MegaETH (MEGA)

After reviewing the Terminal data, we’ve decided to conclude the season early, and sunset our Terminal program. The points distribution for Week 3 has gone out as normal and a snapshot has been taken of all user activity up to this point, which will be used in our final calculations. This decision did not come easy, but we believe this is what’s best to support our ecosystem. Next week, we'll run a supplemental points distribution to thank all users who have been exploring and experimenting with the different apps throughout the program. Eligible Terminal participants will receive a share of the rewards pool in USDM, based on the points accumulated to date as well as activity that supported Mega. Early next week, we'll open a place on Terminal for one week so you can designate a wallet address to receive your rewards. Terminal’s main features will be merged with Rabbithole, transitioning everything into one unified chain experience. Thank you to everyone who has supported us this far. We can’t wait to

Megaeth post-TGE so far: - $MEGA is down more than 50% from launch - USDm supply is down around 50% from ATH - Less than 10k daily active addresses, so actual user activity is likely even lower To sustain USDm TVL on Aave, they are currently paying around 550k–600k MEGA per day in incentives, while 260M USDm is generating only ~$20k in revenue So they are effectively spending nearly 3x more than what the system is earning The ecosystem is still very new, but rn it feels like they are heavily incentivizing USDm supply without enough real demand from the ecosystem to support that level of liquidity (the team likely has a longer-term thesis behind this strategy, but so far the results dont seem convincing) Another issue is that the MEGA token itself is the core variable behind Flux, Terminal, and USDm growth, with the token performing poorly, activity across the ecosystem has also started slowing down & we also shouldn’t ignore that less than 4% of total supply was distributed to the community at TGE, de

🌋 A Mega thread on @megaeth Terminal & points ⚠️No exact details on rewards 🪙But as per tokenomics 2.5% supply for mainnet campaign 📅Season 1 - 28 April to 23 June 2026 🎁At the end of a season, there will be rewards for eligible users 🗓️8 weeks 🪙Points calculated weekly activity Tuesday snapshot 🪙Points Distributed Wednesday 🪙Points based on app interaction ⚠️All apps & interactions won't give points 🌊Wave 1 ends on 30April 👾6 apps live 👇Steps 1️⃣ Bridge 🔗 https://t.co/L6cy2QXfh7 ✅Bridge some $ETH & $USDM 2️⃣Terminal Sign up 🔗 https://t.co/JqgpFafNBa ✅Signup with wallet 3️⃣Explorer Terminal ✅Check all options ✅Click on icons on map to reveal apps ✅6 icons reveal 6apps ✅Interact with them for weekly points 4️⃣ @hitdotone 🔗 https://t.co/YMCBdgp3Ip ✅Sign up with email ✅Link account to terminal, so points update for account ✅Deposit some $USDM ✅Start playing by selecting amount u want to use & click icon ✅If u lucky u win or u loose ✅Close position when u want ⚠️Don't do with big funds 5️⃣ @kumbaya_xyz 🔗

After reviewing the Terminal data, we’ve decided to conclude the season early, and sunset our Terminal program. The points distribution for Week 3 has gone out as normal and a snapshot has been taken of all user activity up to this point, which will be used in our final calculations. This decision did not come easy, but we believe this is what’s best to support our ecosystem. Next week, we'll run a supplemental points distribution to thank all users who have been exploring and experimenting with the different apps throughout the program. Eligible Terminal participants will receive a share of the rewards pool in USDM, based on the points accumulated to date as well as activity that supported Mega. Early next week, we'll open a place on Terminal for one week so you can designate a wallet address to receive your rewards. Terminal’s main features will be merged with Rabbithole, transitioning everything into one unified chain experience. Thank you to everyone who has supported us this far. We can’t wait to

so megaeth terminal comes to an end faster than expected I managed to finish at rank 2037 the current point system was rewarding gamblers and whales; you had to burn a lot of capital to climb the ladder didn't burn much money to be honest, so I expect the distribution will happen based on ranking and not based on points lol hope that shutting down the terminal will boost somehow $mega price

my MegaEth terminal experience - finished rank 1666 - 363 total points - highest weekly score was Week 3 with 229 points - best apps: hitdotone and euphoria - lost over $700, mostly from holding $MEGA spot bags and LPing for points overall sentiment: - MegaEth is really a real-time chain - apps felt more like on-chain gambling - a few apps were genuinely fun - i doubt anyone is getting rich off any current app on the chain looking forward to what’s coming… what were your favorite apps on MegaEth, and would you still use them without incentives?

MegaETH Terminal is shutting down, but we're ending the season with a banger. +29,000 points and a top #30 rank. Overall, I lost about $5k USD, with the biggest losses coming from Hitone (-$1k USD), Monster (-$1k USD) and GMX (-$2.5k USD due to liquidation). So now I'm hoping for at least $0.25 per point, so it wasn't all a complete waste of time. Overall, there are actually some good apps on there. I still think shutting down the Terminal is a mistake tho

After reviewing the Terminal data, we’ve decided to conclude the season early, and sunset our Terminal program. The points distribution for Week 3 has gone out as normal and a snapshot has been taken of all user activity up to this point, which will be used in our final calculations. This decision did not come easy, but we believe this is what’s best to support our ecosystem. Next week, we'll run a supplemental points distribution to thank all users who have been exploring and experimenting with the different apps throughout the program. Eligible Terminal participants will receive a share of the rewards pool in USDM, based on the points accumulated to date as well as activity that supported Mega. Early next week, we'll open a place on Terminal for one week so you can designate a wallet address to receive your rewards. Terminal’s main features will be merged with Rabbithole, transitioning everything into one unified chain experience. Thank you to everyone who has supported us this far. We can’t wait to