MegaETH outlines four KPIs determining release schedule for 53% of MEGA token supply
Summary
MegaETH co-founder Namik Muduroglu clarified that the release schedule for over half (53%) of the 10 billion MEGA token supply is contingent upon achieving major protocol milestones, rather than a fixed time-based unlock. This approach aims to address concerns over "low float / high FDV" tokenomics by ensuring supply enters the market as a function of success. The four Key Performance Indicators (KPIs) determining unlocks are: ecosystem growth (measured by TVL and USDM supply), MegaETH decentralization (using Vitalik Buterin's L2 stage model), performance (bandwidth/latency), and Ethereum decentralization (including milestones like private order flow and client diversity). Tokens will be distributed to holders who have elected to lock their MEGA as these KPIs are met, rewarding conviction in the project's success. If KPIs are unmet, the tokens will remain locked, subject to potential future governance.
(Source:The Block)