# About ## **What is $MONO?** $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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.monox.finance/usdmono-token/about.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.