I’ve mainly tweeted bearish things about Monad over the past few weeks (rightfully so), but there are also a few positives: 1) Monad is cornering supply, which makes it likely that the token will do pretty well 2) Keone came from Jump (HFT), they know how to make a token trade well and hold value 3) Many people are sidelined or have very low allocations (especially EU people who can’t take part in the pre-sale) 4) Coinbase retail users might become DeFi users, and it helps with the overall distribution 5) The tech is very good 6) Monad has the “Solana killer” narrative and the L1 premium 7) VCs can’t stake locked tokens, and the team’s tokens are vested for a year, so they have an incentive to perform well
In general: I’m not bearish Monad, but their tokenomics are a joke and a slap into every community members’ face
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