The Monad (MON) team has shared comprehensive details regarding its token economy in anticipation of the highly awaited mainnet launch. It has also been confirmed that the MON token will be the inaugural asset to be listed on Coinbase's newly launched platform next week.
Token Supply and Initial Distribution
According to the project's announcement, the total supply of MONAD mainnet tokens was established at 100 billion upon its launch. Of this total supply, 49.4% is slated for release into circulation on the first day. The largest portion has been designated for the Ecosystem Development Fund, a strategic allocation aimed at accelerating the project's development process.
The MON token is scheduled for release on November 24th.
The official distribution table released by Monad outlines the initial supply allocation as follows:
- •Ecosystem development: 38.5%
- •Team: 27.0%
- •Investors: 19.7%
- •Category Labs Bolt: 4.0%
- •Public offering: 7.5%
- •Airdrop: 3.3%
Circulating Supply and Lockup Periods
Upon the Mainnet going live, approximately 10.8 billion MON, representing 10.8% of the total supply, will be distributed through public offering and airdrop. These tokens will be immediately available for ecosystem utilization.
Additionally, 38.5 billion MON will be allocated to the Ecosystem Development Fund. This fund is currently unlocked and managed by the Monad Foundation. This combined allocation will result in a total of 49.4 billion MON entering circulation on the first day of the mainnet launch.
Tokens held by investors, team members, and those in the Category Labs Vault will be subject to lockup on the first day of the mainnet release. To ensure long-term commitment and stability, the project has implemented a minimum lockup period of one year for these participants. Consequently, these tokens will remain locked until November 2026, with individual unlocking schedules determined by specific group rules.
*This information is for informational purposes only and does not constitute investment advice.