MegaETH Token Launch with Co-Founders Shuyao and Lei

MegaETH marks its token generation event by prioritizing protocol-native infrastructure over traditional, speculative token models. By implementing strict, performance-based KPIs, the project ensures that ecosystem applications—such as the fully on-chain exchange World Markets—are functional and novel before launch. The protocol generates sustainable value through two primary revenue streams: a proximity-based co-location market that minimizes latency for high-frequency traders and the native stablecoin USDM, which captures yield from collateral. Unlike conventional chains, MegaETH optimizes for high throughput and low block times, enabling complex, synchronous composability between decentralized applications. The team rejects airdrop farming in favor of a transparent, cost-basis-driven token distribution, aiming to align long-term incentives between the core team, early investors, and retail participants while maintaining a focus on Ethereum-aligned decentralization.