MY ALLOCATION
FACTS
HOW IT WORKS
TIMELINE
FAQ
DISCLAIMER
Token Allocation
MY ALLOCATION
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STATUS
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MAX TOKEN PRICE
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DISCOUNT
N/A
LOCK-UP
N/A
Bid Breakdown
TOTAL BID AMOUNT
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ALLOCATED AMOUNT
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DISCOUNT
N/A
Total Refund
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Total token supply
10,000,000,000 tokens
Token supply reserved for this public sale
500,000,000 tokens (5% of total supply)
Network
Ethereum Mainnet
Payment method
USDT
Maximum Bid Amount
$186,282 per individual
Minimum Bid Amount
$2,650 per individual
Sale format
English Auction with a ceiling price
Starting Price
$0.0001 ($1 million FDV)
Ceiling Price
$0.0999 ($999 million FDV)
Tick Size
$0.0001
Discount / Lock-Up
U.S. accredited investors have a mandatory 1-year lock-up with a 10% discount.
The lock-up is optional for non-U.S. participants.
The lock-up is optional for non-U.S. participants.
- Verify your identity and wallet address on Sonar.
- Set your max token price ($0.0001-$0.0999 range). Bids should be at or above the current clearing price.
- Enter your USDT bid amount (min. $2,650 - max. $186,282) and select the 1-year lock-up for a 10% discount if you wish (mandatory for U.S. persons).
- Submit the bid.
- You can adjust your max price and add more USDT later (total cap: $186,282).
- You can opt into the 1-year lockup discount any time before the sale closes, but you cannot opt out once submitted.
- At the $0.0999 ceiling price, you can continue to place a bid at this price as oversubscription is allowed.
- Bidding ends after 72 hours, setting a final clearing price. Bids at or above this price fill the total allocation.
- If oversubscription happens, a special allocation mechanism will be used. Bid and additional profile information (social media, GitHub, additional wallet addresses, etc.) that demonstrates past engagement in the MegaETH and Ethereum communities will help determine your allocation. Selection of the lock-up may help with your allocation if you don't qualify for the onchain and social criteria. Please make sure to complete your profile before the sale ends.
Registration
October 15th - 27th
Interested participants should finish their KYC registration, wallet address verification, and accreditation (for U.S. investors only) during this period.
Open Bidding
October 27th - 30th
The open bidding period starts at 1pm UTC on October 27th and runs for 72 hours. Bidders commit USDT on Ethereum mainnet to reserve $MEGA tokens. The bidding process will follow the English Auction format with a ceiling price ($0.0999). For more details, see the "How it works" section.
Allocation Calculation
October 30th - November 5th
Allocations will be calculated during this period. Non-winners receive their refunds in full once the calculation is complete. If oversubscribed, bid and additional profile information (social media, GitHub, additional wallet addresses, etc.) that demonstrates past engagement in the MegaETH and Ethereum communities will help determine your allocation. Selection of the lock-up may help with your allocation if you don't qualify for the onchain and social criteria. Please make sure to complete your profile before the sale ends.
Withdrawal Period
November 5th - 19th
Allocation winners who wish to give up their allocations can choose to withdraw their bids entirely during this period to receive a full refund in USDT to their wallet addresses on Ethereum mainnet.
Final Allocation
November 19th - 21st
Any forfeited tokens will go towards committed allocation winners whose allocations were partially filled. Any unused/unallocated funds will be refunded. Those who have a 1-year lockup will receive 10% of their token purchase back.
Rewards Campaign
Once the MegaETH mainnet goes live, eligible users (Fluffle holders and anyone who attempted to get allocation in the Echo or Public Sale) have an opportunity to receive additional tokens after actively using apps in the MegaETH ecosystem.
Token Distribution
When $MEGA becomes available, they will be distributed to wallet addresses automatically. For those who select or are subject to the 1-year lockup, they will receive the tokens one year after this date.
How do I become eligible for the sale?
Complete KYC, wallet verification, and accreditation (if U.S. based) on Sonar platform.
Can I participate if I am a U.S. resident?
Yes, but only accredited U.S. investors can participate with mandatory 1-year lockup.
In which jurisdictions am I not allowed to participate in the sale?
Participants from certain restricted jurisdictions cannot participate. Check the terms for full list.
How many wallet addresses can I use?
You can use multiple wallet addresses but they must all be verified and linked to your identity.
What assets can I use to participate in the sale?
Only USDT on Ethereum Mainnet is accepted for this sale.
Are my allocations guaranteed?
No, allocations depend on final clearing price and may be subject to prorata if oversubscribed.
Can I withdraw my bids?
Yes, winners can withdraw during the designated withdrawal period (November 5th-19th) for full refund.
What is the role of $MEGA?
$MEGA is the native token of the MegaETH network used for gas fees, staking, and governance.
What about the second Fluffles drop?
Fluffle holders will have priority access and additional benefits in the ecosystem.
This crypto-asset marketing communication has not been reviewed or approved by any competent authority in any Member State of the European Union. The offeror of this crypto-asset is solely responsible for the content of this crypto-asset marketing communication. Only verified and accredited non-US persons will be considered as eligible participants. Neither the $MEGA tokens nor the offering or sale of $MEGA tokens have been registered under the U.S. Securities Act of 1933, as amended, any U.S. state securities laws or the applicable securities laws of any jurisdiction. $MEGA tokens are being offered in reliance on exemptions from registration under the applicable securities laws. As such, they are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under the applicable laws.
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