Buybacks, Proximity Markets and TGE The MEGA Token will be integral to the MegaETH ecosystem. Once launched it will have 2 immediate core functions: 1. $USDM yield will purchase MEGA 2. Entities bid with MEGA to colocate with the sequencer (Proximity Markets) We've set KPIs that will trigger TGE below.

FUNCTION // USDM BUYBACKS All USDM revenue generated by the MegaETH foundation to go towards buying back and accumulating MEGA. USDm is the lifeblood of the MegaETH ecosystem. All marquee applications on MegaETH support USDM. As these applications grow, USDm grows, further increasing buybacks of MEGA.

KPI-1 // $500M USDM A baseline of USDM must circulate within the market to allow the application flywheel to kick off. KPI → Circ. supply reaches a 30d time-weighted supply >$500M. → 25% of circulating USDM deposited into verified smart contracts of key apps.

KPI-2 // 10 MAFIA APPS FULLY DEPLOYED Proximity Markets are only worth bidding in a healthy ecosystem w/ apps. KPI 2. 10 Mafia apps fully deploy, as defined by: → Verified contracts → Functioning core loop → Publicly accessible front-end Apps must cumulatively have processed >100k transactions across >25k wallets.

KPI-3 // THREE APPS WITH $50K DAILY FEES FOR 30D Native applications generating consistent demand is a clear sign of PMF for both USDM and Proximity Markets. KPI 3. Three Apps earn $50k in daily fees for 30 consecutive days. We will work with applications to measure fees.