🪙 Token and Utility
Token Overview
Our platform operates on a well-structured tokenomics model designed to ensure long-term sustainability, incentivize community engagement, and foster ecosystem growth. Below is an outline of our token distribution, unlocking schedules, and key token use cases.
Token Utility
Higher Payouts Users holding tokens enjoy a higher winning payouts (e.g., 1.8x multiplier vs. 1.3x)
Staking & Rewards Tokens are distributed as rewards for providing liquidity in key trading pairs, ensuring robust trading volumes.
Ecosystem Incentives Token ownership may grant access to partner discounts, cross-platform collaborations, and referral perks
How to Earn Tokens
Other than buying $MON on the open and decentralised market, one can earn $MON by any of the following activities:
Rebates New & OG users will be able to receive MON tokens as rebates for their lost trades.
Social sentiment tool Users earn $MON tokens by commenting on their own bets.
Staking Rewards Users will be able to stake their crypto tokens in Monet’s liquidity pool and receive $MON tokens as a reward
Copy Trading Successful traders earn $MON tokens when users pay to access their live trades.
Token Mining Users "mine" $MON tokens by pressing a button every 5 hours in a testnet phase. This helps build early community engagement.
Engaging in Chat Rooms & Masterclasses Hosting trading discussions or masterclasses earns $MON tokens.
Trading & Challenges Special trading competitions where top traders win $MON. Potential weekly challenges with rewards for high accuracy.
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