24 hours post @monad launch
im making this list to track things to do, list of points and incentive basically
Harsh take but a bit too early for monad eco, hopefully soon
@tread_fi @MondayTrade_ @KuruExchange @naddotfun @monorail_xyz @CapricornDEX @perpltrade @TownSquarexyz & more
TLDR
So, It has been 24hrs post launch and i have my eyes on dapps, I mean im not expecting an explosion.
But i can say that there is a lot of under performance considering their starting valuation.
> monad just broke $72m in TVL and not much of its dapp has crossed the $1m marker
> Most of the dapps are not live yet
> Not a lot of volume (with some botted volume, likely to be a hot meme?)
> Why is money not flowing to dapps? mainly no incentive going on right now i think?
> Only @tread_fi cracked $100m ( correct me if i'm wrong)
๐ @KuruExchange
Kuru brings the onchain trading experience to monad, They also have smart aggregator.
They raised $11m, liquidity is picking up little by little let's see how it goes
What to do: basic trading functions + LP
Incentives: No incentive program is live yet.
๐ @monorail_xyz
Dex aggregator and bridge on top of monad ( site is pretty simple) would have been better if their pools and vaults were displayed.
What to do : bridge your assets to monad
Incentives: no incentives program
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