MegaETH co-founder Namik Muduroglu announced a new KPI-based reward mechanism to address the structural issues of low liquidity and high fully diluted valuation (FDV). This approach ties token unlocks to actual protocol progress rather than a fixed schedule. Over half of the MEGA token supply will be allocated to high-conviction holders who choose to lock their tokens, contingent on achieving key milestones. The KPIs are categorized into four areas: ecosystem growth, MegaETH decentralization, performance enhancement, and overall Ethereum decentralization. Rewards will be distributed based on the duration of token lock-up, while unallocated tokens will be retained by the foundation to build a treasury.
MegaETH Introduces KPI-Based Token Unlock Mechanism
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