Monad Foundation Unveils Tokenomics Ahead of Nov. 24 MON Token Airdrop

The Monad Foundation is set to launch its MON token with a public sale on Coinbase's Token Sales platform starting November 17 and an airdrop planned for November 24. The airdrop will distribute 3.3% of the total supply, while the public sale will account for 7.5% at a price of $0.025 per token. The tokenomics include allocations of 38.5% for ecosystem development, 27% for the team, 19.7% for investors, 4% for the treasury, and the aforementioned airdrop. At the mainnet launch, approximately 10.8 billion MON tokens, equivalent to 10.8% of the total supply, will be unlocked and in circulation. The Monad project aims to redefine layer-1 blockchain performance while remaining compatible with Ethereum, focusing on decentralization and security. The team emphasizes the design's intention to foster long-term engagement rather than short-term speculation, with vesting schedules in place to manage allocations for the team and ecosystem.

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