dynamic Pools. These pools enable anyone to create liquidity pools for their tokens — including $ELIZA, $TWINS, and $CLAUDIA — without relying on centralized intermediaries. The result is maximum transparency, flexibility, and control over liquidity provisioning.

Dynamic pools also introduce the potential for added yield through lending, making it appealing for LPs to contribute liquidity even when trading fees are low or traditional liquidity mining rewards aren’t present.

Combining M3M3 and Permissionless Dynamic Pools for Long-Term Success

By integrating M3M3 with Permissionless Dynamic Pools, projects like $ELIZA, $TWINS, and $CLAUDIA can break free from the short-term, PvP-driven memecoin model. Instead, we cultivate an environment where holding and staking are rewarded, liquidity provision is straightforward, and everyone has a stake in fostering sustainable growth. M3M3 encourages your community to race to the top of the staking leaderboard, while Permissionless Dynamic Pools ensure robust, decentralized liquidity. Together, they create a healthier ecosystem where long-term engagement and prosperity become attainable goals, not elusive dreams.

We love M3M3. By embracing powerful incentives that align individual actions for collective benefit, we aim to explore memecoin dynamics and usher in a new era of stability, collaboration, and growth — not just for $ELIZA, $TWINS, and $CLAUDIA, but for all who share the M3M3 vision.