Dorin

Over 500M USDM is now issued on MegaETH Economic engine loading... ▓▓▓▓▓▓▓▓▓▓░░░ 80%

Update: USDm circ supply is at ~$460M, which would put 7d rewards at ~$270k. Putting that back into the "Holder Revenue" metric chart for DeFiLlama, it puts Mega ahead of very active, mature ecosystems like BNB. Pulling the same stats forward to highlight the disparity between fee-only chains and rewards from a native stable: Amongst Chains DeFi TVL: 12th Transaction Fees: 26th Holder Rev: 6th (!) A few Notes: - When I created this last time, @_stevenhl rightfully pinged about Hyperliquid not being accurately represented. Both HL and ME are going to face the same issues going forward with DL in that the datastructure of the site won't really showcase the true structure of their economics. Both have products atop their chain. "Hyperliquid" is an app on "Hyperliquid L1" and thus when comparing chains-only the vast majority of the revenue from the perps platform is not included. I've combined them here. - Canton's numbers are almost entirely token emissions rather than fee/revenue generation. Do with that what you will. - This chart is purely to help articulate how low the bar is for "value which goes to token holders" wrt chains. Right now, that's basically just the portion of fees burned during block building. Chains with products have very little to do to climb the leaderboard. Solana next.

@hotpot_dao I write to you here, please take care of the token. It is a derisory project that Megaeth has 150m MC circulating.

gonna go off twitter and do some writeup on the news we are announcing next week take care guys <3

@hotpot_dao Take care of the token, this will be your mirror, if you neglect it, the world loses its confidence,

honestly launching a token has been difficult but way easier than launching an ecosystem of apps. growing the megaGDP has been our north star day 1 and will continue to be

who else is chilling in the $500M USDM supply waiting room

@Route2FI I'm here with you 0.18 AVG Cost 💪

Can someone save my $MEGA long? I don't want to end up as a salty bagholder :(

@innocentblack66 $MEGA $0.5 soon

$MEGA is down 32% 70% of ICO buyers are cashing out. been in this space long enough to know the script. the million dollar question is…. bullish or bearish ?

@Route2FI $MEGA 🚀

What is your highest conviction play for the next 6 months?

@zera_chielo @megaeth that's a good thing, that's how $MEGA manages to become big, and solid until rewards start flowing

@DorinInvests @megaeth Yes, I think the earliest will be in 90 days when maturity is reached. Unless the team wants to surprise us.

Y’all need to stop depositing into @megaeth Flux! My rewards are getting depleted! Current status: - Circulating supply: 1.12B solana:megaA5QDK1qLXtjpvg9oCFMvxT9d5BCMrVTBddnM5kV - Staked: 647.47M That’s roughly 57.3% of the circulating supply staked. Now with only ~40% of the supply left in the market to sell… And the first KPI of ≥ $500M $USDm close to being reached… What happens next? 😏

"Better Than CEX" | @worldmarketsinc Fully onchain orderbook on MegaETH. Spot, perps & lending. No backend. No indexers. Browser talks directly to RPC. Trade, leverage, and access a professional grade trading desk with extreme performance.

Ton of appreciation for what Lucas built with @worldmarketsinc. Entire exchange, with spot, lending, perps, and entire desk....without a backend. No indexers. Pretty insane, really. Your browser directly to the RPC.

🟢 LIVE: MegaETH App Day on The Rollup x.com/i/broadcasts/1…

@graildoteth @megaeth 👀🤔

Looks like those ICO participants who locked their @megaeth allocations for 12 months also get to join the "Stake for MEGA KPI rewards" fun over at the new staking dashboard: flux.megaeth.com I assume this applies to all the public MEGA rounds (Sonar, Echo, Fluffles). Waiting on more details, but it appears your locked/vested $MEGA will by default be staked into the pools along with the rest of the stakers (i.e., those who stake their liquid MEGA). BUT WON'T THE LOCKED TOKENS EAT ALL THE REWARDS AND ADD TO SELL PRESSURE No. They will dilute the rewards, yes. But this won't add to the early circulating supply over the first year (and longer, depending on the kind of vesting). All earned rewards from KPIs will follow the same vesting schedule as the underlying tokens. So, if your ICO tokens are locked for the next 12 months, all the $MEGA rewards earned from unlocked KPIs will accrue and be released in 12 months at the same time as your locked tokens. So you get your tokens + a big chunk of KPI-earned rewards added to the pot. Cool. None of the ICO participants gets left behind. Conviction got you a bigger chunk of tokens, and you can also share in the rewards. I think this inclusion helps bind everyone closer to the ecosystem: now, there is a good reason for those with long locks to participate more closely in what's going on. This is a fair way to do it, as locked tokens don't receive liquid rewards until their vesting, so there isn't a supply dump. It also prevents unfair vesting where large chunks of investor/team supply get the bulk of the reward pool to sell. We've seen that trick play out with some of the other ecosystems (@LooksRare had this trick, @celestia as well), where 'investors' and 'team' are all locked at TGE, but they are able to stake their huge cheap supply of tokens into the reward pools and get liquid tokens, which they can sell into a tiny circulating supply. No such tricks here! With a huge chunk of the ecosystem incentives locked behind KPIs, staking here is far more interesting than the usual "stake and get X%" offers. Combined with the utility flywheels to build demand for $MEGA, it earns by staking for the KPI unlocks could pay out handsomely IF the ecosystem successfully expands.

USDC deposits from Ethereum in this vault provide one-click access to USDm strategies and associated incentives within the MegaETH ecosystem.

USDm is money on your favourite apps. USDm is at the centre of our economic engine. USDm is everywhere. Now, @rocksolidHQ is enabling access to USDm opportunities through a vault on Ethereum. Introducing the RockSolid MegaETH USDm Vault. [thread]

it's the World Computer thesis

It's the little rabbit animations for me (plus the chance for holders to participate in the complete inversion of the time-based token emissions this industry has been subject to over the years)

App Wave 2 is now live on Terminal More ways to engage with apps across gaming, DeFi, and DePin. We've also allowed users to reset their boosted apps if they wish to re-allocate to the new group. The Apps [thread]

its called megaavethena powered by USDm