major update on the megaeth TGE:
the foundation will launch the token once one of these KPIs is hit:
- $500M USDm issued
- 10 @megamafia apps deployed (8/10 atm)
- 3 apps generating $50K+ in fees over 30D
also confirmed: 100% of USDm revenue will be used to buy back $MEGA.

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
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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