Dev Docs
Monoswap Protocol
Getting Started
$MONO Token
Library
⛓️ Tokenomics
$MONO Tokenomics
Supply
- 1.Max Supply: 100,000,000 MONO token (ERC20)
- 2.Growth: 42,000 initially, issue per 6,000 blocks, decay at 0.999
Minting vs Burning
- 1.LPs providing liquidity in selected/promo pools will get non-transferrable $MONO shares
- 2.Stake promo assets to get $MONO tokens: a. Protocol fees are allocated for purchasing and burning $MONO tokens. The initial reward will be 42,000 MONO issued per 6,000 blocks decay at 0.999
- 3.Removing liquidity burns non-transferrable $MONO shares accordingly.
- 4.Revenue is also allocated to our DAO Treasury owned by $MONO token holders
Future MONO Token (ERC20)
- Future MONO is an ERC20 token that is tradable just like any other ERC20 token.
- At TGE Future MONO is distributed to Seed and Strategic holders.
- Future MONO releases the underlying MONO tokens based on the maturation schedule.
- It allows us to release MONO slower while at the same time giving investors liquidity and control over when they wish to sell their tokens.
Initial Distribution
- 1.% of $MONO tokens will be sold in Seed and Private round
- 2.We will list MONO on our own AMM for the community. Listing Date TBD.
Last modified 3mo ago