MegaETH: 53% of the MEGA token supply will be released upon "Protocol Milestone Achievement"
BlockBeats News, January 30, MegaETH co-founder Namik Muduroglu stated that 53% of the total MEGA token supply will be released upon a "Protocol Implementation Significant Milestone" instead of following a time-based unlocking schedule. These milestones include MegaETH TVL, L2 decentralization, protocol performance, and external milestones achieved by the Ethereum community. This action aims to address long-standing concerns about the "low circulating supply/high FDV" tokenomics model.
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