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Seeing a lot of outrage over the MegaETH Terminal rewards today.
Honestly, I understand both sides.
I got around $6 back.
Meanwhile, I spent over $400 on NFTs alone
interacted with multiple protocols, paid fees, provided liquidity, and spent weeks farming points.
On paper, that’s a terrible ROI.
But here’s where I think many people are looking at it the wrong way.
Most of the money we spent wasn’t spent on MegaETH itself.
We were interacting with apps, NFTs, LPs, casinos, games, and protocols built on MegaETH.
Those were separate bets.
If you bought an NFT and it went to zero, that’s not necessarily a MegaETH loss. That’s the risk you accepted when buying the NFT.
I knew that risk when I aped in.
The same way nobody refunds your losses when a gamble goes wrong, nobody owes you profits because you farmed points.
The bigger context is that Terminal itself was shut down early because it wasn’t achieving the level of adoption and revenue the team wanted. The program ended before completing its intended run.
If the project had generated massive revenue and still distributed crumbs, that would be a different conversation.
Do I think people are right to feel disappointed?
Absolutely.
Some users put in serious capital and time.
But this should also be a reminder that farming is still investing.
Capital is at risk.
Rewards are never guaranteed.
Put in what you can afford to lose, and preferably interact with products you’d use even without an airdrop.
For all its flaws, MegaETH still built some impressive tech and attracted a vibrant ecosystem. This Terminal chapter just didn’t end the way most people hoped.
Sometimes that’s crypto.
You win some.
You learn from the others