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

The Monad Foundation has announced the tokenomics for its upcoming MON token, preparing for airdrop and mainnet launch on November 24. A public sale of MON will begin on Coinbase's Token Sales platform on November 17, with tokens priced at $0.025 each. The MON supply will be distributed as follows: 38.5% for ecosystem development, 27% for the Monad team, 19.7% for investors, 7.5% for the public sale, 4% for the treasury, and 3.3% allocated for an airdrop. At the mainnet launch, approximately 10.8 billion MON tokens, representing around 10.8% of the total supply, will be unlocked and in circulation mainly through the public sale and airdrop. The Monad project aims to establish a high-performance, Ethereum-compatible network capable of processing transactions in parallel while ensuring decentralization and security. The token distribution strategy is designed to foster long-term participation over speculation, with allocations to be vested over time, supporting gradual decentralization.

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