Moneta Staking
There is only one thing you can do with the $MON token: Stake it in the Staking Pool and profit from the revenues the Moneta protocol is generating.
To start staking, all you need to do is deposit your MON token to the DeFi Franc staking contract. Once done you will start earning a pro rata share of the borrowing and redemption fees in DCHF, ETH and wBTC.
Your MON stake will earn a share of the fees equal to your share of the total MON staked, at the instant the fee occurred.
No, you can withdraw your staked funds at any time.
No, staked MON are not used to backstop the DeFi Franc system and are not used for governance as there is no DeFi Franc governance.
Last modified 5mo ago