Let me do some TL; DR on $MEGA decision to use KPI.
When is TGE? There is no fixed date.
TGE triggers 7 days after the ecosystem hits ONE of these three targets (Tracking starts Feb 9th):
→ Liquidity: $500M USDM circulating supply.
→ Adoption: 10 "Mafia" apps fully deployed (>100k txs).
→ Revenue: 3 apps earning $50k/day in fees for a month.
—
This is presented us with Bull vs Bear scenario:
— Why Bullish?
→ Perpetual Buybacks
Revenue from $USDM is legally bound to buy back MEGA.
→ Monetizing Speed
Institution, high-frequency traders and arbitrageurs must bid in MEGA to get <1ms latency (Proximity Markets).
→ No Vapourware
The token won't launch until the chain actually works and has users. (the most important one)
— Why Bullish?
→ KPI Purgatory
These targets are aggressive with current market condition. If the ecosystem fails to gain traction, TGE could be delayed indefinitely.
→ L2 Saturation
Convincing users to move $500M liquidity to a new chain in 2026 is a massive uphill battle but not impossible.
Bottom line, @megaeth is a bet on performance, not hype. If they hit the KPIs, the buy-pressure mechanics are designed to send the token only one way: Up. If they miss, there is no token to dump.

MegaETH
@megaeth
02-06
Buybacks, Proximity Markets and TGE
The MEGA Token will be integral to the MegaETH ecosystem.
Once launched it will have 2 immediate core functions:
1. $USDM yield will purchase MEGA
2. Entities bid with MEGA to colocate with the sequencer (Proximity Markets)
We've set KPIs

I like how they went ahead with this. Also have seen quite bearish posts on this approach by few folks who’re just here for extraction haha
Agreed, they want max extraction but disguised it as unfair 🤣
FML, some typo, should be bearish case not bullish case.
can MegaETH reclaim retailers trust
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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