温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/hi/60500.html
点击访问原文链接

Deciphering Monad’s 18-page sales document: How does the 0.16% market-making stake support a $2.5 billion FDV? | Bee Network

进入原网站 导航首页
Deciphering Monad’s 18-page sales document: How does the 0.16% market-making stake support a $2.5 billion FDV? | Bee Network Login ट्रेंडिंग न्यूज़ मीम लॉन्चपैड एआई एजेंट डेस्सी टॉपचेनएक्सप्लोरर न्यूबी के लिए 100x सिक्के मधुमक्खी खेल आवश्यक वेबसाइटें एपीपी अवश्य होना चाहिए क्रिप्टो हस्तियाँ डेपिन नौसिखिया आवश्यक ट्रैप डिटेक्टर बुनियादी उपकरण उन्नत वेबसाइटें एक्सचेंजों एनएफटी उपकरण नमस्ते, साइन आउट वेब3 यूनिवर्स खेल डीऐप मधुमुखी का छत्ता बढ़ता हुआ मंच विज्ञापन खोज अंग्रेज़ी रिचार्ज सिक्के लॉग इन करें डाउनलोड करना वेब3 यूनी खेल डीऐप मधुमुखी का छत्ता विज्ञापन घर•विश्लेषण•Deciphering Monad’s 18-page sales document: How does the 0.16% market-making stake support a $2.5 billion FDV? Deciphering Monad’s 18-page sales document: How does the 0.16% market-making stake support a $2.5 billion FDV?विश्लेषण4 महीने पहलेहाँव्याट 15,495 3 With the countdown to the Monad (MON) token’s public sale on Coinbase underway, its 18-page disclosure document has become the focus of the market.

This document, provided by MF Services (BVI), Ltd., a subsidiary of the Monad Foundation, provides a comprehensive overview of Monad, from its project structure and financing to token allocation, sales rules, transparent market maker information, and security risk warnings. It offers investors the crucial information necessary for informed decision-making and reflects the project team’s commitment to transparent operations.

In addition to key figures such as “$2.5 billion FDV”, “$0.025 per token”, and “7.5% public sale ratio” that have been widely cited by the media, this document also systematically discloses a large number of details that cannot be ignored, including legal pricing, token release schedule, market-making arrangements, and risk warnings.

Of particular note is the document’s extensive and systematic listing of multi-dimensional risks related to the token sale, the Monad Foundation, the MON token, the Monad project, and its underlying technology. Users interested in investing in the MONAD token are advised to thoroughly study this document to make informed investment decisions.

Legal Framework The Monad Foundation is offering the product publicly on Coinbase through its subsidiary MF Services (BVI) Ltd. MF Services (BVI) Ltd., a wholly owned subsidiary of the Monad Foundation registered in the British Virgin Islands, is the seller in this token sale. The Monad Foundation is the sole director of MF Services (BVI). Details of the core development entity and the $262 million financing. Monad’s core contributors are the Monad Foundation and Category Labs, Inc. (formerly Monad Labs, Inc.). The Monad Foundation is a Cayman Islands-based foundation company dedicated to supporting the development, decentralization, security, and application promotion of the Monad network through a range of services including community engagement, business development, developer and user education, and marketing. Category Labs, headquartered in New York, provides core development services for Monad clients. Monad’s three co-founders are James Hunsaker (CEO of Category Labs), Keone Hon, and Eunice Giarta. The latter two are co-GMs of the Monad Foundation. The Monad Foundation is overseen by a board of directors consisting of Petrus Basson, Keone Hon, and Marc Piano. Funding timeline: Pre-Seed: Raised $19.6 million between June and December 2022; Seed round: $22.6 million raised in January-March 2024; Series A: Raised $220.5 million between March and August 2024; In 2024, the Monad Foundation received a $90 million donation from Category Labs to cover operating expenses from 2024 to 2026. This donation is part of the $262 million raised by Monad Labs in various funding rounds. Key information in the sales terms टोकन sale period: 22:00 on November 17, 2025 to 10:00 on November 23, 2025. Token sale ratio: up to 7.5 billion MON (7.5% of the initial total supply). Selling price: $0.025 per MON. If all are sold, $187.5 million will be raised. The minimum investment is $100 and the maximum is $100,000 (Coinbase One members may enjoy a higher limit according to the platform’s terms and conditions). FDV: $2.5 billion The document discloses a “bottom-up” oversubscription allocation mechanism to ensure broad allocation and prevent large investors from monopolizing the market. If oversubscription occurs, a bottom-up allocation mechanism will be used to maximize distribution among participants while limiting the asset concentration of large buyers. Example: In a sale of 1000 tokens: three users (small/medium/high amount) apply for 100/500/1000 tokens respectively. In the first round of allocation, each user receives 100 tokens (the remaining 700 tokens are fully allocated to the low-amount user). In the second round of allocation, the remaining 700 tokens are divided equally between the medium/high-amount user, with each receiving 350 tokens. Final allocation: Small user receives 100 tokens, medium user receives 450 tokens, and high-amount user receives 450 tokens. Token allocation and release status The MON token economic model is shown in the following diagram:

The following chart illustrates the expected token release:

Overall, on the first day of the Monad mainnet public launch, approximately 49.4 billion MON tokens (49.4%) were unlocked. Of these, approximately 10.8 billion MON tokens (10.8% of the initial total supply) were expected to enter public circulation through public sales and airdrops, while approximately 38.5 billion MON tokens (38.5%) were allocated to ecosystem development. Although these tokens were unlocked, they would be managed by the Monad Foundation, which would provide grants or incentives at a strategic level over the next few years and delegate them according to the Foundation’s validator delegation program.

All tokens held by investors, team members, and the Category Labs treasury were locked on the first day of the Monad mainnet launch and are subject to a defined unlocking and release schedule. These tokens will be locked for at least one year. All tokens locked in the initial supply are expected to be fully unlocked by the fourth anniversary of the Monad mainnet launch (Q4 2029). Locked tokens cannot be staked.

It is worth mentioning that the document shows that in the future, after the network is launched, the Monad Foundation may continue to airdrop funds to incentivize the exploration and use of applications and protocols within the Monad network and ecosystem.

Future supply: 2% annual inflation + fee deflation Inflation: 25 new MON are generated per block as a reward for validators/stakers, with an annualized inflation of approximately 2 billion MON (2% of the initial total supply), designed to incentivize network participants and ensure network security. Deflation: All base fees are burned. This mechanism offsets some inflationary pressures by reducing the amount of currency in circulation. Monad market making and liquidity arrangements To ensure good liquidity and transparency after the token is listed, MF Services (BVI) Ltd. has disclosed in detail its market maker cooperation and liquidity support plan.

MF Services (BVI) Ltd. has entered into lending agreements with five market makers: CyantArb, Auros, Galaxy, GSR, and Wintermute, lending a total of 160 million MON tokens. The loans from CyantArb, Auros, Galaxy, and GSR have a term of one month (renewable monthly); the loan from Wintermute has a term of one year. The project has also engaged Coinwatch, a third-party monitoring agency, to monitor the use of the lent tokens, ensuring that the funds are used to improve market liquidity and not for illegal activities.

In addition, MF Services (BVI) may deploy up to 0.2% of the initial MON token supply as initial liquidity for the DEX pool.

What is your opinion on Monad’s market-making arrangements? Open and transparent
In the Web3 space, the transparency and rationality of market-making arrangements have always been core issues of market concern. Traditional projects often face investor trust crises due to a lack of transparency in market-making information. However, Monad’s disclosure of market-making details during the Coinbase ICO, with transparency at its core, breaks industry norms.

In addition, monitoring by Coinwatch will ensure to the greatest extent possible that the tokens used for lending are genuinely used for market making, demonstrating the project’s emphasis on compliant operations.

Prudence in structural design
The loans from the four market makers are for a one-month term with monthly renewals, while only Wintermute offers a one-year commitment. This structure reflects Monad’s cautious approach.

Flexibility: Short-term contracts allow projects to adjust their market-making arrangements flexibly according to market conditions. If a market maker performs poorly, the contract may not be renewed at the end of the month. Risk hedging: Windemute’s 1-year commitment provides a stable long-term foundation for market liquidity. This combination shows that the project wants to ensure initial liquidity without becoming overly reliant on a single market maker or committing to excessively long terms.

Restraint in the size of market-making loans
Compared to the total supply of 100 billion tokens, the market-making loans of 160 million tokens represent only 0.16%. This percentage is very small, and the reasons may include:

Avoid excessive market intervention Control token dilution बाज़ार-based considerations: Maintaining price stability by relying on genuine trading demand rather than excessive market making. In addition, the foundation will allocate a maximum of 0.2% (200 million tokens) for initial DEX liquidity, further demonstrating this prudence.

Potential risk points
However, we can see from Monad’s 18-page sales document that the project team has struck a very conservative, even slightly cautious, balance between “initial price discovery” and “long-term decentralization”.

Based on the current pre-market price of $0.0517, these market-making loans are worth only $8.27 million. Compared to the 2-3% “market-making quota” often offered by many projects, this may not be enough to support liquidity in the face of significant selling pressure.

Furthermore, the foundation will allocate a maximum of 0.2% (200 million tokens) for initial DEX liquidity, specifying “possibly” rather than “mandatory.” This amount can only guarantee against a sudden, massive sell-off at the opening, and cannot support sustained liquidity. The official announcement also highlighted the risks associated with DEX and CEX liquidity, effectively absolving the foundation of liability in advance.

For investors, this means that if the MON token does not have sufficient natural trading depth and organic buying support after its opening, its price may experience high volatility. Therefore, when investing, in addition to focusing on the project’s fundamentals and long-term vision, it is wise to be vigilant about the initial market liquidity and price discovery mechanisms.

यह लेख इंटरनेट से लिया गया है: Deciphering Monad’s 18-page sales document: How does the 0.16% market-making stake support a $2.5 billion FDV?Recommended Articles

Related: BitMart Launches Pre-Market Trading, with Monad (MON) as the First Project Launched To further enrich its trading product portfolio and enhance user engagement and asset allocation flexibility, BitMart has officially launched a new feature: pre-market trading . This innovative mechanism provides users with the opportunity to invest in projects before their official launch, helping them capture early value more efficiently and gain direct access to high-quality assets. Pre-market trading: an innovative pre-release token trading mechanism Pre-market trading is an innovative financial tool launched by BitMart based on a staking mechanism. Users can mint PreTokens by staking USDT and trade them freely in a dedicated pre-market spot market. The core logic of this model is that before the project token is officially launched, PreToken provides users with a channel for early participation, thereby achieving pre-positioning and price discovery of potential assets. Key features…

# विश्लेषण# एयरड्रॉप# डेफी# मार्केट# टोकन# वेब3© 版权声明सरणी 上一篇 The battle for computing power sovereignty: How will decentralization reshape the future landscape of AI? 下一篇 Sentiment in the cryptocurrency market remains fragile; even the positive news of the end of the US government shutdown 相关文章 एथेरियम प्रोटोकॉल प्रौद्योगिकी उन्नयन की संभावनाओं का विश्लेषण (1): मर्ज 6086cf14eb90bc67ca4fc62b 37,185 3 बैंक के विदेशी मुद्रा कारोबार के लिए उचित परिश्रम छूट संबंधी प्रावधानों का क्या प्रभाव है (परीक्षण कार्यान्वयन)? 6086cf14eb90bc67ca4fc62b 38,251 A review of popular Web3 education projects 6086cf14eb90bc67ca4fc62b 16,220 Cryptocurrency and Stock Market Trends | Strategy increased its holdings by over 10,000 BTC, bringing its total holdings to over 660,000 BTC; Bitmine’s total assets reached $13.2 billion, with ETH holdings exceeding 3.86 million BTC (December 9th). 6086cf14eb90bc67ca4fc62b 19,903 2 Bitcoin’s dormant capital has finally awakened. 6086cf14eb90bc67ca4fc62b 22,233 1 Pumpfun ने जोरदार वापसी की, ग्रुप कॉइन्स मीम की होड़ में अहम भूमिका निभा सकते हैं। (अनुशंसित लेख) 6086cf14eb90bc67ca4fc62b 26,832 6 कोई टिप्पणी नहीं टिप्पणी करने के लिए आपको लॉगिन होना होगा! तुरंत लॉगइन करें कोई टिप्पणी नहीं... नवीनतम लेख Blockchain etabliert sich als Schlüsseltechnologie in klassischen Branchen 8 घंटे पहले 433 Polymarket vs Kalshi: Who is the King of Prediction Markets? 17 घंटे पहले 623 CRCL Surges 35%: Circle’s Q4 EPS Exceeds Expectations by 169%, AI + Stablecoin Moat Continues to Deepen 17 घंटे पहले 504 Jane Street Halts “10 AM Dump,” BTC Stages Strong V-Shaped Rebound, Surging Toward $70K 17 घंटे पहले 479 From Terra’s Collapse to the “10 AM Smash”: How Jane Street Played Both Continents’ Markets? 17 घंटे पहले 453 लोकप्रिय वेबसाइटेंTempoजीएआईबीLighterग्लाइडरप्लांकरेल्सबीसीपोकरकाइट एआई Bee.com दुनिया का सबसे बड़ा Web3 पोर्टल भागीदारों कॉइनकार्प बिनेंस कॉइनमार्केटकैप कॉइनगेको कॉइनलाइव कवच बी नेटवर्क ऐप डाउनलोड करें और वेब3 यात्रा शुरू करें सफेद कागज भूमिकाएँ सामान्य प्रश्न © 2021-2026. सर्वाधिकार सुरक्षित।. गोपनीयता नीति | सेवाओं की शर्तें बी नेटवर्क ऐप डाउनलोड करें और वेब3 यात्रा शुरू करें दुनिया का सबसे बड़ा Web3 पोर्टल भागीदारों CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors सफेद कागज भूमिकाएँ सामान्य प्रश्न © 2021-2026. सर्वाधिकार सुरक्षित।. गोपनीयता नीति | सेवाओं की शर्तें खोज खोजइनसाइटऑनचेनसामाजिकसमाचार उत्तर: एयरड्रॉप शिकारी डेटा विश्लेषण क्रिप्टो हस्तियाँ ट्रैप डिटेक्टर हिन्दी English 繁體中文 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia اردو Русский हिन्दी

智能索引记录