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We've encountered unexpected issues throughout the process and are no longer moving forward with the $1B cap.
We will be sharing a retro shortly.
We'll also be including the ability for users to withdraw who no longer wish to participate.
Apologies for the turbulence.
Unfortunately our 3rd party provider received too many requests resulting in downtime.
The $250M cap filled within 156 seconds upon resolution.
We've decided to increase the cap to $1B in an effort to give users access to USDm day 1.
Bridge will reopen at 11am EST.
The purpose of this event is to get USDm into the hands of a diverse set of users.
This will not impact previous participants.
All MegaETH contracts remain secure and are audited by Zellic and Slowmist.
We've enabled the page for early Sonar verification.
The pre-deposit contract will go live automatically at 9am EST, per the contract settings.
The ONLY link: https://t.co/tglOCe8IF1
MegaUSD Pre-Deposit Prep
→ Deposits open tomorrow (11/25) at 9a EST (time is automated and in-contract).
→ The site will go live ~1hr prior for Sonar verification.
→ $250M cap.
Depositors will receive USDm unrestricted on MegaETH Mainnet in December.