We may not realize the craziness of the USDM announcement from @megaeth_labs.



Since it's backed by BUIDL, it means a yield of 4% per year on the ENTIRE TVL!

I compared the annual revenue that MegaETH would generate if it had the TVL of Ethereum, Solana, or Base, against other L1/L2.

In my opinion, what they're doing is super smart as usual, a new way to create revenue with user onboarding.
LA0.14%
ETH-0.9%
SOL1.06%
L1-1.34%
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