I spent my free time during the weekend listening to the @Unchained_pod episode featuring @megaeth.
For those who donât have an hour to spare, hereâs a detailed summary of everything @hotpot_dao and @amiralmaimani discussed:
MegaETH = the first real-time blockchain.
Runs at 10ms on testnet compared to Solana ~400ms and Arbitrum ~265ms.
Chain was designed with a strong focus on performance, to unlock new on-chain experiences for users that arenât possible on other chains.
Goal is to make chain so fast that interactions feel like Web2 apps: smooth, responsive, and instant.
MegaETH uses a centralized sequencer for speed, rotating between operators to prevent censorship.
Setup is secure since attackers would need to bribe Ethereumâs validator set.
$MEGA is used for governance and sequencer rotation (stake to participate). Fixed supply, no inflation.
Token will power a âproximity marketâ where users stake to be physically closer to the sequencer for faster execution.
Team only gets 9%, vesting by KPI performance rather than time. Earn only if the chain succeeds.
âIn 2025, launching a token with no real use case is over. Tokens must serve the economy.â
No airdrops will be done as airdrops incentivize the wrong behavior.
Team wants MegaETH missionaries, not mercenaries.
Token allocations were determined by on-chain contributions, social credibility, and active involvement in the ecosystem.
Three public sales rounds so far:
âą Echo Round
âą Fluffle Round
âą Sonar âConviction Roundâ
Preference given to participants who locked tokens for 1 year.
Wants retail to lead price discovery, not VCs.
Team spent 3 days manually verifying allocations and fighting Sybil farms (some had 400+ wallets).
USDM will help scale revenue with adoption, not fees. It will be the revenue layer across the mega ecosystem.
MegaETH Mafia accelerator was created because the team does not want to follow the same repeated AMM + lending chain launch formula.
Over 30 teams have joined, raising $80M+ from funds like Paradigm and Dragonfly.
Apps that were shilled: @Euphoria_fi and @blitzo_xyz
Next 6â12 months focus:
âą Launch mainnet
âą Expanding USDM adoption
âą Rolling out rotating sequencer & proximity markets
âą Scaling Mafia apps to real users
âOur goal is simple. To make people proud to use crypto apps again.â
â:
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