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

CoinDesk
Monad detailed its MON tokenomics, including a public sale on Nov. 17 and an airdrop on Nov. 24, before its mainnet launch.

Summary

The Monad Foundation has revealed the initial tokenomics for its native MON token as it prepares for the mainnet launch on November 24. A public sale of 7.5% of the initial supply will commence on Coinbase’s Token Sales platform on November 17 at $0.025 per token, followed by a 3.3% airdrop seven days later. The total initial distribution allocates 38.5% to ecosystem development, 27% to the team, 19.7% to investors, 7.5% to the public sale, 4% to the treasury, and 3.3% to the airdrop. Approximately 10.8% of tokens are expected to be in public circulation at launch. The foundation emphasizes that the structure is designed to encourage long-term participation, with most allocations subject to vesting schedules to align incentives as the high-performance, EVM-compatible layer-1 network gradually decentralizes.

(Source:CoinDesk)