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(Please note tokenomics are not final and subject to change before launch. Updates will be relayed.)
$MONO is the governance token for MonoX. $MONO holders will be able to participate in DAO votes and own the treasury. A portion of protocol fees will go to the treasury.
Our tokenomics ensure:
- Utility through Governance
- Network participation
- Incentivization mechanisms for liquidity providers.
- Retroactive token distribution via airdrop to reward early beta users.
- Long term value accrual: i. Network effect provides impetus for token value appreciation as MonoX protocol grows.