When, hours after FTX Group declared bankruptcy in November, a hacker sacked the exchange’s ruins, they also snagged a major haul of MER tokens then worth $800,000. That heist gave Mercurial’s team a pretext to revamp the entire protocol, Chow said. (The hacker’s address is being blacklisted from the airdrop, as are all associated with FTX.)
Solana DeFi Project Mercurial to Relaunch as ‘Meteora,’ Replace MER Token
