Workflow
TIA token
icon
Search documents
The Protocol: Monad Airdrop + Blockchain Go Live
Yahoo Financeยท 2025-11-26 15:07
Group 1: Monad Blockchain Launch - Monad blockchain has gone live with a total supply of 100 billion MON tokens, initiating an airdrop of 10.8% of the tokens currently unlocked and in circulation [1] - The distribution of the MON token includes 7.5% from a public sale on Coinbase at $0.025 per token and 3.3% from the airdrop, with the remaining supply allocated to the Monad team (27%), investors (19.7%), Labs Treasury (4%), and ecosystem development (38.5%) [1] - Monad aims to provide a high-performance network for various industry verticals, including DeFi and institutional finance, while being EVM-compatible to enhance Ethereum's scalability [1] Group 2: Celestia Matcha Upgrade - Celestia has implemented its largest software upgrade, Matcha, which increases the maximum block size from 8 MB to 128 MB, enhancing the network's capacity and throughput [2] - The Matcha upgrade reduces annual token inflation from approximately 5% to 2.5% and removes a "token filter" for cross-chain bridges, facilitating easier movement of non-TIA assets [2] - The native token TIA has seen a 6% increase in value over the last 24 hours, trading around $0.65, although it remains down 97% from its peak of approximately $19.70 in December 2024 [2]