The MegaETH mainnet is launching today, which marks a major step for the Ethereum ecosystem as it is designed as a Layer‑2 blockchain, and operates independentlyThe MegaETH mainnet is launching today, which marks a major step for the Ethereum ecosystem as it is designed as a Layer‑2 blockchain, and operates independently

MegaETH Mainnet Goes Live Today, MEGA Token Unlock Depends on Network Activity

2026/02/09 23:11
2 min read
  • MegaETH mainnet launches today, which allows new users to interact without paying transaction fees.
  • The token generation event depends on USDm stablecoin growth and app activity.

The MegaETH mainnet is launching today, which marks a major step for the Ethereum ecosystem as it is designed as a Layer‑2 blockchain, and operates independently while using Ethereum’s security.

According to Infinex’s post, MegaETH is going live at 9 am EST. The deployment coincides with a significant integration into Infinex’s crypto superapp. This enables new users to interact with MegETH via gasless first transactions. Thus, the platform creates an intuitive setting with faster onboarding and increased network engagement.

With that, Wyck, a popular crypto voice on X, posted that MegaETH mainnet would be launching in a few hours, but noted that it would be without the token generation event (TGE). They said attention would therefore focus on network activity rather than price, and added, “I’m expecting some risky but interesting plays with memecoins launching and NFTs minting. I’ll be showing up for that part.”

According to Aixbt’s X post, the MEGA token will not launch immediately, and the token generation event won’t happen until either $500 million in USDm stablecoin is generated or 10 applications achieve 100,000 transactions, and mentioned, “Track usdm minting rate over next 48 hours. If it stalls under $100m first week, the TGE delays and you get the strk/zk playbook.” The USDm stablecoin aims to lower fees by supporting processing expenses through yield-backed reserves, rather than typical fee margins, as per the MegaETH blog

With that, MegaETH announced the Chainlink Scale program from day one, adopting Chainlink’s data feeds, data streams, and cross‑chain interoperability standards to bring trusted oracle data and seamless DeFi connectivity to its high‑performance blockchain, as per the official blog.  

As integration gives MegaETH users immediate access to major DeFi assets and protocols such as Aave, GMX, Lido’s wstETH, and Lombard’s BTC.b and LBTC through industry‑standard oracle and interoperability infrastructure.

 As MegaETH begins operations, the MEGA token release and network adoption metrics will guide the next steps for users and developers on the platform.

Highlighted Crypto News:

Crypto Hacker Behind Infini Exploit Returns, Moves $32M ETH in Fresh Transfers

Market Opportunity
SecondLive Logo
SecondLive Price(LIVE)
$0,00003996
$0,00003996$0,00003996
-4,35%
USD
SecondLive (LIVE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Hadron Labs Launches Bitcoin Summer on Neutron, Offering 5–10% BTC Yield

Hadron Labs Launches Bitcoin Summer on Neutron, Offering 5–10% BTC Yield

Hadron Labs launches 'Bitcoin Summer' on Neutron, BTC vaults for WBTC, eBTC, solvBTC, uniBTC and USDC. Earn 5–10% BTC via maxBTC, with up to 10x looping.
Share
Blockchainreporter2025/09/18 02:00
South Korea Launches First Won-Backed Stablecoin KRW1 on Avalanche

South Korea Launches First Won-Backed Stablecoin KRW1 on Avalanche

South Korea made history this week by launching its first Korean won-backed stablecoin.
Share
Brave Newcoin2025/09/19 03:15
Curve Finance votes on revenue-sharing model for CRV holders

Curve Finance votes on revenue-sharing model for CRV holders

The post Curve Finance votes on revenue-sharing model for CRV holders appeared on BitcoinEthereumNews.com. Curve Finance has proposed a new protocol called Yield Basis that would share revenue directly with CRV holders, marking a shift from one-off incentives to sustainable income. Summary Curve Finance has put forward a revenue-sharing protocol to give CRV holders sustainable income beyond emissions and fees. The plan would mint $60M in crvUSD to seed three Bitcoin liquidity pools (WBTC, cbBTC, tBTC), with 35–65% of revenue distributed to veCRV stakers. The DAO vote runs from up to Sept. 24, with the proposal seen as a major step to strengthen CRV tokenomics after past liquidity and governance challenges. Curve Finance founder Michael Egorov has introduced a proposal to give CRV token holders a more direct way to earn income, launching a system called Yield Basis that aims to turn the governance token into a sustainable, yield-bearing asset.  The proposal has been published on the Curve DAO (CRV) governance forum, with voting open until Sept. 24. A new model for CRV rewards Yield Basis is designed to distribute transparent and consistent returns to CRV holders who lock their tokens for veCRV governance rights. Unlike past incentive programs, which relied heavily on airdrops and emissions, the protocol channels income from Bitcoin-focused liquidity pools directly back to token holders. To start, Curve would mint $60 million worth of crvUSD, its over-collateralized stablecoin, with proceeds allocated across three pools — WBTC, cbBTC, and tBTC — each capped at $10 million. 25% of Yield Basis tokens would be reserved for the Curve ecosystem, and between 35% and 65% of Yield Basis’s revenue would be given to veCRV holders. By emphasizing Bitcoin (BTC) liquidity and offering yields without the short-term loss risks associated with automated market makers, the protocol hopes to draw in professional traders and institutions. Context and potential impact on Curve Finance The proposal comes as Curve continues to modify…
Share
BitcoinEthereumNews2025/09/18 14:37