星球日报|Apr 23, 2026 16:38
[MegaETH to Conduct TGE on April 30]
Odaily Planet Daily News: MegaETH announced that it has completed its first Key Performance Indicator (KPI), with 10 'Mega Mafia' applications within its ecosystem officially launched, and it will conduct its TGE on April 30. Reportedly, MegaETH previously tied its token release mechanism to actual business performance rather than the traditional time-based unlocking model. The first KPI required the applications to demonstrate real user interaction capabilities, including conditions such as a cumulative transaction volume of over 100,000 transactions within 30 days for a single application, which has now been achieved. A co-founder of MegaETH stated that this move aims to ensure the network has real use cases and an economic cycle in place before the token issuance, rather than relying solely on market expectations. Currently, the MegaETH ecosystem has incubated approximately 30 projects, covering areas such as stablecoin payments, yield tokenization, and on-chain lending. The total supply of MEGA tokens is 10 billion, of which 53.3% will be gradually released based on subsequent KPIs. (The Block)
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