MegaETH: Refund all funds raised through the Pre-Deposit Bridge

BlockBeats News, November 28th, MegaETH's official post stated that they have decided to refund all funds raised through the pre-deposit bridge. The depositors' contributions will not be forgotten, but all communication must follow compliance standards.

The refund process requires a new smart contract, which is currently under audit, and the refunds will take place later. USDm is a crucial part of the MegaETH ecosystem and will receive support from numerous mainnet test versions of the Frontier application.

Therefore, MegaETH will reopen the USDC to USDM conversion bridge before the Frontier mainnet launch to increase liquidity and facilitate user access before the launch.