Key Information at a Glance
- •Monad excludes locked tokens from staking ahead of its mainnet launch.
- •Only unlocked MON tokens are eligible for staking rewards and governance participation.
- •Approximately 33% of MON tokens are expected to be in initial circulation at launch.
Monad Labs Opens MON Token Claim Portal
Monad Labs has opened the MON token claim portal, implementing a policy that excludes locked tokens from staking eligibility prior to the mainnet launch. This means that only unlocked MON tokens will be permitted to participate in staking, which will also grant access to staking rewards and governance rights.
This strategic decision is anticipated to influence initial staking ratios, market dynamics, and liquidity within the Monad ecosystem, as MON holders are expected to adjust their resource allocation in anticipation of the mainnet debut.
Mainnet Launch and Token Distribution
Monad Labs has announced the exclusion of locked tokens from staking eligibility, a move that paves the way for its upcoming mainnet launch. The founders, Keone Hon and James Hunsaker, bring extensive experience in trading technology and development to the project. The policy clearly states that only unlocked tokens will be eligible for staking.
During the initial phase of the mainnet, it is projected that approximately 33% of the total MON tokens will be in circulation. The remaining tokens will be subject to vesting schedules. This carefully considered approach allows Monad to effectively manage its tokenomics in the period leading up to the mainnet launch.
Staking Opportunities Restricted to Unlocked Tokens
This specific policy has a direct and significant impact on staking activities and the flow of liquidity within the Monad ecosystem. Only individuals who hold unlocked MON tokens will be able to participate in earning staking rewards and engaging in governance activities, thereby narrowing the pool of initial participants.
Investors are currently reassessing their allocation strategies in light of the fact that locked tokens are not eligible for early staking. This restriction is likely to increase the potential yields for those participants whose tokens are eligible. This arrangement is expected to establish a more concentrated validator set-up.
Comparison with Previous Launch Strategies
Historically, major blockchain project launches, such as those of Aptos and Sui, have implemented comparable staking restrictions. These past occurrences demonstrated lower initial staking ratios and consequently higher yields for initial liquid token holders, which generally favored strategic early participation.
Industry analysts predict that Monad's decision to exclude locked tokens aligns with effective measures for controlling inflation. This strategy has the potential to lead to reduced supply-side pressure as the platform matures and gains wider adoption.
Monad Foundation Confirms Airdrop Date
The Monad Foundation officially confirmed via its X (formerly Twitter) account that its token airdrop is scheduled for November 24. This announcement provides ecosystem users with a definitive date for what has been one of the most highly anticipated airdrop events of the year.