Upbit, one of South Korea's largest cryptocurrency exchanges, has announced the listing of MetaDAO (META2), a blockchain project based on Solana. According to the exchange's official statement, META2 will become available to users on July 29 in trading pairs with the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT).
According to the announcement, deposit and withdrawal services for META2 will be activated within two hours of the announcement's publication. Spot trading is scheduled to begin on July 29 at 16:30. Upbit also stated that the start time may be postponed if there is insufficient liquidity.
The exchange emphasized that users can only deposit and withdraw funds via the Solana network. Asset transfers through other networks will not be supported, and refunds for such transactions may take a long time. It was also announced that the META2 token will be listed under the symbol "META2" to avoid confusion with the already traded Metadium (META) token.
MetaDAO stands out as a platform developed on the Solana blockchain and operating on a market-based governance model. Unlike traditional Decentralized Autonomous Organizations (DAOs), MetaDAO aims to evaluate the impact of community proposals on the project not only through voting but also via a market price mechanism.
The platform integrates fundraising, token launches, and community governance into a unified system on the blockchain, and the META2 token is used in various transactions within the ecosystem, primarily for participation in governance processes.
Upbit reminds users to verify the correct network and smart contract address before conducting transactions and emphasizes the need to comply with the rules established within the framework of "Travel Rule" regulations.
*This is not investment advice.
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