MegaETH will launch a pre-deposit cross-chain bridge on November 25th, with a total cap of $250 million.

PANews reported on November 20th that MegaETH will launch a pre-deposit cross-chain bridge on November 25th. All users who have completed the public sale registration for MEGA tokens on the Sonar platform and do not reside in countries on the restricted list are eligible to participate in the USDm pre-deposit. Users can only participate using one wallet, and that wallet must have been verified on Sonar for the MEGA token public sale. Pre-depositors will receive relevant benefits from the rewards program. There is no upper limit to individual deposits, and it is processed on a first-come, first-served basis, but the total limit for the entire program is $250 million. After depositing, users will receive USDm directly in the same wallet address on the first day of the MegaETH mainnet launch at a 1:1 ratio, without restriction or conditions. The eligible deposit asset is USDC on the Ethereum mainnet. Users cannot withdraw their deposits before the USDm is distributed and must wait for the USDm to be distributed on the MegaETH mainnet.