DeFi Project Mercurial to Rebrand to Meteora and Reset the Existing Tokenomics

Solana ecosystem DeFi project Mercurial announced that it will rebrand to Meteora and will launch the new token Meteora ($MET) to replace the original token $MER. $MER holders do not need to do anything and their $MER will be automatically migrated over to $MET. 

The total supply of $MET will be 100 million, of which 20% will be allocated to $MER stakeholders and the remaining 80% will be managed by DAO.