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MegaETH hits first KPI with 10 apps live, starts seven-day MEGA token countdown

The Block
MegaETH has launched 10 apps, triggering a seven-day countdown toward its MEGA token generation event based on performance-linked KPIs.

Summary

MegaETH has reached its first key performance indicator by launching 10 applications on its Ethereum scaling network, initiating a seven-day countdown to the MEGA token generation event. Unlike traditional time-based vesting, the project is tying token emissions to measurable growth metrics, such as stablecoin supply and application revenue. With a fixed supply of 10 billion tokens, MegaETH aims to ensure the ecosystem possesses real-world utility and economic activity before the token launch.

(Source:The Block)