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Monnos - Revolutionizing Crypto Trading with Social Connectivity

June 6, 2024
Altcoins
6 min

In the vast and volatile world of cryptocurrencies, Monnos stands out as a game-changer. This innovative platform seamlessly connects crypto enthusiasts and traders, enhancing their chances of profit through strategic social trading. At the heart of Monnos is the MNS token, designed to empower the community with benefits such as trade fee discounts, exclusive features, and monthly bonuses. But Monnos doesn't just make trading easier; it aims to democratize and simplify crypto adoption by fostering a community built on shared knowledge and performance. With functionalities like Quick Buy Crypto™, Monnos ensures users can effortlessly exchange assets across the ecosystem. Dive in to discover how Monnos is reshaping the crypto trading landscape.

What is Monnos?

Monnos is a social crypto trading platform where crypto users and traders connect to increase their chances of making a profit in the crypto ecosystem. The platform's mission is to "massify" crypto adoption by making it simple to use and promoting the sharing of knowledge and performance. Monnos aims to create a community where users can learn from each other and grow together.

Key Features of Monnos

  1. Social Trading: Monnos allows users to follow and copy the trading strategies of experienced traders, making it easier for beginners to get started and for experienced traders to share their knowledge.
  2. Quick Buy Crypto™: This functionality enables users to automatically perform exchanges between all assets, regardless of whether there is a pair between them.
  3. MNS Token: The native token of the Monnos platform, providing various benefits to its holders, including discounts on trade fees, access to exclusive features, and monthly bonuses.

The MNS Token: Empowering the Social Trade Community

The MNS token is an ERC-20 utility token issued by Monnos to empower its social trade community. It provides several benefits to its holders, such as:

  • Discounts on Trade Fees: MNS token holders receive discounts on trading fees, making it more cost-effective to trade on the Monnos platform.
  • Access to Exclusive Features: Token holders gain access to exclusive features that are not available to non-token holders.
  • Monthly Bonuses: MNS token holders are eligible for monthly bonuses, providing additional incentives to hold and use the token.
  • Special Promotions: Access to special promotions and higher affiliate rewards are also available to MNS token holders.

Quick Buy Crypto™

One of the standout features of Monnos is the Quick Buy Crypto™ functionality. This feature allows users to automatically perform exchanges between all assets, regardless of whether there is a pair between them. This makes it incredibly easy for users to trade and manage their crypto assets without worrying about finding the right trading pairs.

Token Market Data

Understanding the market data of the MNS token is crucial for potential investors and users. Here are some key statistics:

  • Current Price: $0.0003
  • Market Cap: $0.00
  • 24h Price Change: 16.01%
  • 7d Price Change: 15.63%
  • 30d Price Change: 5.93%
  • 24h High: $0.0004
  • 24h Low: $0.0003
  • All-Time High: $0.0115 (2021-03-22)
  • All-Time Low: $0.0001 (2024-01-14)
  • Circulating Supply: 0.00
  • Total Supply: 2,942,056,786.00

The Purpose and Utility of the MNS Token

The MNS token serves several purposes and offers various benefits to its holders. These benefits include discounts on trade fees, access to exclusive features, monthly bonuses, special promotions, and higher affiliate rewards. The token also enables users to access the Quick Buy Crypto™ functionality, which allows automatic exchange between all assets, regardless of whether there is a pair between them.

Simplifying Crypto Trading

Monnos aims to massify crypto adoption by making the platform simple to use and sharing knowledge and performance. The token is a key component of this mission, as it incentivizes and rewards user engagement and participation in the platform's ecosystem.

Unique Features and Benefits

The MNS token stands out from other tokens due to its unique features and benefits:

  1. Monnos Card: The MONNOS card allows users to use their cryptocurrencies daily and still receive cashback. The card is designed for VIP Holders and offers up to 8% cashback on all purchases.
  2. Staking Program: The MONNOS Staking program offers profitability of up to 31.3% and still provides the benefits of being a VIP Holder. This staking program allows users to earn a return while waiting for their MNS tokens to appreciate.
  3. Token Burning: Monnos burns MNS tokens monthly to generate more scarcity and increase the token's value over time. The company repurchases 20% of its revenue for the period and burns it, aiming to burn off 50% of the total MNS supply.

Tokenomics and Distribution Model

The MONNOS crypto token, also known as MNS, has a total token supply of 2,934,706,434.33 tokens, with 875,446,212.60 tokens currently in circulation. The tokenomics of the MNS token include a staking program that offers automatic profitability of up to 31.3%, as well as benefits for VIP holders. The Monnos team also burns MNS tokens monthly to increase scarcity and value, with a goal of burning 50% of the total MNS supply over time.

Distribution Model

The token distribution model of MONNOS includes:

  1. Team Allocation: The exact allocation for the Monnos team is not specified in the provided sources. However, it is mentioned that the team has a vesting schedule, which ensures long-term commitment from the team and advisors.
  2. Investors: The sources do not provide specific information on the percentage allocated to investors. However, the token distribution mechanism includes various methods like Initial DEX Offerings (IDOs), Security Token Offerings (STOs), and other reward mechanisms like mining and staking.
  3. Community: The Monnos ecosystem encourages community engagement by providing benefits to MNS holders, such as discounts on trade and withdrawal fees, increased referral program earnings, trade competition bonuses, and more.
  4. Burning Mechanism: Monnos has a burning mechanism in place, where they repurchase and burn a portion of their revenue every month. This process will continue until 50% of the total MNS supply is burned, aiming to make the MNS scarcer and more valuable.

Vesting Periods and Lock-Ups

The MONNOS token distribution model includes several key components:

  1. Community Claim: 5% of the total MNS token supply is claimable at the token generation event (TGE) by Pixelmon Community members, with allocation distribution mechanics based on NFT rarity, badges held, and relics. Another 25% of the total MNS token supply vests over a 30-month period, starting with an initial cliff of the Mon Protocol Team's choosing. 2
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In the vast and volatile world of cryptocurrencies, Monnos stands out as a game-changer. This innovative platform seamlessly connects crypto enthusiasts and traders, enhancing their chances of profit through strategic social trading. At the heart of Monnos is the MNS token, designed to empower the community with benefits such as trade fee discounts, exclusive features, and monthly bonuses. But Monnos doesn't just make trading easier; it aims to democratize and simplify crypto adoption by fostering a community built on shared knowledge and performance. With functionalities like Quick Buy Crypto™, Monnos ensures users can effortlessly exchange assets across the ecosystem. Dive in to discover how Monnos is reshaping the crypto trading landscape.

What is Monnos?

Monnos is a social crypto trading platform where crypto users and traders connect to increase their chances of making a profit in the crypto ecosystem. The platform's mission is to "massify" crypto adoption by making it simple to use and promoting the sharing of knowledge and performance. Monnos aims to create a community where users can learn from each other and grow together.

Key Features of Monnos

  1. Social Trading: Monnos allows users to follow and copy the trading strategies of experienced traders, making it easier for beginners to get started and for experienced traders to share their knowledge.
  2. Quick Buy Crypto™: This functionality enables users to automatically perform exchanges between all assets, regardless of whether there is a pair between them.
  3. MNS Token: The native token of the Monnos platform, providing various benefits to its holders, including discounts on trade fees, access to exclusive features, and monthly bonuses.

The MNS Token: Empowering the Social Trade Community

The MNS token is an ERC-20 utility token issued by Monnos to empower its social trade community. It provides several benefits to its holders, such as:

  • Discounts on Trade Fees: MNS token holders receive discounts on trading fees, making it more cost-effective to trade on the Monnos platform.
  • Access to Exclusive Features: Token holders gain access to exclusive features that are not available to non-token holders.
  • Monthly Bonuses: MNS token holders are eligible for monthly bonuses, providing additional incentives to hold and use the token.
  • Special Promotions: Access to special promotions and higher affiliate rewards are also available to MNS token holders.

Quick Buy Crypto™

One of the standout features of Monnos is the Quick Buy Crypto™ functionality. This feature allows users to automatically perform exchanges between all assets, regardless of whether there is a pair between them. This makes it incredibly easy for users to trade and manage their crypto assets without worrying about finding the right trading pairs.

Token Market Data

Understanding the market data of the MNS token is crucial for potential investors and users. Here are some key statistics:

  • Current Price: $0.0003
  • Market Cap: $0.00
  • 24h Price Change: 16.01%
  • 7d Price Change: 15.63%
  • 30d Price Change: 5.93%
  • 24h High: $0.0004
  • 24h Low: $0.0003
  • All-Time High: $0.0115 (2021-03-22)
  • All-Time Low: $0.0001 (2024-01-14)
  • Circulating Supply: 0.00
  • Total Supply: 2,942,056,786.00

The Purpose and Utility of the MNS Token

The MNS token serves several purposes and offers various benefits to its holders. These benefits include discounts on trade fees, access to exclusive features, monthly bonuses, special promotions, and higher affiliate rewards. The token also enables users to access the Quick Buy Crypto™ functionality, which allows automatic exchange between all assets, regardless of whether there is a pair between them.

Simplifying Crypto Trading

Monnos aims to massify crypto adoption by making the platform simple to use and sharing knowledge and performance. The token is a key component of this mission, as it incentivizes and rewards user engagement and participation in the platform's ecosystem.

Unique Features and Benefits

The MNS token stands out from other tokens due to its unique features and benefits:

  1. Monnos Card: The MONNOS card allows users to use their cryptocurrencies daily and still receive cashback. The card is designed for VIP Holders and offers up to 8% cashback on all purchases.
  2. Staking Program: The MONNOS Staking program offers profitability of up to 31.3% and still provides the benefits of being a VIP Holder. This staking program allows users to earn a return while waiting for their MNS tokens to appreciate.
  3. Token Burning: Monnos burns MNS tokens monthly to generate more scarcity and increase the token's value over time. The company repurchases 20% of its revenue for the period and burns it, aiming to burn off 50% of the total MNS supply.

Tokenomics and Distribution Model

The MONNOS crypto token, also known as MNS, has a total token supply of 2,934,706,434.33 tokens, with 875,446,212.60 tokens currently in circulation. The tokenomics of the MNS token include a staking program that offers automatic profitability of up to 31.3%, as well as benefits for VIP holders. The Monnos team also burns MNS tokens monthly to increase scarcity and value, with a goal of burning 50% of the total MNS supply over time.

Distribution Model

The token distribution model of MONNOS includes:

  1. Team Allocation: The exact allocation for the Monnos team is not specified in the provided sources. However, it is mentioned that the team has a vesting schedule, which ensures long-term commitment from the team and advisors.
  2. Investors: The sources do not provide specific information on the percentage allocated to investors. However, the token distribution mechanism includes various methods like Initial DEX Offerings (IDOs), Security Token Offerings (STOs), and other reward mechanisms like mining and staking.
  3. Community: The Monnos ecosystem encourages community engagement by providing benefits to MNS holders, such as discounts on trade and withdrawal fees, increased referral program earnings, trade competition bonuses, and more.
  4. Burning Mechanism: Monnos has a burning mechanism in place, where they repurchase and burn a portion of their revenue every month. This process will continue until 50% of the total MNS supply is burned, aiming to make the MNS scarcer and more valuable.

Vesting Periods and Lock-Ups

The MONNOS token distribution model includes several key components:

  1. Community Claim: 5% of the total MNS token supply is claimable at the token generation event (TGE) by Pixelmon Community members, with allocation distribution mechanics based on NFT rarity, badges held, and relics. Another 25% of the total MNS token supply vests over a 30-month period, starting with an initial cliff of the Mon Protocol Team's choosing. 2
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