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You can 'lock' $MEGA to receive more $MEGA when MegaETH KPIs are reached

CN
Ignas | DeFi Research
Follow
3 hours ago
AI summarizes in 5 seconds.

You can 'lock' $MEGA to receive more $MEGA when MegaETH KPIs are reached.

53% of $MEGA supply will unlock depending on KPIs.

Seems that the team is yet to publicly announce it but Flux is the commit platform for that 5.3B reward pool.

13 KPIs across ecosystem growth, performance, and decentralization gate the unlocks.

Nothing has triggered yet.

These are new KPIs:

E.g., 50m $MEGA unlocks with each 50k ETH bridged to MegaETH. Until 200k Max.

Or Uptime rewards of 150M Mega if no >5-minute block production pause (except scheduled maintenance) in past 1 month.

Perhaps most interesting is Native App Mcap: receive 300m rewad when >3 MegaETH native apps have $100M+ market cap.

----

Your share of each KPI reward pool is set by two things: amount committed and maturity.

Maturity ramps from 0% to 100% linearly over 90 days.

Commit 1,000 $MEGA on day 1, you have 1,000 shares by day 90.

Commit the same amount on day 45, you have 500 shares.

Each commit has its own maturity timer.

Adding to your stack starts a fresh 0% timer for the new tokens.

They don't inherit your existing position's maturity.

So being early matters!

Tbh, this is easy set and forget yield farming relative to the Terminal: just lock $MEGA and enjoy the yield.

I mean, we also need to pump those numbers!

MegaETH is yet to officially announce the program at https:// flux. megaeth. com/

Thanks @Bitcoineo for alpha


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