Meteora has officially released its Season 1 Points Checker, enabling users to verify their eligibility and accrued rewards under the platform's LP Stimulus Plan.
The program began in December 2023 and has now spanned nearly 600 days. The release of the checker follows the previously announced snapshot date of June 30, 2025, which marked the end of Season 1 and the beginning of Season 2.
The airdrop and token launch have been long-awaited, especially after co-founder Ben Chow stated during a December 2024 X space that the $MET token generation event would not happen 'anytime soon', a decision that drew backlash from some early participants. Meteora Co-Lead Soju has since stated that the $MET token is expected to launch before the end of Season 2.
The checker displays point balances for both 2024 and 2025 activity. Meteora confirmed that the program distributed 1,000 points for every dollar in trading fees and 1 point per dollar of daily total value locked (TVL).
While many users now have access to their points, not all addresses meet the thresholds required for the upcoming $MET airdrop. The team emphasized that users who see a low points balance likely fall below the eligibility cutoff.
Community Feedback Highlights Mixed Reactions
Initial reactions to the Points Checker have been mixed, with some users raising concerns about perceived inconsistencies while others praised the platform’s approach to fairness.
On the Meteora Governance Forum, one user noted discrepancies in their 2024 points despite having actively provided liquidity since April 2024. They pointed out that their 2025 points seemed more accurate and suggested that switching wallets may have influenced how points were tracked.
Another long-term user expressed disbelief at their low 2024 points balance, stating they had earned significantly more in fees than the points reflected.
Both forum comments highlight frustration among early adopters who believe their past activity was undervalued.
In contrast, several posts on X supported the project’s filtering logic. One user commended the decision to exclude wallets that minted tokens and also provided liquidity, describing it as a fair response to pump-and-dump behavior.
Another post praised the zeroing out of known exploiter addresses, calling the move “based.”
Other users took a more measured stance. One individual noted that they had accrued 660,000 points without actively farming, and that others were reporting multi-million-point totals. They interpreted this as a sign of fair distribution, albeit with a broad range of outcomes.
The feedback suggests that while some power users question the accuracy of the calculations, others recognize and support the effort to maintain fairness and exclude manipulation.
Meteora also cautioned users against relying solely on third-party checkers for appeals. The team encouraged users to submit detailed appeals, including wallet or pool addresses, for further review.
Filtering Criteria
Meteora implemented a multi-layered filtering process to eliminate inauthentic activity from its points campaign. The team excluded liquidity pools with less than $500 in TVL and trading volume, and required a minimum of 10 daily Jupiter trades to confirm retail interest. For DAMM V2 pools, Meteora filtered out those with significant imbalances between base and quote tokens. The protocol also removed pools associated with over $3 billion in artificial fees.
Additionally, tokens were blacklisted if their mint authority was controlled by a liquidity provider, or if the token had a high concentration or few holders. Jupiter Verified Tokens were exempt from some of these criteria.
As of August 1, Soju announced that the team had reviewed submitted appeals and approved those with legitimate X accounts that demonstrated clear retail usage behavior. Users who were previously flagged are encouraged to check the Points Checker dashboard to verify if the flag has been lifted. Meteora plans to continue approving appeals on a rolling basis.
Users who have not yet submitted an appeal can still do so. The team emphasized that flagged status does not necessarily mean disqualification, but further review is required.
Soju also confirmed that complaints about TRUMP-SOL pools were addressed. These pools had been reported by users, and Meteora confirmed their inclusion in the Points Checker results as valid.
Next Steps Toward TGE
With the Points Checker now live and the filtering process in place, Meteora moves one step closer to launching its $MET token. The team plans to finalize appeals before the token generation event, with updates to be shared through the points or airdrop checkers.
Season 2 of the LP Stimulus Plan is already underway, featuring changes aimed at refining user incentives. Community feedback and appeal submissions will likely influence how Meteora continues to adapt its blacklist mechanisms moving forward.
Read More on SolanaFloor
Helium Launches Helium Plus, Turning Public Wi-Fi into Decentralized Infrastructure
Solana ETFs Eligible for Approval by September 17 Under Cboe’s Proposed Listing Requirements
How to Qualify for Crypto Airdrops?
