Monad Completes $60 Million MON Liquidity Program, Early Investors Opt Out
The Monad Foundation has completed a MON liquidity program, offering some early investors the option to sell locked MON at a discount, with the discount rate calculated based on a four-year lock-up period for the relevant tokens. The MON purchased through this program remains subject to the original lock-up period, with a total purchase cap of $60 million. Almost all invited holders chose not to participate, and the program has now concluded.
-- Price
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