The MetaDAO community has initiated a proposal to "sell up to 2 million META at market price or with a premium."

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On October 16, the MetaDAO community of the Solana ecosystem governance project released a proposal to "sell up to 2 million META at market price or premium." The proposal includes that Proph3t will represent MetaDAO to sell up to 2 million META at market price or premium, and this portion of the tokens will be newly minted. There will be 30 days to complete the sale, and the proceeds in USDC will be deposited into the MetaDAO treasury, while any unsold META will be burned. All transactions will be publicly disclosed within 24 hours, including counterparty, transaction size, and transaction price.

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