MegaETH Foundation Completes First MEGA Buyback Using USDm Rewards

TLDR: MegaETH Foundation completed its first MEGA buyback on May 7th using USDm net rewards through April. The current USDm stablecoin supply stands at $480 million, funding the MEGA token buyback program. Future MEGA buybacks will follow a set schedule with no manual decisions or market timing involved. Onchain execution via MegaETH’s own DeFi protocols [...]

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