Today, let's not talk about UFO, let's talk about my favorite project: Monad
1. What is Monad?@monad
Monad is a high-performance Layer 1 blockchain, featuring the "parallel EVM" narrative, perfectly compatible with the Ethereum Virtual Machine (EVM), but extremely fast!
It uses parallel processing and superscalar pipeline technology to maximize the transaction processing speed, 10,000 transactions per second (TPS), 1,000 times faster than Ethereum!
It is expected that the transaction fees of the main network will be negligible, which is a favorite place for developers and users
Monad is the representative of Ethereum's high-performance cousin, combining Solana's extreme speed and Ethereum's compatibility.
As of now, the monad test network has more than 200 million addresses and more than 5 million daily active addresses. 0 reply
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2. What does Monad do?@monad
Compared with other chains, the performance is explosive: parallel EVM allows transactions to no longer queue, batch processing, and full efficiency, reducing the transaction time of complex applications such as DeFi, NFT, GameFi, and social.
Developer-friendly: fully compatible with EVM, developers can develop seamlessly with familiar Solidity, with zero learning cost.
For user experience: low gas fee + ultra-fast confirmation speed, whether entering DeFi or playing chain games, it is handled smoothly.
For ecological development: Monad's goal is to create an ecosystem as prosperous as Solana, a blockchain for social, games, payments, and DePIN. 0 reply
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3. How to participate in the Monad ecosystem?@monad
According to data websites such as RootData, the Monad ecosystem currently has more than 200 projects, covering DeFi, NFT, oracle, RWA, AI Agent and other tracks.
Some star projects:
aPriori: MEV-driven liquidity staking platform, financing $10 million, led by Pantera Capital.
Kintsu: Liquidity staking agreement, $4 million seed round, led by Castle Island Ventures.
Kuru: On-chain order book DEX, $2 million seed round, supported by Electric Capital.
Monad Pad: Token & NFT launch platform, $945,000 in financing, Purple Frens NFT popularity explodes in the community.
Narwhal Finance: Decentralized perpetual trading platform, $25 million valuation, Animoca Ventures support.
There are also TayaSwap, LEVR, SauceGG, etc. 0 reply
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