On January 30th, MegaETH co-founder Namik Muduroglu stated that 53% of the total MEGA token supply will be released upon "significant protocol milestones," rather than according to a time-based unlocking schedule. These milestones include MegaETH TVL, L2 decentralization, protocol performance, and external milestones achieved by the Ethereum community. This move aims to address long-standing concerns about a "low circulating supply/high FDV" token economic model.
MegaETH: 53% of the MEGA token supply will be released when the protocol achieves a major milestone.
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