MegaETH Foundation launches MEGA token buyback program

AiCoin2026/05/08 14:15

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

The MegaETH Foundation has announced the launch of the MEGA token buyback program and completed the first buyback on May 7, with funds sourced from the cumulative net earnings of the USDm issuer as of the end of April. According to the official statement, the current USDm supply is around $480 million. Future buybacks will aim to be executed through a programmatic mechanism, with each funding round affected by changes in USDm supply and the yield of underlying reserve assets. The statement also emphasizes that USDm is not issued or operated by the MegaETH Foundation or MegaLabs.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.

华尔街见闻•2026/11/12 15:31