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MegaETH, TGE after proof!? + Mainnet Launch 1. TGE and Lockup Criteria - Criteria: After the mainnet launch today (February 9), TGE will begin 7 days after one of the three KPIs is achieved. - Lockup: For those who selected a 1-year lockup during the sale, one year will begin counting from the TGE date. 2. Three Key KPIs (Performance Indicators) - KPI-1: USDM Circulating Supply Exceeds $500M (30-Day Average) - KPI-2: 10 Apps Activated (Cumulative 100,000 Transactions) - KPI-3: Daily Fee Revenue from 3 Apps Reaches $50K ※ Tracking on the official dashboard starting February 9 (link) 3. Echo Sale, Fluffle, and Sonar Participants - Receiving: Echo, Fluffle, and Sonar participants will receive 20% of their tokens on the first day. - Buyback: USDM earnings (estimated annual rate of 3.75%) The MEGA buyback through this platform is designed to serve as a downward support level for the ecosystem. The 500M threshold for KPI1 could be quickly surpassed with a rewards program like USD1 (but only if the 30-day weighted average is high). The USD1-only event also boosts supply, leading to a surge in USD1. When the event launches, just throw USD1 in and go! *USDm utilizes Ethena's infrastructure to safely bring BlackRock's government bond yields into the MegaETH ecosystem. It generates a stable annual interest rate of 3.75% to 5%. As the USDm circulation increases, the total interest amount increases, and the amount of MEGA purchased also increases.

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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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