Rewards Hub MegaETH co-founder Namik Muduroglu announced that 53% of the MEGA token supply will be unlocked upon reaching significant protocol milestones. These milestones include MegaETH's total value locked (TVL), L2 decentralization, protocol performance, and other external milestones agreed upon by the Ethereum community. This strategic move aims to address concerns over token economic models characterized by low circulation and high fully diluted valuation (FDV).
MegaETH to Unlock 53% of MEGA Tokens at Key Protocol Milestones
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