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Some of the $MEGA unlocks in Flux are essentially calendar money

CN
Ignas | DeFi Research
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3 hours ago
AI summarizes in 5 seconds.

Some of the $MEGA unlocks in Flux are essentially calendar money.

The Ethereum Uptime KPI has 3 tranches gated on Ethereum being live for 11, 12, and 13 years.

Ethereum launched July 30, 2015 so the first 25M $MEGA tranche ($3.76M) unlocks July 30, 2026.

About 3 months away.

If Ethereum has downtime, these tokens stay basically locked lol (never happened before!)

Plus, 25M $MEGA unlocks when Ethereum's Glamsterdam hardfork launches, as soon as June but likely later.

Another low-hanging fruit is block times: 50M $MEGA unlocks if/when 90% of miniblocks are below 12ms blocktime for 30 days.

Easily clocking 10ms most of the time.

Bearish and low mainnet load actually help this KPI clear faster.

Similarly, we'll get 50M if there's no >5-minute block production pause (except scheduled maintenance) in past 1 month.

Can Mega deliver? Hope for no hiccups!

But the first 50M $MEGA tranche likely unlocks when USDM reaches $500M supply.

It's currently at $358M. Megaavethena does heavy lifting here.

So, we should get 200M $MEGA (~$30M) unlocking for Flux stakooors within a few months.


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Selected Articles by Ignas | DeFi Research

22 hours ago
You can \\\'lock\\\' $MEGA to receive more $MEGA when MegaETH KPIs are reached
23 hours ago
Hope MegaETH succeeds:Mega still targets crypto natives with CT cultured marketing
1 day ago
Good that Binance listed $MEGA despite NOT getting paid
View More

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