The narrative of L2 has almost been worn out this year, but @megaeth can still excite the market, relying not only on @VitalikButerin's calls but also on its solid 'cash capability' and 'filtering mechanism'.
I specifically created a map of the @megaeth tokenomics thinking, and also introduced the details of tonight's pre-deposit activity:
1. Core of the activity
Purpose: To launch the USDC pre-deposit bridge, allowing users to deposit USDC from the ETH mainnet in exchange for the native stablecoin USDM on the MegaETH chain.
Total cap: $250 million ($250M).
First come, first served (FCFS), and will stop once the cap is reached or close to the mainnet launch.
2. Key Dates
Start Time: November 25, 2025 (Tuesday).
3. Participation Threshold (Mandatory Conditions)
Eligibility Restriction: Only wallet addresses that have participated in the $MEGA public sale on the Sonar platform and completed KYC verification are allowed.
Fund Requirements: Only USDC on the Ethereum Mainnet is accepted.
Individual Limit: No deposit limit for individuals (as long as the total pool is not full).
4. Rewards and Benefits
Token Exchange: At the launch of the mainnet, USDM will be obtained at a ratio of 1:1.
Additional Rewards: Participants will earn points from the MegaETH rewards program based on their deposit activities.
5. Fund Liquidity Restrictions
Lockup Period: Funds deposited cannot be withdrawn until the mainnet is launched.
Mainnet Unlock: On Day 1 of the mainnet, USDM will be directly distributed to wallets, with no lockup period, and can be used immediately.
22:00 sharp rush, FCFS (First Come First Served), slow hands lose.
