What is Monad?

Monada is a Layer 1 blockchain designed to solve scalability and performance issues of traditional blockchains like Ethereum.
The goal is to handle 10,000 transactions per second (TPS), with a 1-second block time and almost zero gas fees, becoming a high-performance EVM-compatible Layer 1 blockchain.

Reference Source:
Official Website: https://www.monad.xyz/technology

Financing Situation

Monad had its first funding round two years ago, and as of today, the total funding amount has reached 240 million USD, led by Dragonfly and Paradigm, with a valuation of 3 billion USD. This is a major project that cannot be missed!

Source: https://www.rootdata.com/zh/Projects/detail/Monad?k=Mjc3NA%3D%3D

Airdrop Tutorial

The early testnet just stopped…
Recently, Monad airdropped their test token $MON to eligible wallets.
In fact, the testnet just opened on 2/19, and the early test user status will end today (2/26). However, there is no direct explanation for what constitutes an 'early test user', so let's participate in as many projects as we can.

The Monad ecosystem has many projects, and since test coins are hard to claim, we must carefully select high-quality projects to participate in, prioritizing protocols with financing.

Obtain Test Coins

Since it's really hard to claim, if necessary, you can consider purchasing it.

  • Free Channel

    • Official Faucet: https://testnet.monad.xyz/

    • aPriori: https://stake.apr.io/faucet

    • Thirdweb: https://thirdweb.com/monad-testnet

    • Gas.zip: https://www.gas.zip/faucet/monad

  • Free Channel (Cross-Chain)

    1. Cross $ETH to Monad Chain: https://testnet.orbiter.finance/en?src_chain=11155111&tgt_chain=10143&src_token=ETH

    2. $ETH Swap to $MON: https://monad.ambient.finance/swap/chain=0x279f&tokenA=0x836047a99e11F376522B447bffb6e3495Dd0637c&tokenB=0x0000000000000000000000000000000000000000
      (This method still requires a bit of $MON, suitable for those who already have $MON but not enough)

  • Paid Channel

    • Gas.zip: https://www.gas.zip/

    • Memebridge: https://www.memebridge.xyz/gas

Financing Projects

One. zaros

On-Chain Derivatives Platform, financing 2.34 million USD.
Link: https://testnet.app.zaros.fi/?ref=0xcaac4D1c75F70e0816D816Cc1307dCCa82A26550

  1. Account Entry

  2. Mint USDC

  3. Deposit any amount of USDC and create an account

  1. Trading Entry

  2. Open Long/Short Position

  3. Place Order After Confirmation

  1. Daily Check-in Entry

  2. Check-in

  3. Weekly Check-in, same operation

Two. kintsu

Monad Liquidity Staking Protocol, financing amount of 4 million USD.
Link: https://kintsu.xyz/unstaking

  1. Link Wallet at the Top Right Corner

  2. Stake Any Amount

  3. Unstake Partially

Three. Magma

Monad's Liquidity Staking Protocol, financing amount of 3.9 million USD.
Link: https://www.magmastaking.xyz/

  1. Link Wallet at the Top Right Corner

  2. Stake Any Amount

  3. Unstake Partially

Four. aPriori

Liquidity Staking Protocol, financing amount of 10.7 million USD.
Link: https://stake.apr.io/

  1. Stake Any Amount

  2. Submit After Confirmation

  3. Unstake Partially

Five. Curvance

Decentralized Stablecoin Lending Protocol, financing amount of 3.6 million.
Link: The URL is too long, click here

  1. Claim the full amount available (if an error occurs, claim one by one)

  1. Deposit, supply, and borrow any amount

  2. There's also a repayment option at the bottom

  3. There are also operations like Lock CVE, Unlock CVE, and Withdraw, which seem to have some problems, so they aren't included here

Six. Ammalgam

A DeFi protocol that combines lending and trading, financing amount of 3.25 million USD.

Link: https://alpha.ammalgam.xyz/

  1. Enter X account and email

  2. Invite code: d1scor (the invite code is common for everyone, but there are currently issues, and it is likely to be changed later)

Seven. Kuru

Completely On-Chain Order Book DEX, financing amount of 2 million USD.

Link: https://www.kuru.io/markets

  1. After linking the wallet, click on your wallet location again

  2. Need to deposit into the corresponding wallet generated by Kuru

  1. Choose Any Trading Pair

  2. Enter the amount of $MON to buy the target

  1. Click the egg in the top right corner

  2. You can get strange creatures and item lottery; the actual use is currently unknown

Other Projects

  • aiCraft Fun: AI Agent Launch

    1. Vote: https://aicraft.fun/projects/fizen?ref=ZLAF2JN8MR?ref=4TDICUC036?ref=4L5GME4SJ4

    2. Fill out the Form: https://docs.google.com/forms/d/e/1FAIpQLSeBm8yKdGBxFG-Hj6AiQFhQX56Z6xpu7ZIhYXKVLy_y24V-5g/viewform

  • Perpl: Monad's Native Pricing Engine

    1. Whitelist Registration: https://perpl.xyz/

  • Various Mint NFTs

    1. https://testnet.lilchogstars.com/

    2. https://www.nerzo.xyz/monad

    3. https://magiceden.io/mint-terminal/monad-testnet/0x436ee7219bb099f71c9db9c7de8862a9bde891ae

    4. https://magiceden.io/launchpad/monad-testnet/emmy_on_monad

    5. https://poply.xyz/launchpad/0xd97bce4518b886a36e345764333d77b5faf6fe2c

Risks

The Monad ecosystem is not very user-friendly currently; if you really need to purchase test coins, be cautious about unknown trading methods, as they may involve poisoning attacks. Be very careful.
The Monad ecosystem has a lot of projects; the links mentioned in the content are ones I've personally used, but there is a possibility that the frontend has been modified. It is recommended to interact using a non-primary wallet or not to keep too much capital in the wallet.

Summary

Recently, it's becoming harder to claim airdrops; there are millions of addresses that qualify for Monad's official test coin airdrop. We should try to interact with various protocols to accumulate interactions with different smart contracts, which may help with airdrop eligibility.

#Monad #Layer1 #测试网