I'm losing money on @megaeth right now, like most of you.


Token near ATL. Stakers on Flux are underwater. Farming feels forced and frustrating with low point emissions.
Not saying MegaETH is failing. But Terminal is hurting the user experience imo.
Three system-level issues:
1. The points system is too opaque by design.
"Boost 3 apps per week" forces focus without telling you what's worth focusing on. Users are guessing which apps will actually pay out. So they spread risk into random casino games and lose $20 in minutes instead of compounding into the apps that matter.
I like Blast's design better (hello there). It publicly announced which tier each protocol was on (Bronze, Silver, Gold). Bad protocols got zeroed out iirc.
Users knew exactly where to farm. The result was concentrated liquidity in apps that deserved it.
I think MegaETH already has implicit tiers internally. Just make them public.
2. The Terminal treats all apps as equal. But they aren't.
A few apps on Terminal are genuinely good, e.g. @hitdotone @OffshoreOnMega @Showdown_TCG @TopStrikeIO
But most dilute the experience. Users try a cheap game 3 times, lose $50, log off, and tell their friends MegaETH is mid.
MegaETH doesn't need 100 apps. It needs 5 great DeFi apps and 5 great game apps to kickstart the first wave.
I think MegaETH knows which protocols they should back. Just push them hard explicitly, because the high quality ones deserve better.
3. DeFi has no anchor product.
Most thought @monad was dead, but I've actually been farming vaults there for 6 months. There are decent opportunities with good yield.
MegaETH needs flagship vaults. Stable yield plus Terminal points would pull in real and sticky TVL.
They also need a new leading perp that can showcase their TPS. GMX and Gains ain't it.
Tier the apps. Curate the experience. Ship the yield product. Land the perp DEX.
I'm still farming. Just want the system to match its potential.
MEGA-7.05%
FLUX-7.18%
BLAST-6.09%
MON-4.64%
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