[MegaETH: Refund of Pre-Deposited Funds] According to a report by Jinse Finance, MegaETH's official account posted on Platform X stating, 'We have decided to refund all funds raised through the pre-deposit bridge. Due to careless and hasty execution, the outcome does not align with our goal of ensuring a 1:1 USD exchange on the mainnet backed by pre-deposit collateral. The subsequent impacts of this decision include: 1. Contributors' deposits will not be forgotten. However, all communications must comply with regulatory standards (i.e., 'At this stage, we must adhere to best practices in information disclosure'). The refund process will require a new smart contract, which is currently under audit. Refunds will be issued as soon as the audit is completed. 2. USDm is a crucial component of the MegaETH economy and will be supported by various Frontier applications. Therefore, we will reopen the USDC-to-USDM conversion bridge before the Frontier mainnet launch to deepen liquidity and simplify the user registration process prior to the launch.'