According to PANews reports, the blockchain project MegaETH experienced a significant turning point during its pre-sale phase last month. The initial deposit limit of $250 million was filled within 156 seconds, prompting the project team to make urgent adjustments.
Recovery from Short-Term Halt Clearly Demonstrates High Demand
According to an official announcement from MegaETH, the $1 million pre-funding event was temporarily halted due to excessive requests from third-party service providers. However, after the system was restored, the allocated cap of $250 million was fully filled in just 156 seconds. This astonishing speed indicates strong market interest in the MegaETH project.
Full Protection of Participants’ Rights — Security Guaranteed by Auditing Firms
To allow more users to participate on the first day, MegaETH announced a significant increase in the deposit limit to $1 billion as a decision by the project management. Importantly, it is explicitly stated that the rights of previous participants will not be affected in any way.
Security is the top priority. The official statement emphasizes that all contracts have been rigorously audited by security audit specialists Zellic and Slowmist. With approval from both firms, the system’s security is assured.
Cross-Chain Bridge to Resume in China Standard Time
On the technical side, MegaETH’s cross-chain bridge functionality is scheduled to resume at 11:00 AM Eastern Standard Time. This time corresponds to late night in China Standard Time, but an operational system has been put in place to serve a global user base. With the resumption of the bridge, fund transfers between multiple chains will proceed smoothly, enabling more participants to access the MegaETH ecosystem.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
MegaETH raises the deposit limit to $1 billion — building trust through security audit systems
According to PANews reports, the blockchain project MegaETH experienced a significant turning point during its pre-sale phase last month. The initial deposit limit of $250 million was filled within 156 seconds, prompting the project team to make urgent adjustments.
Recovery from Short-Term Halt Clearly Demonstrates High Demand
According to an official announcement from MegaETH, the $1 million pre-funding event was temporarily halted due to excessive requests from third-party service providers. However, after the system was restored, the allocated cap of $250 million was fully filled in just 156 seconds. This astonishing speed indicates strong market interest in the MegaETH project.
Full Protection of Participants’ Rights — Security Guaranteed by Auditing Firms
To allow more users to participate on the first day, MegaETH announced a significant increase in the deposit limit to $1 billion as a decision by the project management. Importantly, it is explicitly stated that the rights of previous participants will not be affected in any way.
Security is the top priority. The official statement emphasizes that all contracts have been rigorously audited by security audit specialists Zellic and Slowmist. With approval from both firms, the system’s security is assured.
Cross-Chain Bridge to Resume in China Standard Time
On the technical side, MegaETH’s cross-chain bridge functionality is scheduled to resume at 11:00 AM Eastern Standard Time. This time corresponds to late night in China Standard Time, but an operational system has been put in place to serve a global user base. With the resumption of the bridge, fund transfers between multiple chains will proceed smoothly, enabling more participants to access the MegaETH ecosystem.