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