Meteora: DAMM V2 now features market capitalization-based transaction fees.
AI Summary1 min read
TL;DR
Meteora's DAMM V2 introduces market cap-based transaction fees on Solana, reducing fees as projects grow to enhance sustainability and deter snipers. Creators can now set custom fee curves to support token lifecycle stages.
Tags
MeteoraDAMM V2transaction feesSolana ecosystemmarket capitalization
PANews reported on December 27th that Meteora, the liquidity protocol within the Solana ecosystem, announced on its X platform that DAMM V2 has launched market capitalization-based transaction fees. This feature will allow transaction fees to gradually decrease as projects grow, supporting long-term sustainability and deterring snipers. Meteora added that creators, deployers, and launchers on the platform can now define custom fee curves based on market capitalization to support every stage of the token's lifecycle.