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Monad Sets Initial Supply of 100 Billion for Its Native Gas Token

Monad co-founder Keone Hon confirms the initial total supply of the chain's gas token through a post on social platform X.

Summary

Monad co-founder Keone Hon revealed on social platform X that the initial total supply of the Monad chain’s native gas token is set at 100 billion.

Terms & Concepts
  • Monad chain: A blockchain network known for its high scalability and unique consensus mechanism, aiming to support decentralized applications and tokens.
  • Gas token: A type of token used to pay for transaction fees and computational services within a blockchain network.