Shuyao Kong

speaker

178 appearances 1 recordings 1 series first heard Apr 2026 last heard 30 Apr

Shuyao Kong’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Apr 2026 with 1.

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Bankless · MegaETH Token Launch with Co-Founders Shuyao and Lei · 30 Apr 2026 podcast

So for us to also get, we are also incentivized to get more mega to hit our KPI, to continue to earn tokens.

So everyone, I think the mega token is so beautiful because it just aligns people who are naturally not aligned.

historically, right?

The retails are complaining the VC is dumping on them.

The VC is saying, hang on, the founders also dump on me.

And then everyone is just like pointing at each other like Spider-Man.

But what we're trying to do here is like, look, the core team took Solitaire.

look, we give retail allocation at very low valuation.

Look, this thing has a revenue stream.

And look, everybody earned token by, you know, staking to earn KPI.

And look, by the way, we love Ethereum so much that one of the KPIs is Ethereum decentralization.

So yeah, I think things come into a nice place because we just spend hours trying to like, again, apply imagination and creativity to token because we don't view token as equity.

I can share the rationale because we are an Ethereum layer 2 and we took performance trade off.

It is to our interest that Ethereum layer 1 to be as decentralized as possible.

So instead of just shouting it on top of our lawn, we're like,

we're just going to allocate token toward that KPI and everybody wins if that KPI is getting hit.

I think our token is like super transparent.

I think to start with, everyone had a cost base.

Everyone who gets Mega, invests in Mega, there is zero airdrop farming.

I think when we started, there's no airdrop farming.

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