MetaDAO wallet

What is MetaDAO (META)?

Most DAOs count votes. MetaDAO counts prices. It is a Solana-based organization governed by futarchy: every proposal gets a pair of conditional markets, one for "passes" and one for "fails", and the proposal is adopted only if META trades higher in the pass market than in the fail market over the evaluation window. META is the token those markets are priced in, so holding it means holding the unit of account for every decision MetaDAO makes. Beyond its own treasury, MetaDAO acts as a launchpad: new projects raise capital through it and start life under the same futarchy rules.

What this means for a holder is that META in your wallet is not a ballot. Taking part in a decision means depositing META into the proposal's vault, receiving conditional tokens for the pass and fail outcomes, and trading those against the conditional USDC in the two markets. When the proposal finalizes, the conditional tokens of the winning outcome redeem back into META and the losing ones expire. If you never do this, nothing changes: your balance sits still, there is no rebase and no accrual, and the only thing that ever moves is what you send.

On the practical side, META is a standard SPL token. Transfers, vault deposits and redemptions are all paid in SOL, so a little SOL has to live at the same address, and the first time META arrives at an address the network creates a token account for it with a small rent deposit. The ticker deserves a second look: several unrelated tokens on different chains also call themselves META, so what matters is the MetaDAO mint on Solana, not the four letters.

A governance token is a long hold with an occasionally used key, and that is where a card fits. The key that controls your META is generated inside the Tangem card and never leaves it; a second card carries the same key as a backup, and a seed phrase is something you can add, not something you must write down. Between proposals the card can stay in a drawer, and when one comes up you tap to sign the deposit and the redemption from the same address. For a token whose whole point is patient participation, that is the right shape of custody.

Supported networks in Tangem (1): Solana.