LOCKED MONAD TOKENS ARE NOT STAKEABLE
Monad has been built painstakingly over the past 3.5 years. We take a long term view and aren’t afraid to do things differently from others.
Today, ahead of the launch of the Public Mainnet, I’d like to share an important element of the Monad tokenomics design: locked MON may not be staked.
Time and time again in previous blockchain launches, the crypto community has had the same complaint: insiders’ ability to stake and earn rewards (liquid or otherwise) on locked tokens. We heard those complaints and are taking a firm stance on this matter, in an effort to set a new standard for the space.
The north star of Monad is true decentralization. The network will go live with 200 globally distributed validators that are run on consumer-grade hardware. While it would have been easier to cut corners, our team has taken the hard road in designing a system that delivers both performance and decentralization. What we build must stand the test of time. I believe that this firm stance on staking of locked tokens similarly positions Monad toward long-term success through better token distribution.
On a personal note, I appreciate the support of investors including @paradigm, @dragonflyvc, @ElectricCapital, and @CastleIslandVC. We build for the long term and are grateful for the long-term-oriented thinking and support of Monad’s earliest backers.
No shortcuts!
Announcing The Conviction Round Methodology
We've spent the last 5 days sorting through $1.39B dollars and 53,000 bidders to find the right owners for $MEGA's Public Sale.
Namik's article deeply details our approach and the shape of allocations. Scroll for highlights. (thread)
The future of AI & robotics isn't centralized cloud. It's "at the edge"
Most edge networks nowadays are for streaming contents only, they lack support for model routing, LLMs, intelligence. Therefore, The Edge is built different
Blending AI and blockchain, decentralized edge network like The Edge will play a critical role in unlocking AI's true potential in the physical world, enabling responsive, private, affordable and accessible for everyone, powering:
→ smart homes
→ responsive robots
→ autonomous cars/systems
→ business management
→ and more
Built by the people.
Built for the people.
Each Edge Operator is an owner of The Edge.
⚠️ Important Update: The reward claim feature was affected by an error in the latest Metamask mobile version (7.54.1). We have optimized the app on our side
At the moment, to claim your $TOPS rewards, please import another wallet into your Metamask and process the claim to that new address.
For further assistance, please open a ticket in our Discord: https://t.co/7ynIizLJVy
Not only focusing on hardware development, we believe community matters
In The Edge Ecosystem, our community is rewarded by contributing compute and dedication to the network, while maximizing passive earnings through 3 ways:
→ Staking $TOPS. Each Edge Device has a different farming power
→ @pedgechu app: Turn on 5G to earn (coming soon)
→ Stay consistent and join airdrop campaign(s)
We aim to be on top!
Get your own device and earn $TOPS from all 3 ways at 👇
@PlasmaFDN
just announced mainnet beta next week on 25th Sep 8:00 AM ET.
https://t.co/B8nDeCR1Jx
When most crypto user having issue with fees plasma brought us for this solution in 2025. Very excited to see how the zero fees system work and how it gonna develop in the future!
Thursday $TOPS day. Here's your to-do-list:
1. Claim your weekly rewards
2. Edge Node: ON! 🌐 Run your device
3. Sip cobbee & join Airdrop SS2
Join the movement & boost $TOPS by ordering your own device 👇
The Edge (noun):
Alternative name of iG3 - A decentralized network built on @peaq, providing fast, affordable, private, accessible infrastructure for real-time AI, and token-powered
Are you plugged in? 🔌
Pedgechu morning! Have you checked in yet?
Show your throngs 🫵
Haven't got your own Pedgechu Throngs? Order a device via our official distributors for faster service 👇