MegaETH (MEGA)

If MegaETH is just hype, fine. Explain why: > a $101M USDM economy exists on it > $94M trading activity is already flowing through, > and 130+ apps are deploying All before a $MEGA token even exists? I mapped every live and upcoming protocol in the ecosystem. Let's dive🧵 https://t.co/ETMQVIEgQ6

2 types of premarket launches • High FDV launches → $MEGA, $ZAMA 📉 • Low FDV launches → $ESP, $OPN 📈 The market is getting tired of high FDV launches. Easy money in the last bull run created a lot of confidence. Maybe a bit too much. Now the market is voting for low FDV. https://t.co/oPnQINP1Ex

I haven't seen someone saying this but: @megaeth needs to control TGEs of projects on their chain... with goal in mind to minimize extraction & to allow TGEs only after $MEGA TGEs. https://t.co/36cxlqZKqe

- $3M DEX volume - $17K in fees (24h) I think this is completely normal for a chain that didn't make airdrop promises or offer a points program, and where whales weren't promised anything to bring in TVL. There's no rush for TGE until there is enough stuff worth incentivizing... Remember, @megaeth refunded $500M that raced into their pre-deposit vault because they didn't want to set the wrong expectations & give a bunch of tokens to farmers looking for a quick flip. Excited to see perps live or "whaaat, lemme try it" apps like @Euphoria_fi on the chain...

I'm a fan of MegaETH's decision to tie TGE to KPIs ICYMI, their KPIs include: - USDM circulating supply reaches a 30-day average of $500M+ - 10 MegaMafia Apps live with baseline usage - 3 apps with >$50k in daily fees This ensures the MEGA token will have some foundational level of value (and prove out the chain's value prop) before launch. And no token until they get there. If they get there, well, the token would've been a massive failure anyways. Would love to see more protocols take this approach

gMega... The new $MEGA KPIs have just been introduced: - 10 projects must TGE on the chain; at least 8 of them must go to 0 - Bring back the NFT era & remind everyone how it ended on the father chain (Ethereum) - Onboard already existing apps if not successful & reach $50K in daily fees for 1 constructive day

I’ve seen a lot of FUD lately, mostly from people fixated on fee rankings that aren't even being tallied correctly. If we look back at the fundamental design of @megaeth, there are two specific elements that demand our focus, rather than existing rigid frameworks. First: The USDM Revenue Powerhouse If we achieve the USDM KPI, MegaETH can potentially climb to 7th in global chain fee rankings based on annual yield alone, even if transaction fees were literally zero. This is possible because MegaETH captures value through the native yield of USDM, and It will be used to strengthen MEGA's treasury. It may also be used for MEGA's buyback. It’s a paradigm shift: a self sustaining ecosystem that doesn't need to "extract" from its users to be profitable. Second: The Strategic Road to TGE We must monitor the Daily Fee metrics outlined in "The Road to TGE." The dashboard already tracks individual dApp performance, and many high-potential projects haven't even gone live yet. The reason USDM circulation ($500M) and Dai