Monader 🍆

Project of the Day: aPriori
 
aPriori is the leading MEV-powered liquid staking platform on Monad. 

"We provide a simple way for users to earn MEV-boosted rewards on their Monad tokens."

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In July 2024, aPriori raised $10M to further develop the MEV-powered liquid staking platform for Monad.

What the hell is MEV boosted rewards?

MEV Rewards: apr_labs offers additional rewards to users from MEV transactions conducted on Monad through aprMON.

aPriori have two common approaches to distributing staking rewards: 

- Reward-bearing tokens
- Rebasing tokens.

Try out aPriori testnet app on stake.apr.io 

1. Visit the Testnet App
2. Connect Your Wallets via the top right “Connect Wallet” icon.
3. Choose the amount of MON test token you want to stake
4. Click “Stake” to deposit

Reward-Bearing Tokens:

Reward-bearing tokens, like aprMON, do not automatically adjust the number of tokens in circulation. Instead, the token’s value increases as rewards are generated.

Rebasing Tokens:

Rebasing tokens adjust their supply regularly in response to changes in rewards, demand, or other economic factors. When staking rewards are earned, the supply of tokens in circulation is increased or decreased.