Author: wale.moca

Compiled by: Asher, Odaily Planet Daily

MegaETH will launch TGE today, along with the Terminal Odyssey event. Over the next 8 weeks, MegaETH will airdrop 2.5% of its total supply of MEGA tokens as rewards.

This event uses a points-based ranking system. Users can earn points by using MegaETH ecosystem applications, completing interactions, providing liquidity, or participating in different activities, and share airdrop rewards based on their final ranking. In other words, MegaETH has entered a new Farming Season, and the Terminal will be the core entry point for the next 8 weeks.

This article will outline how to participate in the MegaETH Odyssey event from four aspects: Terminal settings, key applications in the first week, specific interaction paths, and participation strategies.

Setting up MegaETH Terminal

For the next eight weeks, MegaETH Terminal will be the core entry point for user interaction . On the Terminal page, users can see the week's featured apps, total points, and leaderboard rankings. Additionally, there are other features at the bottom of the page, which will be introduced later.

First, go to the interactive website (link: https://terminal.megaeth.com ). It is recommended to log in directly with your wallet ( if you participated in the MegaETH presale before, you can use the wallet you used then ). After completing the registration, you can enter the Terminal homepage.

Next, before we begin the actual interaction, we need to complete some preliminary settings, as follows:

• Account Funds: If you don't have funds on MegaETH yet, you can access them via cross-chain here (link: http://rabbithole.megaeth.com/bridge ).
• The Booster section in the Terminal shows which boosters your account is eligible for. Boosters cannot be manually activated, but some boosts may already be automatically added to your account. For example, if you participated in a MegaETH pre-sale or have had active activity on MegaETH in the past, you may already be eligible for boosts.
• In the Terminal's Clan section: Choose a Clan. These are essentially NFT communities, but you don't need to own the corresponding NFT to join. Just choose one you like. The core idea when choosing a Clan is to determine which Clan is most likely to receive the most pledges.

Overview of MegaETH Ecosystem Applications

In short, points are primarily earned through using applications within the MegaETH ecosystem. The specific calculation method for points is not yet publicly available, but it generally depends on participation level and the amount of funds used. It's also important to note that all applications can participate, and it's recommended to cover as many as possible, but Boosters can only be allocated to 3 applications per week . This can be done in the upper right corner of the Terminal. A more prudent approach is to first try out different applications to determine the most suitable areas for focused investment before allocating Boosters.

This article focuses on the apps that were highlighted by the official team during the first week of the points program, as well as several other apps worth noting.

Kumbaya

Type: DEX

Project website: https://kumbaya.xyz

Currently, Kumbaya appears to be the primary DEX used on MegaETH .

To earn points, you can perform some basic operations, such as using Swap. Alternatively, a more efficient way is to provide liquidity to USDm (MegaETH's native stablecoin). The specific steps for USDm are as follows:

1. Access the interactive website: https://kumbaya.xyz ;
2. Create a new Kumbaya native wallet;
3. Send the ETH from MegaETH to this newly created wallet;
4. Connect this new wallet to MegaETH Terminal. There will be a clearly visible connection button on your Terminal profile page;
5. Exchange some of your ETH for USDm and USDT0 on MegaETH;
6. Next, enter this pool: https://kumbaya.xyz/#/pool/0x6c8E5D463a2473b1A8bcd87e1cEA2724203A1D8f-4326
7. On the right side of the page, you can see "Add Liquidity". Add the USDm and USDT0 you just exchanged there.
8. Then leave the funds in there for 8 weeks (or you can withdraw them at any time).

In addition, you can also interact with Kumbaya's Launchpad, such as buying one or two graduated Meme coins.

HitOne

Type: Perps / GameFi

Project website: https://app.hit.one/

HitOne is a rather interesting contract trading application. Simply put, each round allows you to invest between $1 and $50 . HitOne will randomly open a high-leverage position, which could be a long or short position, with leverage typically exceeding 400x. The specific steps are as follows:

1. Access the interactive website: https://app.hit.one/r/DM7Q52 ;
2. Log in using account X;
3. Click Wallet, then click Deposit to deposit USDm into your wallet;
4. On your profile page, connect your account to MegaETH Terminal;
5. Click Spin: It is recommended to start with a small amount to familiarize yourself with the game (the position can be closed at any time to take profit).
6. Tip: Turn on Profit Guard ; this feature can help avoid total loss in most cases.

Monster

Type: Trading cards

Project website: https://mnstr.xyz

The app works similarly to opening Pokémon card packs. Users open the packs and choose whether to keep the cards or sell them. I've personally bought a few $250 packs, with mediocre returns. However, the main purpose of participating in this app isn't to make money, but rather to earn MegaETH points.

Card packs range in price from $50 to $1250 . Generally, you might lose around 20% on average per card pack unless you're extremely lucky. The specific steps are as follows:

1. Access the interactive website: https://mnstr.xyz ;
2. Connect your X account or Web 3 wallet;
3. Click on the profile page in the upper right corner;
4. You can see the wallet there, and then transfer some USDm into it;
5. You can find the MegaETH entry point on the same website, which leads to the Terminal.
6. Open the card pack and experience it.

Nextrare

Type: Trading cards

Project website: https://nextrare.cards/download

Nextrare works similarly to Monster, earning points by opening card packs. Each pack costs $50. The specific steps are as follows:

1. Access the interactive website: https://nextrare.cards/download ;
2. Download the App: It is recommended to use the same device that created the MegaETH Terminal account for operation, as this will make subsequent connections more convenient;
3. Register an account within the app and top up your wallet using funds from MegaETH or Apple Pay;
4. Open the card pack and experience it.

Topstrike

Type: Fantasy Football

Project website: https://play.topstrike.io

In Topstrike, you can buy football players you believe have potential. You can trade these players, that is, buy and sell them; you can also hold these players and participate in matches to earn points. The specific steps are as follows:

1. Access the interactive website: https://play.topstrike.io ;
2. Connect to account X;
3. Top up your wallet using ETH from MegaETH;
4. A banner will appear at the top of the page to connect to MegaETH Terminal;
5. You can buy and sell players and hold them in tournaments.

ITS

Type: Trading card game

Project website: https://itstheseason.xyz/

This is a trading card game where users can buy Booster Packs and then use those packs in the game.

Booster Packs use a dynamic pricing mechanism, meaning the price increases with each purchase . Therefore, it's advisable to participate as early as possible. The specific steps are as follows:

1. Access the interactive website: https://itstheseason.xyz/
2. Connect your wallet and top up;
3. Set a username;
4. Click on your username, then go to Terminal Profile and connect to MegaETH Terminal;
5. Buy a few Booster Packs for a small amount of money, then open them.

These are the featured apps for this week. The following are not the full highlights of this week's featured apps, but they are likely to play an important role in this points season, mainly because they are MegaETH's accelerator projects .

PrismFi

Type: DEX / predicament market

Project website: https://prismfi.cc

PrismFi was built by the BadBunnz team, and the specific steps are as follows:

1. Access the interactive website: https://prismfi.cc ;
2. Make a few swaps;
3. Participate in a few more prediction markets.

Cap

Type: DeFi

Project website: https://cap.app/swap

Users can earn returns by depositing US dollar assets. The specific steps are as follows:

1. Access the interactive website: https://cap.app/swap?to=megaeth:cUSD ;
2. Connect your wallet (preferably the wallet that is already connected to MegaETH Terminal);
3. Exchange ETH or USD assets for cUSD on MegaETH;
4. Hold cUSD (pegged to the US dollar, can be exchanged back at any time).

World Markets

Type: DeFi

Project website: https://world.inc

The specific steps are as follows:

1. Access the interactive website: world.inc/#/trade/spot?tokenId=9
2. Connect your wallet (preferably the wallet that is already connected to MegaETH Terminal);
3. Do a few spot swaps, exchange for WiTRY, and then hold for a while.

Select the applications you will use most often.

While using all apps every day might bring the best ROI, a smarter approach is to focus on three apps each week and concentrate your efforts on them . This is the reason why the Booster mechanism exists.

Points allocation is determined based on actual user activity, not the MegaETH team's subjective preferences. Therefore, the best strategy might be to choose apps that users would be willing to use even without Farming Season.

MegaETH Odyssey Event Participation Strategy

This is a long-term game, and it needs to be played in a long-term manner.

The first season will last for 8 weeks, which isn't particularly long, but it's enough for many people to lose patience after the second week. The truly high ROI approach isn't about rushing in the first week and then switching to other things, but about maintaining steady action throughout the entire period.

It's recommended to perform some on-chain operations on MegaETH daily. Also, the points currently displayed in the Terminal primarily come from past participation in USDm pre-deposit activities. Therefore, if you don't have many points yet, there's no need to be overly anxious.

You can spend money, but you should spend it smartly.

Participating in staking to earn points often requires consuming some funds, unless you choose a very conservative approach, such as only providing liquidity for USDm/USDT0.

Pokémon-style card packs, Fantasy Football, and Perps are all games where losses are expected. This isn't necessarily a problem, as there will eventually be airdrop rewards, but the key is not to blindly burn money.

We also need to find ways to make money.

At the same time, earning points through staking doesn't necessarily mean losing money. There are actually many opportunities to profit within the MegaETH ecosystem. For example, MegaETH NFT was one such opportunity, and its value increased tenfold after the relevant post was published. And there may still be opportunities now.