PANews reported on October 23rd that MegaETH, the Ethereum scaling solution developed by MegaLabs, will not directly retain crypto assets from its public sale. All 500 million MEGA tokens (5% of the total supply) will be distributed to purchasers. However, entities associated with the broader MegaETH ecosystem will retain the following shares of the total token supply: a) Team and Advisors: 950 million MEGA tokens (9.5%) – with a one-year lockup period and a linear vesting period over three years; b) Foundation/Ecosystem Reserve: 750 million MEGA tokens (7.5%) – for ecosystem development, strategic partnerships, and protocol sustainability; and c) Key Performance Indicator (KPI) Staking Rewards: 5.33 billion MEGA tokens (53.3%) – reserved for performance-based staking rewards that will be distributed over time based on network metrics. This brings the total ecosystem token reserve to 7.03 billion MEGA tokens (70.3% of the total supply). This figure does not include tokens allocated to venture capital firms (VCs) (14.7%), tokens to Echo investors (5%), tokens to Fluffle purchasers (2.5%), and tokens from the Sonar reward pool (2.5%), as these tokens were allocated to third-party investors and sale participants. According to previous news, MegaETH will launch the public sale of MEGA tokens on October 27, with an initial FDV of US$1 million .PANews reported on October 23rd that MegaETH, the Ethereum scaling solution developed by MegaLabs, will not directly retain crypto assets from its public sale. All 500 million MEGA tokens (5% of the total supply) will be distributed to purchasers. However, entities associated with the broader MegaETH ecosystem will retain the following shares of the total token supply: a) Team and Advisors: 950 million MEGA tokens (9.5%) – with a one-year lockup period and a linear vesting period over three years; b) Foundation/Ecosystem Reserve: 750 million MEGA tokens (7.5%) – for ecosystem development, strategic partnerships, and protocol sustainability; and c) Key Performance Indicator (KPI) Staking Rewards: 5.33 billion MEGA tokens (53.3%) – reserved for performance-based staking rewards that will be distributed over time based on network metrics. This brings the total ecosystem token reserve to 7.03 billion MEGA tokens (70.3% of the total supply). This figure does not include tokens allocated to venture capital firms (VCs) (14.7%), tokens to Echo investors (5%), tokens to Fluffle purchasers (2.5%), and tokens from the Sonar reward pool (2.5%), as these tokens were allocated to third-party investors and sale participants. According to previous news, MegaETH will launch the public sale of MEGA tokens on October 27, with an initial FDV of US$1 million .
MegaETH: The total amount of tokens retained in the ecosystem accounts for 70.3% of the total supply, of which the team and advisors account for 9.5%
PANews reported on October 23rd that MegaETH, the Ethereum scaling solution developed by MegaLabs, will not directly retain crypto assets from its public sale. All 500 million MEGA tokens (5% of the total supply) will be distributed to purchasers. However, entities associated with the broader MegaETH ecosystem will retain the following shares of the total token supply: a) Team and Advisors: 950 million MEGA tokens (9.5%) – with a one-year lockup period and a linear vesting period over three years; b) Foundation/Ecosystem Reserve: 750 million MEGA tokens (7.5%) – for ecosystem development, strategic partnerships, and protocol sustainability; and c) Key Performance Indicator (KPI) Staking Rewards: 5.33 billion MEGA tokens (53.3%) – reserved for performance-based staking rewards that will be distributed over time based on network metrics. This brings the total ecosystem token reserve to 7.03 billion MEGA tokens (70.3% of the total supply).
This figure does not include tokens allocated to venture capital firms (VCs) (14.7%), tokens to Echo investors (5%), tokens to Fluffle purchasers (2.5%), and tokens from the Sonar reward pool (2.5%), as these tokens were allocated to third-party investors and sale participants.
According to previous news, MegaETH will launch the public sale of MEGA tokens on October 27, with an initial FDV of US$1 million .
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