The Monad mainnet has officially launched, marking a significant milestone for the blockchain project. The recent MON token sale on Coinbase attracted 85,820 participants, raising $269 million. Monad's tokenomics reveal a total supply of 100 billion MON tokens, with 50.6% initially locked and set to be gradually unlocked by the end of 2029.
In addition to the 7.5% of MON tokens distributed through Coinbase, Monad has allocated over 3.3 billion tokens, or approximately 3.3% of the total supply, for community airdrops. This strategic distribution aims to foster community engagement and support the network's growth.
Monad Mainnet Launches with Over Half of MON Tokens Initially Locked
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