Dossier
MEGA token
Coverage of MEGA token in the Nexus archive.
- MegaETH Token Launches as Ethereum Layer-2 Network's Novel Rewards System Is Tested
MegaETH, an Ethereum layer-2 network, is launching its native MEGA token, which will be unlocked and distributed to users as key benchmarks are achieved. The network aims to test a novel rewards system tied to performance milestones.
- MegaETH token goes live as major exchanges open MEGA trading
MegaETH's MEGA token launched on April 30, concluding a seven-day countdown after the project achieved its first KPI with 10 live apps.
- MegaETH hits first KPI with 10 apps live, starts seven-day MEGA token countdown
MegaETH has achieved its first key performance indicator (KPI) by launching 10 apps and initiated a seven-day countdown for the MEGA token. The project allocated 53.3% of its total token supply to performance-based KPIs instead of traditional time-based vesting.