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Monad’s Exit Offer: Few Take the Cash | Bitcoin and Crypto News
Description
Monad Foundation quietly offered early investors a chance to cash out locked MON tokens for up to $60 million — but few took it, suggesting strong confidence in the token’s long-term potential despite its underwhelming price performance. The buyback program preserved token lock-up schedules to avoid market flooding, while reinforcing the project’s commitment to long-term growth. With MON’s value lagging behind its rising DeFi activity, the low uptake hints at investor faith — even as details like discount rates remain undisclosed.
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