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Pennywis | 𝔽rAI
7,148 Twitter followers
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Pennywis | 𝔽rAI
01-07
Thread
#Thread#
Staking on L1s usually sucks because your capital just sits there, locked. You're basically sidelined while the DeFi ecosystem takes off. @Kintsu fixes this on @monad Swap that frozen $MON for $sMON and you’ve got a liquid pass to the whole eco. The numbers are actually wild: - 200M $MON & 100.2M $WMON in TVL already - 2.8k+ holders aren't waiting around What to do with your $sMON? ⤷ Lend/borrow: collateral on @Morpho , @Curvance , or @eulerfinance ⤷ Trade/LP: farm on @Uniswap , @KuruExchange @LFJ_gg ⤷ Gaming: built right into ICM auctions and apps Your $MON stays staked, while your $sMON grinds in DeFi!
MON
1.07%
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