MegaETH: The Token MEGA will be used to activate the platform sequencer rotation and adjacent market features.

According to Foresight News, MegaETH announced the launch of the Token MEGA, which will activate two key features of the platform: Sequencer Rotation and Proximity Markets. The roadmap for MEGA will be announced later. The sequencer rotation mechanism ensures that active sequencers around the world operate in a rotating order based on economic days, including Tokyo, the Netherlands, Northern Virginia, and Los Angeles. During each time window, operators need to stake MEGA tokens to compete for being an active sequencer, with the selection process taking into account the amount staked, historical performance, and infrastructure conditions, while faulty sequencers will be penalized. The result of this mechanism is that end-to-end latency can track the most active locations of users, ensuring that ranked standby sequencers can immediately take over in the event of a failure, thus achieving predictable and continuous operations around the clock.