Monbux
Monbux Overview
Overview
What is Monbux?
Monbux is a liquid staking platform built on the Monad Testnet. Users can stake their MON tokens and receive mMON, a transferable receipt token that represents their staked position.
mMON provides users with continuous exposure to staking rewards while maintaining liquidity. Holders can keep mMON to accrue rewards or use it in swaps, transfers, and future DeFi integrations within the Monad ecosystem.
Why Monbux?
Traditional staking often locks tokens for long periods, limiting liquidity. Monbux solves this by introducing liquid staking:
Liquidity: mMON allows users to retain tradable value without locking funds.
Transparency: All staking and rewards are recorded on-chain.
Flexibility: Stake and unstake at any time without long lockups.
Rewards: Earn MON staking rewards while maintaining liquidity.
Key Features
🔗 1:1 Initial Conversion — 1 MON = 1 mMON at the time of staking.
📊 Dynamic Exchange Rate — mMON value increases over time as rewards accumulate.
⚡ Instant Stake & Unstake — Users can stake or withdraw with minimal delay.
💸 Configurable Fee Model — Small fees on unstaking are directed to the treasury/admin wallet.
🔒 Secure Smart Contracts — Designed with robust mint/burn and staking mechanisms.
Vision
The vision of Monbux is to make staking on Monad simpler, liquid, and user-centric. By combining staking rewards with tradable liquidity, Monbux aims to become a core building block of the Monad DeFi ecosystem, with upcoming integrations into swaps, governance, and advanced yield strategies.
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