MegaETH to Refund Pre-Deposit Bridge Funds and Reopen USDC-USDM Bridge Ahead of Frontier Mainnet Launch

COINOTAG News reports that on November 28, MegaETH disclosed a formal decision to refund every contribution raised through the pre-deposit bridge. The issuer affirmed that depositor funds will not be forgotten, while all communications will adhere to strict compliance standards and regulatory oversight.

The refund process relies on a newly deployed smart contract, presently undergoing a dedicated audit. Pending audit completion, the reimbursement flow will progress accordingly; the project did not specify a fixed timetable for payouts, emphasizing transparency and risk management.

To enhance liquidity ahead of the Frontier mainnet launch, MegaETH plans to reopen the USDC to USDM conversion bridge. The USDm token remains a central ecosystem pillar, with anticipated support across multiple Frontier mainnet test versions to facilitate user access.