What is Meteora?

Meteora is DeFi first dynamic yield infrastructure, starting with highly capital efficient AMM pools built on top of this new layer. The liquidity of any protocol built on this yield infra can be allocated to various lending platforms, and the ratio is adjusted dynamically every few minutes for yield optimization.

In Meteora:

• User can deposit to get aggregated yield from various lending platforms

• AMM protocol can build on top of vault for higher yield 

• DAO treasury can use the vaults to manage their funds.

The system will consist of 4 main components:

• Vaults: To consolidate the common tokens across all protocols and provide liquidity for the lending protocols.

• Yield Optimizer: To track APYs across the various lending protocols and dynamically adjust the allocation ratio for maximum yield.

• AMM Module: Set of APIs to allow easy integration between AMMs and the yield infrastructure

• Reward Handler: To claim yield from the lending protocols, which will be distributed to the LPs and stakers.

Meteora vision for $MET is to be a community token to revive confidence in Solana DeFi. $MET will be the key economic driver for Meteora’s dynamic yield layer. Backed by the Meteora platform, the token will grow and gain value as the platform grows to become the capital allocation layer for Solana.