Two months ago we said the next era was starting. Since then, every day has gone into drawing all 3,333 Sarus by hand, building the world, refining the vision, and making sure this launches the right way, not the rushed way.
Fill: https://t.co/DzGtWvzEyD
Now the timing finally feels right.
48H.
Hard times have high yields,
Zero yields create good times,
Good times create trading volumes,
Trading volumes create co-location demand.
The Mega economic engine works forever:
This chart validates the structural model of MegaETH.
It is one of very few chains that combines tech with new paradigm value accrual.
Amongst Chains
DeFi TVL: 33rd
Transaction Fees: 27th
Holder Rev: 7th (!)
Holder revenue is classified as "subset of revenue that is distributed to token holders by means of buyback and burn, burning fees or direct distribution to stakers"
(Holder rev isn't a perf category for what we have but it's the best current approximation for other chains)
We had the pleasure of working with Ethena to launch USDm on MegaETH day 0. It is the native stablecoin of our eco from which the MegaETH Foundation collects rewards from, and has committed to use such revenue for buybacks with
Today, despite being a very young ecosystem with (~33rd in DeFi TVL) we're already 7th (!) as a chain which routes value back to its ecosystem.
As the ecosystem grows, so too does the value, and you can see a world where we very easily reach top 3 (top flip Solana at ~$450k you'd only need to be ~12th in stablecoin supply [~$800M USDm])
Lots of work to be done to match the mature ecosystems out there, but we have the right team to do it.
Very excited for the next few months and what we can showcase.
We've Improved Bridge Slippage
Rabbithole's bridging options now prioritize lower-slippage routes in place of the original widget.
Weโll continue to monitor and modify to ensure users have the smoothest onboarding experience possible
some of your favorite KOLs are about to catch strays.
SMASHER - live day 1 of @megaeth.
join the waitlist now to get first crack at the hammer.
โ https://t.co/xgjL3LAdPQ
Just unlocked my Gas ID via ETHGas ๐ชช
I'm a Teen Jack with 0.5897 ETH spent on gas since Beacon Chain - now fueling my climb to the Gasless Future and earned 240 Beans already.
Reveal yours at https://t.co/Q59uAQv34K