Meteora AG has opened claims for its LP Stimulus Season 2 program, letting liquidity providers collect rewards tied to trading fees rather than total value locked. The $MET claim window is live, though the company hasn't specified an end date.
Why the reward formula changed
In the first season, rewards were calculated based on how much value a provider locked into liquidity pools. This time, Meteora AG shifted the metric to trading fees generated by those pools. The move aligns incentives more directly with active market activity — providers earn based on the fees their liquidity helps generate, not just the size of their deposit.
What the claim process looks like
Eligible liquidity providers can now visit the Meteora platform to check their allocation and claim $MET tokens. The company hasn't published a deadline, so providers should act promptly to avoid missing out. No additional steps beyond claiming have been announced.
What liquidity providers should know
The change from TVL-based to fee-based rewards could shift which pools attract the most capital. Pools with higher trading volume and fee generation become more attractive, while those with large locked value but low activity may see less participation. Meteora AG hasn't detailed whether future seasons will follow the same model.
For now, the claim window is open. Providers should log in, verify their eligibility, and claim their $MET before the window closes — whenever that may be.
