About this episode
$MEGA token is live, but the bigger story is what the launch says about the future of L2s. Co-Founders Shuyao and Lei join Bankless to unpack why MegaETH tied its TGE to app milestones, why USDM and proximity markets could become core revenue streams, and how the team is thinking about appchains, AI agents, security, and Stage 2 decentralization.---📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24https://bankless.cc/spotify-premium---BANKLESS SPONSOR TOOLS:🔮POLYMARKET | #1 PREDICTION MARKEThttps://bankless.cc/polymarket-podcast🟦 COINBASE ONE | GET 20% OFFhttps://bankless.cc/coinbase-one🧭OKX | TRADE, EARN, PAYhttps://app.okx.com/join/USBANKLESS🦊 METAMASK | DOWNLOAD NOWhttps://go.metamask.io/BL-Pod-Download🌐BRIX | EMERGING MARKET YIELDhttps://bankless.cc/brix💰NEXO | YIELD + CREDIT LINEhttps://bankless.cc/nexo---TIMESTAMPS0:00 MegaETH Reaches TGE: KPIs and Milestones3:10 The 10 Apps That Unlocked Launch8:12 Composability for New Crypto Apps11:22 World Markets as MegaETH’s Liquidity Hub14:13 USDM and the First Revenue Stream15:59 Co-Location, Low Latency, and Proximity Markets19:40 Proximity Markets vs. MEV22:13 Revenue and Token Value Accrual25:15 Ethereum Decentralization as a KPI27:40 Token Unlocks and Launch Supply30:31 Terminal, Incentives, and Flux32:28 MegaETH vs. Appchains38:31 Could MegaETH Support Polymarket Scale?41:12 AI Agents on a Fast, Cheap Chain47:23 KelpDAO, Arbitrum, and L2 Decentralization55:38 Life After TGE---RESOURCESShuyao Konghttps://x.com/hotpot_daoLai Yanghttps://x.com/yangl1996---Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures