MegaETH Buys Back 4.75% Equity Ahead of Network Launch

MegaETH announced the repurchase of 4.75% of its equity from seed investors as part of efforts to strengthen long-term alignment and decentralize ownership ahead of its upcoming network launch. The buyback was approved by major stakeholders such as Dragonfly and Echo and follows earlier community-focused sales. The company stated its commitment to favor long-term builders over short-term capital and revealed plans for new incentive mechanisms aimed at supporting token holders.

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