01. Does only one KPI need to be hit to trigger TGE?
Yes. MEGA will TGE 7 days after any single one of the three KPIs is achieved. All three do not need to be met simultaneously.
02. What happens after a KPI is hit?
A 7-day countdown begins. Once those 7 days pass, MEGA launches.
03. What about my Echo / Fluffle / Sonar tokens?
It depends on your participation: Echo - 20% unlocked at TGE, then a 1-year cliff followed by a 3-year vest (same schedule as all other investors). Fluffle - 50% unlocked at TGE, then a 6-month linear vest for the remainder. Sonar - Either 100% unlocked at TGE (if that's what you opted for) or a 1-year lock.
04. What is USDM?
USDM is MegaETH's native stablecoin, built in partnership with Ethena backed by USDtb. The MegaETH Foundation receives rewards which are used for MEGA buybacks consistent with applicable law.
05. What are Proximity Markets?
Proximity Markets is a bidding system denominated in MEGA that allows market makers and applications to claim sequencer-adjacent compute space, reducing end-to-end latency to under 1 millisecond. Proximity Markets launch in beta following mainnet open.
06. How does the MEGA buyback work?
Rewards from USDM that the MegaETH Foundation receives is used to buy back and accumulate MEGA. As applications on MegaETH grow and USDM TVL increases, buyback volume increases — creating a flywheel effect.
07. What is a Mafia app?
MegaMafia is MegaETH's accelerator program for native applications building on the network. There are currently 26 projects in the program. KPI-2 requires 10 of them to fully deploy on mainnet. You can see the full roster by checking who @megamafia follows on X.
08. What counts as "fully deployed"?
An app is considered fully deployed when it has: verified contracts on mainnet, a functioning core loop, and a publicly accessible front-end. Additionally, across all deployed Mafia apps, there must be a cumulative total of >100K transactions across >25K unique wallets.
09. Does the 30-day fee streak reset if an app dips below $50K?
Yes. The 30 consecutive days must be unbroken. If any of the three qualifying apps drops below $50K in daily fees, the counter resets.
10. How are the KPIs verified?
DeFi Llama is the source of truth for both USDM circulation (KPI-1) and application revenue (KPI-3). For KPI-2 (Mafia app deployments), the MegaETH team verifies deployment status directly. The team also reserves the right to perform additional diligence to prioritize organic activity.
11. How often is this dashboard updated?
Daily.
