Buybacks, Proximity Markets and TGE
The MEGA Token will be integral to the MegaETH ecosystem.
Once launched it will have 2 immediate core functions:
1. $USDM yield will purchase MEGA
2. Entities bid with MEGA to colocate with the sequencer (Proximity Markets)
We've set KPIs that will trigger TGE below.
Very happy to see that MSTR/Saylor will now initiate a Bitcoin security program.
The price finally got low enough for Saylor to take the potential threat seriously.
In a way, Saylor capitulating could very much mark a bottom here. I wouldnβt be surprised.
It's a weird time. I am filled with wonder and also a profound sadness.
I spent a lot of time over the weekend writing code with Claude. And it was very clear that we will never ever write code by hand again. It doesn't make any sense to do so.
Something I was very good at is now free and abundant. I am happy...but disoriented.
At the same time, something I spent my early career building (social networks) was being created by lobster-agents. It's all a bit silly...but if you zoom out, it's kind of indistinguishable from humans on the larger internet.
So both the form and function of my early career are now produced by AI.
I am happy but also sad and confused.
If anything, this whole period is showing me what it is like to be human again.
not gonna lie, I used to absolutely dread anything that involved wallets and contracts. it always felt confusing for no reason π
decided to give @CodeXero_xyz a try and ngl, things actually feel way less stressful now.
no endless popups, fewer random errors, and the whole flow just⦠works better.
β’ setup feels simpler
β’ fewer moments of βwhy is this breaking?β
β’ actually understanding whatβs happening most of the time now
still learning as I go, but compared to my old Web3 struggles, this is a massive improvement.
sharing this in case anyone else is tired of tech feeling like a boss battle every time π
Absolute insanity in silver right now:
At 6:20 PM ET, just 20 minutes after futures opened, silver prices surged to a record high of $83.75, up +6%.
By 7:30 PM ET, silver prices fell to a low of $75.15, erasing -10% of its value in 70 minutes.
Buckle up for a crazy week.