MonoX is a next generation Decentralized Finance (DeFi) protocol redefining how users can participate in the peer-to-peer financial systems enabled by decentralized technologies built on blockchain networks.
Nov 25, 2021 17:00:00
Dec 30, 2023 00:00:00
ICO Details
What Is MonoX?
MonoX is a next generation Decentralized Finance (DeFi) protocol redefining how users can participate in the peer-to-peer financial systems enabled by decentralized technologies built on blockchain networks.
MonoX Unique Features
Swapping
- Trade between any ERC20 token listed on our platform.
- Exchanging Token A with Token B always works by swapping Token A to vCASH and then from vCASH to Token B.
Providing Liquidity
- Deposit tokens to a liquidity pool, receive your share of the pools reserve in the form of LP tokens. You only need to deposit one kind of token.
- Start earning trading fee rewards for pool activity.
Removing Liquidity
- Redeem your pro-rata fee rewards by withdrawing/burning your LP tokens.
Official Pools
- Official pools have been approved by the DAO.
- Tokens are deposited into a virtual pair with vCASH.
Trustless Listing Pools
- Permissionless listing of new tokens
- vCASH balance cannot go below 0. (User protection feature).
Futures
- Lock up project tokens in a smart contract until maturity date
- Receive Futures tokens that function as a 1:1 synthetic token representing project token
- Once maturity date is reached, burn futures tokens for project tokens
Roadmap
Q4 2021 Mainnet Launch – Monoswap and vCASH launch on Ethereum mainnet + Polygon with full swap and liquidity features.
Q1 2022 Derivatives, more ecosystems supported and cross-chain swap
Q2 2022 Lending and more derivatives
Q3 2022 Release IDO and launchpad product
Q4 2022 Orderbook trading
Team Members
Partners and Investors
Animoca Brands, Youbi Capital, LD Capital, Rarestone Capital, Genblock Capital, AXIA8 Ventures, Krypital Group, Divergence Ventures, TRGC Digital, Halborn, Block Dream Fund, 3Commas, OKEx, OP Crypto.