MegaETH will refund all funds raised through the pre-deposit bridge

Foresight News reported that MegaETH tweeted it will refund all funds raised through the Pre-Deposit Bridge. "The execution of this event was hasty, and the expected goals did not align with our original intention of preloading collateral to ensure a 1:1 USDm exchange rate on the mainnet. The refund process requires the creation of a new smart contract, which is currently under audit. Refunds will be initiated immediately after the audit is completed. We will reopen the USDC and USDM exchange bridge before the launch of the Frontier mainnet."