M3M3 and $MET serve distinct yet complementary roles within the Meteora ecosystem. M3M3 is primarily designed for governance, allowing token holders to participate in decision-making and protocol improvements. On the other hand, $MET plays a crucial role in liquidity provisioning and market-making functions within Meteora’s decentralized exchange framework. Together, these tokens create a balanced economic model where governance aligns with liquidity incentives, ensuring long-term sustainability. Participants should evaluate each token’s utility and its impact on the broader ecosystem before making investment or staking decisions.