MegaETH: 53% of the MEGA token supply will be released when the protocol achieves significant milestones

Co-founder of MegaETH, Namik Muduroglu, stated that 53% of the total supply of MEGA tokens will be released upon the protocol achieving significant milestones, rather than being released according to a time-based unlocking schedule.

These goals include MegaETH TVL, L2 decentralization, protocol performance, and external milestones reached by the Ethereum community. This move aims to address long-standing concerns about low liquidity/high FDV token economic models.