The Monad testnet is coming soon, how to participate in advance?
1. First, understand what Monad is
Monad is a high-performance blockchain, focused on 'speed' and 'affordability'. It addresses issues of Ethereum congestion and high Gas fees, aiming to make blockchain more user-friendly. Its highlights are:
Super fast speed: theoretically capable of processing 10,000 transactions per second
Ethereum compatibility: applications on Ethereum can be directly migrated to Monad
Ultra-low fees: suitable for high-frequency trading, such as games and DeFi
What you can do: If you are a developer, you can try migrating Ethereum applications to Monad; if you are an ordinary user, you can familiarize yourself with DeFi, games, etc. on Monad in advance.
2. Pay attention to early projects, don't miss opportunities
After the Monad testnet goes live, many new projects will emerge.
Currently, some projects have announced plans to build on Monad, mainly focused on the following areas:
DeFi: such as aPriori (liquid staking), Kintsu (staking protocol), KuruExchange (decentralized exchange)
Games: such as Sparkball (4v4 competitive game), Breath of Estova (pixel-style MMORPG)
Tools: such as HaHa Wallet (smart wallet), Symphony (cross-chain trading platform)
What you can do: Focus on projects that have already secured investments (like aPriori, Kintsu), as these projects are usually more promising. Also, actively participate in their community activities (like Discord, Twitter tasks) to strive for early benefits.
3. Prepare your tools, don't scramble to participate in the Monad ecosystem requires basic tools like wallets: for example, HaHa Wallet, to manage assets.
Summary
Be patient, engage more in testing and feedback to help the project team improve. At the same time, do not have overly high expectations for airdrops or future returns, participate rationally.
#Monad