After the MegaETH quota expansion, it appears that quotas were claimed in advance; the total quota has now been adjusted to 500 million USD.
According to ChainCatcher, community feedback indicates that MegaETH has announced an increase in the USDm cap to 1 billion USD, with bridging set to open at midnight tomorrow (GMT+8). However, it appears the quota may have already been claimed in advance.
The team originally planned to use pre-signed transactions and execute the cap increase at a designated time to ensure the event would start on schedule. However, the team did not realize that any signed transaction could be broadcast by anyone. It is suspected that crypto whale @chud_eth exploited this loophole to execute the cap increase ahead of time, thereby securing the allocation of USDm in advance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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