TechFlow to a report by The Block on February 7th, the MegaETH Foundation announced that it will use the yield generated by the USDM stablecoin to fund the MEGA token buyback program. The USDM stablecoin generates yield through its underlying reserve asset, USDtb, a stablecoin issued by Ethena.
In addition, the MegaETH Foundation outlined three key performance indicators (KPIs), including stablecoin circulation and application adoption targets. These indicators can independently trigger MEGA token generation events, and this decision will directly affect the market supply and value of MEGA tokens.
