Trending topics
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
In the MegaETH ICO they are selling 5% of their token supply after buying back 4.5%.
The allocation was from a fund that had a 1-year cliff and was forced to liquidate, meaning this sale is essentially redistributing tokens already vested.
If I’m thinking about it from their perspective, you’ve got 50k+ bidders and $1.39B committed. You can’t reward just a few wallets without wrecking optics or trust.
First, you would want to filter out sybils, dead wallets, and inactive socials, probably cutting 30–40% of bidders, leaving around 25–30k valid entries.
Then you’d want to reward at least 10–20k wallets so the sale feels inclusive.
From there, you bias allocation toward conviction:
> around 50–60% of total to people who locked
> next priority to wallets with strong on-chain + social history + mega eth aligned
> smaller or zero allocations to unlocks and weak wallets
Since this 5% contributes a large portion of the initial REAL circulating float, optics and token performance matter more than anything else.
You want a broad, conviction-weighted base, not a handful of outsized allocations.
Disclaimer: I participated in the Mega ETH ICO, I didn’t lock, so it’s in my interest to hope they reward people who didn’t lock their allocation. In this post I am being pessimistic and hoping for a big allocation.
Nov 2, 17:01
Seeing a lot of bad takes about the locked vs unlocked allocations from the MegaETH sale.
Locking your allocation will have WAY less impact on your final allocation than many here think.
A lot of people assume that because MegaETH could theoretically give the entire allocation to locked participants, the unlocked ones will barely get any.
First of all, the team was very clear in their communication that other factors (on-chain, social) are the main criteria.
Do you really think the team would invent such a complex system just to end up giving everything to locked allocs?
Second, saying that locking tokens is more bullish for the chart is short-term thinking.
Sure, there’s less sell pressure at TGE — but long-term, it’s way better to give 5% of the supply to the community at TGE than 5% a year later.
Let the people who want to dump, dump at TGE. That’s much better than everyone knowing and front-running that in a year a big chunk of supply will hit the market.
Lastly, there’s the math.
Roughly ~10% of total commitments are locked. Even if 20% of the total allocation went to locked participants, that bucket would already be getting more than double the allocation of the unlocked ones (on average). And that would already be quite generous in my opinion.
So don’t worry if you didn't lock your allocation. You will be fine.
TLDR
Have a feeling that anyone who locked up with any sort of good onchain/social history will be prioritized
Hope i’m wrong as I don’t lock for a 1 year cliff
24.52K
Top
Ranking
Favorites