MegaETH will unlock 53% of MEGA tokens upon reaching network and community milestones, replacing a time-based schedule with performance-driven distribution.
MegaETH co-founder Namik Muduroglu announced that 53% of the MEGA token supply will be unlocked only after achieving major protocol milestones, rather than following a time-based vesting. These milestones include reaching target total value locked (TVL), achieving Layer 2 decentralization, meeting protocol performance standards, and hitting Ethereum community-related goals. The change addresses concerns over low circulating supply and high fully diluted valuation (FDV) token models, with rewards to be distributed to MEGA stakers after milestone completion. The mainnet launch is set for February 9.