#Monad : The Fastest EVM-Compatible Layer 1 Blockchain?
1. Monad: What Is It?
1.Monad is a Layer 1 blockchain that is EVM-compatible, meaning it can run Ethereum-based smart contracts while solving Ethereum's scalability issues.
The MON token sale is now live on Coinbase.
This is the first ever token sale on Coinbase. It is accessible in over 80 countries, including the U.S. 🇺🇸
The sale is open for 5.5 days - more information here:
https://t.co/3ClfTuZZlI
🚨 Exposing $MON @monad Tokenomics :
99% Folks Didn't Know This...
1️⃣
Monad claims Total Supply = 100B,
but the real figure including validator rewards = 108.2B.
They mentioned validator rewards only at the bottom of the article, not in the total supply section - which makes it look like they’re hiding extra supply.
Be transparent Pls, If 8.2B will exist before burning, then show it clearly
If you’re gonna burn, fine - but show full numbers before the burn.
Should’ve said:
- Total Supply: 100B
- Max Supply: 108.2B
Burning is fine, but the timing and transparency before burn matters - since that supply still exists in circulation potential until destroyed.
2️⃣
Lmao, in Monad’s ecosystem development section - they clearly mentioned that a portion of the ecosystem supply will be used for the Monad Foundation’s operating expenses.
So basically, all the foundation’s bills & internal expenses will come from ecosystem tokens (which were supposed to be for builders, grants & growth).
Now here’s the real question👇
They already raised $250M from top VCs, and are now raising ~$190M through the public sale → So why are they still using ecosystem supply for expenses?
Bro, if that’s not greed, what is?
VC's money + Public raise + Ecosystem tokens for expenses = Triple-dipping on community resources.
3️⃣
They said “working for the community” -
But out of the entire token supply, only ~11% is allocated to the community.
4️⃣
Honestly, this is just my personal opinion - We all know Monad already raised ~$250M from VCs, so if they truly wanted to support the community, they didn’t need to price this sale at such a high valuation.
$2.5B FDV (without any product yet) is crazy high, If they do this at around $1B FDV, it would’ve been way more fair for the community.
Also, they should’ve prioritized early Monad contributors in the sale.
Not sure who’s handling their marketing decisions, but this one was seriously disappointing.
TBH, i didn't liked Monad tokenomics..