Trending topics
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
Farcaster raised $150M in May, 2024. Still has all the money today.
Monad raised $225M in April, 2024. Probably still has most of it today.
When your treasury is that big, the ~4% from safe money market funds can pay for much of your expenses.
With Monad’s ~$400M treasury, at 4% they’re making $16M / year just in interest. Insane.
Between cash and tokens, Monad has enough capital to run for over a decade. In the uncertain world of crypto, Monad is a solid rock.
And no, Monad can’t return funds to investors. The network and token are live. Only way forward is to spend treasury to build the chain.
Top
Ranking
Favorites
