Tokenomics
Tokenomics
Section titled “Tokenomics”Monk Tokens - ERC-20
Section titled “Monk Tokens - ERC-20”Monk Tokens are deployed on the Polygon Mainnet.
Monk Token is the fuel that keeps the protocol running. A key feature of the Monk token is that it was designed from the outset for maximum consumer usability. Users can redeem the Monk tokens across all the products & services offered by the Monk Protocol. It can also be traded on Crypto exchanges (to be listed within 12 months). The listing price is estimated to be $8, with sufficient liquidity pool.
We minted 1,000,000,005 Monk tokens on April 24 2022. The token is designed to be a controlled supply token with moderate annual deflation that can provide a short-term store of value for its holders and allow blockchain governance.
The price of tokens will appreciate by 0.10 INR or approx. 0.0013 USD after every 10,000 token sales. The Monk tokens will be redeemable on our various platforms after selling 10,00,00,000 total tokens or 24 months from June 1, 2022, whichever is earlier.
The tokens will be redeemable at the actual value of the token at the date of redemption. Currently, MONK Tokens can be purchased through our Affiliates and Direct Selling Agents or online via our swap.
Network: Polygon Mainnet
Contract Address: 0xFf2bf3558421d4D340A3c6bEf738E92113Ed31f2
Buy Monk Tokens
Section titled “Buy Monk Tokens”Support us by swapping ETH, MATIC or USDT (Ethereum & Polygon Network).
Token Highlights
Section titled “Token Highlights”- $0.025 - Special Price for CED 2022
- 1,000,000,005 - Total Supply of Monk Tokens
- Responsible DAO - Our DAO members are committed to govern for the community
- Assured Redemption - Redeem monk tokens on any of our products
Automated Swap
Section titled “Automated Swap”Send us ETH, MATIC or USDT to the following address on the Ethereum or Polygon Networks and our systems will send you back MONK Tokens at the current market price. We do not charge any fee or slippage.
Note: Our systems will send tokens on the Polygon Network only, as Monk tokens are deployed on the Polygon (MATIC) Blockchain.
Swap Address
Section titled “Swap Address”Contact our team for swap address details.
Monk Token Contract Address
Section titled “Monk Token Contract Address”For contract details and verification, visit the address above on PolygonScan.
Large Purchases
Section titled “Large Purchases”Buying more than 100K Tokens? Contact our team for special rates and arrangements.