(re)introducing KPI rewards, aka our solution to the low-float, high-FDV dilemma. Over half of the MEGA supply will go to high conviction holders as major milestones for the protocol are achieved. This means supply unlocks are a function of success, not time.
Low float / high FDV is a trap for public buyers. You think you bought “the token at $1.” What you actually bought was a tiny ownership stake in the eventual total supply. As unlocks hit, your stake gets diluted: 0.01% of supply → 0.001%. the value of the project stays the same while insiders’ ownership quietly expands. TLDR you got screwed.
KPI rewards is our attempt to solve the low float high FDV issue in a way that allows the network to grow over time while incentivizing all stakeholders to participate in its success. Part of the reason why Foundation + Team takes less than industry standard is our plan to acquire more tokens via KPI rewards.
KPIs are grouped into 4 scoreboards 1. Ecosystem Growth (TVL of MegaETH, USDM supply) 2. MegaETH decentralization ( Long-term goal of becoming "stage 2 with alt-DA") 3. MegaETH Performance (increase bandwith reduce latency) 4. Ethereum Decentralization (strongest edge imo)
When KPIs are achieved, all rewards are distributed to holders who have elected to lock their MEGA. Our design follows a conviction scaling model, where those who lock for greater periods of time receive a higher portion of the rewards. The foundation will internalize unvested & locked token rewards, helping build out the treasury while maintaining the underlying lock period.
The outcome of KPI rewards is that supply enters the market as a function of success, as determined by KPIs, rather than time. The tokens land in the hands of those with the most conviction in the project. If MegaETH fails to achieve these KPIs, the tokens are locked away, maybe we have some voting to figure out the future lol but governance is a nightmare.
anyways lets see what happens
@kvzuobai is lame
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