PANews reported on January 30 that according to The Block, the Ethereum Layer2 network MegaETH has clarified the release rules for its MEGA tokens: 53% of the supply (i.e. 5.3 billion) will be released based on the completion of the protocol’s four key performance indicators, rather than unlocking based on a fixed timeline. The four KPI goals are: 1. Ecological growth: measured by the total locked value of MegaETH and the supply of USDM stablecoins. 2. MegaETH Decentralization: Follows the L2 standardized “phase” model proposed by Ethereum founder Vitalik Buterin. 3. Performance improvement: Increase network bandwidth and reduce latency. 4. Ethereum Ecosystem Decentralization: Includes external milestones such as Ethereum’s private transaction flow, client diversity, and block construction centralization.
Co-founder Namik Muduroglu said that the token will be rewarded to holders who choose to stake MEGA. This means that token unlocks are tied to the success of the protocol, not time. If the KPI cannot be met, the relevant tokens will continue to be locked, and their use may be determined by voting in the future.
According to previous news, the MegaETH public mainnet will be launched on February 9. It is reported that its total token supply is 10 billion, except for 53% for KPI rewards, the rest is allocated to public sale (15%), venture capital (14.7%), team/consultant (9.5%) and foundation (7.5%).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tom Lee: The crypto winter is about to come to an end, and BitMine is accelerating its purchases of Ethereum
Ethereum reserve firm BitMine has recently accelerated its purchases of ETH. Its ETH holdings have surpassed 4.8 million coins, and its asset size has reached $11.4 billion. The company’s chairman, Tom Lee, believes that the mini-crypto winter is nearing its end, and that ETH’s current price does not yet reflect its high usability and its position as a direction for future financial development.
BitMine accelerates buying ETH
BitMine disclosed its latest crypto holdings yesterday. As of April 6, BitMine holds assets worth $11.4 billion, including:
4,803,334 ETH
198 bitcoins
$92 million in Eightco Holdings stock (ORBS)
Beast worth $200 million
ChainNewsAbmedia5m ago
BitMine Holds Nears 4% of Ethereum Supply as ETH Price Hits Weekly High
BitMine Immersion Technologies (BMNR), the publicly traded Ethereum treasury firm chaired by Tom Lee, added 71,252 ETH (approximately $152 million) in the week ending April 5, 2026, bringing its total holdings to 4.803 million ETH valued at roughly $10.3 billion and representing 3.98% of the circulating token supply.
CryptopulseElite6m ago
Whale address 0xA5CB has deposited 60k ETH worth $128.8 million to a certain CEX within the past 4 hours
Gate News update, April 7, Lookonchain monitoring shows that whale address 0xA5CB deposited 60,001 ETH worth approximately $128.8 million into a certain CEX within the past 4 hours.
GateNews58m ago
ETH 15-minute drop of 1.12%: On-chain MEV arbitrage and exchange sell pressure converge to trigger a pullback
2026-04-06 22:45 to 2026-04-06 23:00 (UTC), ETH saw a clear drop within 15 minutes, with the K-line return at -1.12%, and the price range from 2105.5 to 2129.3 USDT, with a swing of 1.12%. During this period, market attention quickly increased; capital flows and volatility intensified; trading volume surged rapidly; and investor sentiment leaned toward caution.
The main driving force behind this abnormal move is that on-chain high-frequency traders carry out arbitrage using MEV (Maximal Extractable Value) strategies through…
GateNews2h ago
ETH 跌破 2100 USDT
Gate News bot 消息，Gate 行情显示，ETH 跌破 2100 USDT，现价 2099.87 USDT。
CryptoRadar3h ago
