Convert sjUSD SJUSD to MegaETH MEGA

jUSD is a decentralized synthetic dollar issued by Aegis. It maintains a stable value close to $1 and is backed by collateral held in JLP, the liquidity provider token of the “Jupiter Perps” exchange. JLP earns yield from trading fees, funding payments, and liquidation revenue generated by perpetual futures markets. Price exposure from JLP is mitigated by shorting the corresponding perpetual futures for each underlying volatile asset. This creates a delta-neutral position that allows jUSD to function as a yield-generating digital dollar.

MegaETH is the first real-time blockchain, delivering streaming throughput with 10-millisecond latency and up to 100,000 TPS. Developers scale applications with real-time state streaming, while users experience instant transactions. On top of this foundation, MegaETH onboards a new class of applications through its accelerator program, MegaMafia. These applications range from RWA and FX to entertainment finance and complex, fully onchain DEXs. $MEGA is the network token of MegaETH and serves as the economic engine of the ecosystem. Its design rests on two pillars: $USDm, which drives value accrual as capital is deployed across a growing set of native applications, and proximity markets, which monetize access to real-time execution.