Overview
- MegaETH, which activated its first KPI Thursday, began a seven-day countdown to an April 30 token generation event.
- The trigger came after 10 incubated apps went live and each logged more than 100,000 transactions over 30 days with working core loops.
- Other targets now in play require at least three apps to earn $50,000 in daily fees for 30 straight days.
- A separate KPI ties emissions to USDM, the network’s native stablecoin co-developed with Ethena, with $62.9 million in circulation so far against a $500 million goal.
- The MEGA supply is 10 billion with 53.3% reserved for KPI-linked staking rewards, plus an allocation that includes a 5% Sonar auction, 7.5% for an ecosystem reserve, 9.5% for the team, and 14.7% for investors.