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@Mega_Ecosystem @hotpot_dao @bread_ Thanks for this!

Today, MegaETH hosted its 13th AMA. Over 100 people tuned in to hear @hotpot_dao and @bread_ share the latest updates on the apps, TGE, KPIs, AI, the Reward Campaign, and much more. They also took the time to answer all your questions. Here is everything you might have missed: 1/ On App Deployments: Apps are rolling out slowly, with many already running in large-scale private beta for those who want to try them. Most delays stem from real-world coordination. It is something often underestimated when aligning all stakeholders in launching a chain and its ecosystem. The team avoids forcing apps to launch just for day-1 optics. Since apps are the real differentiator, MegaETH team prefers giving apps time to ship meaningful products rather than rushing half-ready ones. Many launches are timed together because apps don’t succeed in isolation. Lending, deposits, and other protocols need each other to create a functional ecosystem. 2/ On Token Timing & KPIs: The team has been constantly evaluating the right timing for the TGE, weighing when the token could launch in a way that truly makes sense. They wanted to ensure the token is positioned to succeed, with a strong foundation and a thriving ecosystem that incentivizes participation in proximity markets. Team set achievable KPIs to ensure progress happens reasonably fast, without dragging things out or creating fatigue. Being crypto natives, they aim for a measured rollout that balances ecosystem activity with token utility, rather than an endless grind. Several apps are preparing to go live soon, including Euphoria, Hit One, World Markets, Brix, and Supernova. 3/ On Pre-Deposit Bridge Fail: The cancellation was based on a clear cost-benefit analysis. Holding $500M for months with nothing to deploy it into would be wasteful. From a business perspective, MegaETH would have been “renting” that money without apps or ecosystem ready to deploy it. Paying incentives on idle capital is just a cost with no benefit. The goal is to prioritize velocity, productivity, and ecosystem activity, so returning the money was responsible. Finally, the team is actively fixing the bridges to mainnet. A 1:1 bridge solution to complement the multiple low-slippage options listed on Rabbithole is coming. 4/ On the Reward Campaign: The incentive program is actively being built. MegaETH does not want to incentivize anything until there are apps worth bridging funds for. People can complain or FUD all they want, but without live apps, incentives have no purpose. Now that more apps are going live, the team is comfortable moving forward and is optimist for April. Instead of just placing icons on apps, MegaETH team is building a fun experience where users can strategize by combining protocols to unlock more points and benefits. Similar to Blast, the aim is to give people reasons to return repeatedly over 6–8 months. The focus is on keeping it fun, relevant, and spread across multiple apps so users continuously have new things to explore. 5/ On the Internal Reorganization: During the road to mainnet, MegaETH hired several people to take on pending tasks. New hires picked up tasks along the way to help ensure a successful mainnet launch. Now that the chain is live, the team has reorganized to focus on maintaining and growing the ecosystem. As part of this reorganization, Bread became Head of Ecosystem and new hires joined to strengthen areas such as marketing. Finally, MegaETH has shifted to a product-centric company. All decisions are now guided by the user perspective, with the principle of building only what users genuinely value. 6/ On AI Integration: Internally the team is heavily leaning into AI, with a mandate to use it to “10x” productivity. MegaETH’s lean team (~50 people, mostly engineers) can stay efficient without bloating headcount like other older ecosystems. On the ecosystem side, MegaETH is focusing on integrating AI primitives and emerging standards (ERC-8004, ERC-8128, x402) while providing tools for builders. For example, the « Awesome MegaETH AI » GitHub is the official repo for AI skills on MegaETH. Developers can create skills that agents use to interact with protocols, accelerating AI experimentation on-chain. 7/ On New Asset Strategy: Besides AI, net-new assets are seen as key drivers to bring users to the chain. Instead, they target exotic assets, like Brix’s iTRY, giving users meaningful ways to express trading theses. The strategy is to bring in assets other platforms cannot, making MegaETH a hub for differentiated offerings. A dedicated team member owns this vertical, working globally to bring in unconventional assets that drive real engagement. 8/ On ICO Fund Use: Building and launching a chain is expensive. The majority of the funds raised goes to apps and their dependencies or to team compensations. Every app comes with infrastructure dependencies. For example, Aave will not deploy unless certain oracle setups, liquidity conditions, audits, and integrations are in place. As a result, the team must then build X, Y, and Z infrastructure for each app and quickly costs add up to millions per app, often yearly. 9/ On GTM & Content Strategy: The GTM team is now led by Bro Bing with a new hire helping with content and messaging. The goal is to be thoughtful about how MegaETH appears online. Currently, timelines on X favor geopolitics and AI doom content, while crypto gets less algorithmic attention. The strategy is to counter this with quality content supporting apps through funny, casual, non-cringe storytelling. The team is experimenting with formats like Hit One videos and written pieces. MegaETH is also expanding beyond crypto-native distribution with a New York–based creative agency. With this creative agency, MegaETH is exploring Web2-style content and distribution, leveraging top creatives rather than doing everything internally. 10/ On Fluffles: Fluffles will be brought to MegaETH so they can be represented and queried on-chain. Higher-priority initiatives like the Reward Campaign and other product launches take precedence for now. It remains on the roadmap and will be addressed once time-sensitive items are delivered.

@alphaleaked @Moonshot211 @ImperiumPaper what the hell, this is so stupid

@Moonshot211 @ImperiumPaper To be able to borrow you just need to enable the e-Mode before supplying ETH

What accounts for there being close to 0% borrow rates? Not enough size? Not the preferred collateral assets? Borrowers aren’t aware?

@Moonshot211 word

on megaeth aave market, you can deposit eth, weth or wsteth, but none of them can currently be used as collateral so 3 basic looping strategies are not possible: 1/ leverage long on eth: supply wsteth, borrow usdm, swap usdm for wsteth, repeat 2/ leverage short on eth: supply usdm, borrow eth, swap eth for usdm, repeat 3/ increase staking yield on eth: supply wsteth, borrow eth, swap eth for wsteth, repeat with no borrowable assets, utilization stays near zero, which keeps both borrow rates and lending rates close to 0

@Moonshot211 @ImperiumPaper Yes! I've tried to tell the team many times..

@ImperiumPaper eth or weth cannot be used as collateral:

@ImperiumPaper I've told the team many times before, you somehow cannot borrow against ETH. Can you please fix this?

@awasunyin Pretty good list, can confirm

some of my favorite ski destinations in switzerland: 1. nendaz (4 valleys): for longer stays e.g. 2+ weeks, larger and cheaper chalets, lower-key than verbier and livable village, world-class skii instructors who all started skiing before they could walk 2. flims (laax-valera): right next to the highway so super easy to get to, modern lifts and comfy facilities (best locker room ever), good for avoiding crowds and very family friendly. laax kinda sucks, so stay in flims the village is lovely and do day trips to falera 3. zermatt: i mostly go there when family visits because they want to flex to their friends, there's obviously something about going to +4000m and being able to skii italy and back. also very recommended if you're going with non-skiers, because they can go around with gondolas you can meet up pretty much everywhere and have lunch 4. arosa: for shorter skii trips (<4 nights) the drive up to the village is a bit harsh (lots of serpentines), but it's worth it. stay at the tschuggen grand hotel, the tchuggen express (private lift to the mountain) runs during times where the public lifts are closed, so sometimes you get the mountain for yourself - also one of my favorite spas in switzerland 5. hoch-ybrig: great for a day trip, super local, no bs, drive straight to the parking lot, get changed there, take the lift and straight to the slopes – no village: drive-ski- have lunch on the montain-ski-drive back 6. zugerberg: it's just a 10 min drive for me, so when I miss the snow i drive there and realize that you can't really skii so it motivates me to go to any of the above

@bread_ @JoestarCrypto @avon_xyz Why can‘t you still not borrow against ETH on Aave??

There's only one or two teams who have deployment capabilities but are waiting for others, and that's defi legos like @avon_xyz who need reason to borrow/loop. As the independent protocols (World, Euphoria, Brix, GMX, Supernova, et al) come online they'll coordinate so that they don't waste their marketing a deployment efforts. Tldr - it's not some mass thing and is instead a spot decision.

Megaeth is in a Mexican standoff rn I’m watching every solid project there, they’re all waiting for more activity before deploying The problem? If no one moves, nothing happens Either these projects finally launch, or something big kicks off the flywheel (like a major Megamafia launch) For now, everyone’s just waiting for something to happen

@Moonshot211 @DefiIgnas Can you please tell Aave to allow borrowing against ETH?

@DefiIgnas it has already been said there will be a campaign, but you need more apps deployed to start it

Unpopular take: MegaETH should launch a points campaign to drive activity. Points and airdrops are taboo after high FDV launches and mercenary capital leaving post-TGE. But the market is different now. First, MegaETH points would be THE talking point of CT because nothing else is happening onchain. They'd have total attention monopoly. Capital wants to flow somewhere but R/R looks bad everywhere. Second, we learnt lessons on what works. Or more on what doesn't. I liked Sonic's campaign for deploying dApps. Teams are struggling for funding, and shutting down. Thus MegaETH would be a lifeline for projects that are innovative but short on capital. I'd be careful to only incentivize non-fork, unique dApps that fit MegaETH's technical and cultural profile. Kamino's point campaign also got it right by incentivizing only critical pools instead of broad all-TVL incentives. Not all TVL is equal. Some pools are important for lending markets, DEXs and perps. Liquidity begets liquidity. Without deep liquidity whales won't join. Without incentives retail doesn't care. Third, incentives don't need to be outrageous. During peak bull, lending and borrowing costs were high so projects competed for liquidity with high token rewards. Now rates are down. A modest airdrop allocation would do the job. Even 2% to 5% extra yield on stables would do wonders for TVL. The fatigue for points is understandable. But they solve the chicken and egg problem of liquidity. And even if capital leaves post-TGE and MegaETH fails to maintain TVL, it will at least quickly validate MegaETH's and their ecosystem's PMF. Right now it just lacks inertia.

@0xbeiu @worldmarketsinc Looking forward to using it

One of the best DeFi apps created this cycle will be @worldmarketsinc on MegaETH I am still exploring it and learn its corners cause i'm ngl, it feels complex at first But after using it daily I started to love it Only after clicking it you realize how big of a deal is to be able to do more with your $ This is still in beta and will get even better, but if I were you...I would try to get on it and FAFO I opened some lend limit orders and a levered basis trade that gave me WETH on spot and WETH short. All with the same 600$

@bread_ Can you please tell Aave to allow borrowing against ETH?

DL has a few more updates since yesterday, but still not showing all apps + metrics yet. Back to the telegram mines for me until it's all synced

@munchPRMR Tax evasion?

Why do people want to own equities onchain vs in a broker anyways? There is no insurance on your account if you hold Google in your wallet on Hyperliquid… But there is if you do it on Robinhood. The only thing that makes sense to me is for trading, not holding these assets for any meaningful long term play.

@0xngmi MVP

This person lost his entire net worth, a mid-six-figs portfolio, in a single tx because of a scam uniswap ad on google I've spent years trying to stop these losses, I've built 5 different products to stop this pls use search.defillama.com to get a safe link

@hotpot_dao Can you please tell Aave to allow borrowing against ETH?

I have a ton to say about our approach. It’s indeed the hard road but I really think the day of someone launching a chain along with a token is long gone One needs to earn their token

@NamikMuduroglu @heart_ Can you please also tell Aave to allow borrowing against ETH?! Wtf is this?

@heart_ DeFi Llama is wrong x.com/bread_/status/…

> "MEGA" eth > look inside > 58K DEX volume 🤏

@bread_ @kumbaya_xyz @PrismFi_ Can you please tell Aave to allow borrowing against ETH?! Come on man

.@kumbaya_xyz and @PrismFi_ For the love of god update your DefiLlama adapters plz for mi familia

@SweetcheeksReal It‘s not a company

ETH is a 237b company that generates 34,528$ revenue in 24 hours Explain to me why this shouldnt go to zero

@DivyaSagar27065 @Euphoria_fi For me?

@YieldGod @Euphoria_fi I have a code

12 hours in and you guys are already COOKING 🔥 First daily prize goes to: 🏆 mewtwooooooooooo DM us to claim $100 for hitting the largest payout of the day - $4,901 in a SINGLE TAP! Still not in? Drop a comment below. DM'ing 50 codes then we'll see you tomorrow for day 2.

We really need more liquidity on DEXs for relevant tokens on @megaeth: - stcUSD / USDm - wstETH / USDm - ezETH / USDm - wrsETH / USDm Come on guys, those are essential @capapp @bread_

@aave @megaeth Why is borrowing not possible??

Aave is live on @megaeth.