PANews reported on October 23rd that MegaETH, the Ethereum scaling solution developed by MegaLabs, will not directly retain crypto assets from its public sale. All 500 million MEGA tokens (5% of the total supply) will be distributed to purchasers. However, entities associated with the broader MegaETH ecosystem will retain the following shares of the total token supply: a) Team and Advisors: 950 million MEGA tokens (9.5%) – with a one-year lockup period and a linear vesting period over three years; b) Foundation/Ecosystem Reserve: 750 million MEGA tokens (7.5%) – for ecosystem development, strategic partnerships, and protocol sustainability; and c) Key Performance Indicator (KPI) Staking Rewards: 5.33 billion MEGA tokens (53.3%) – reserved for performance-based staking rewards that will be distributed over time based on network metrics. This brings the total ecosystem token reserve to 7.03 billion MEGA tokens (70.3% of the total supply).

This figure does not include tokens allocated to venture capital firms (VCs) (14.7%), tokens to Echo investors (5%), tokens to Fluffle purchasers (2.5%), and tokens from the Sonar reward pool (2.5%), as these tokens were allocated to third-party investors and sale participants.

According to previous news, MegaETH will launch the public sale of MEGA tokens on October 27, with an initial FDV of US$1 million .