MON. The Revenue-Sharing Token of the DeFi Franc Protocol.
There are two ways on how to receive the MONETA token:
You can do following things with the $MON token:
- Liquidity Bootstrapping (2,5%)
- 1.000.000 MON will be paired with up to 750 ETH (~$1.000.000 Dollar at the time) to create a Liquidity Pool on Uniswap.
- 1.500.000 MON will be given out as Rewards for the Users providing the ETH. The Rewards will be distributed linearly over the course of 6 months.
- DAO Seed Funding (9.174%)
- 9.174.000 MON. The DAO was given money to fund the Development. In return they received MONs.
62.326.000 MONs are allocated to set incentives. 100% Allocation at TGE. The DAO determines the Distribution.
Following the New Emissions in the Stability Pool and Liquidity Strategy for the first year.
- Team & Advisors (10.000.000 MON)
- 0% Allocation at TGE
- 1 Year Frozen
- 1 Year Linear Distribution until 100% is reached.
- 5.882.676 MON for the GHNY Holdings Snapshot
- 5.291.841 MON for the GHNY Freezers
- 3.825.483 MON for LQTY Holders
1.000.000 MON were distributed in a Giveaway. The tokens are distributed over 1 year.