Many are expecting a two-month lockup, but that's roughly equivalent to the current 1B morpho pool in Merkle, where a daily deposit of 10k is equivalent to a 0.33% reward APR.
To achieve a 10% deposit APR for a 1B TVL, you'd need to deposit $16.6m in two months, or $274k per day. A 20% deposit would double that...
Even Plasma, which is currently experiencing absurdly large Taedonggang investment, is smaller than that.
Stable started with 500m of insiders, so there's hope that they won't dump and have a "crime season." However, MegaETH is clearly only being invested by retail investors (many of the top accounts are even well-aged kimchi accounts). Most are dumpers, and CBB is a well-known dumper, of course.
Plus, there's a huge sale volume. Feeding all these people and raising the stakes? That's impossible unless you're willing to spend a ton of money. The most likely scenario is to drop the price below the sale price, forcing all the sale participants and Edjak to cut their losses, and then roll back the price.
It's a shame not to deposit a large sum, so maybe they'll just drastically scale back the original plan?
*While writing this, I reduced it to 500m?! Then I'll say, "Oh, I'm going to gradually increase it," and then I'll probably increase it again.
