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Mono Protocol has officially launched its crypto presale, drawing strong early attention from the market. The project reported raising decent sums within the first 24 hours, marking a solid start to its fundraising campaign.
Breaking barriers in blockchain development
Developers often face significant challenges when building across multiple chains. Each application must account for separate wallets, different token standards, and fragmented liquidity pools. These complications increase costs and delay deployment. End users also struggle with failed transfers, long delays, and higher transaction fees.
Mono Protocol introduces chain abstraction to address these issues. Its system enables one account and a single balance to work across supported blockchains.
The protocol also leverages Liquidity Lock technology, which separates transaction intent from settlement. This provides cryptographic proof of execution and prevents failed transfers. Meanwhile, routing designed to resist MEV ensures transactions are efficient and protected against value extraction.
MONO token utility and network participation
The MONO token plays a central role in the protocol. It introduces universal gas payments, allowing fees to be settled in any token. This eliminates the need for users to hold multiple native tokens when interacting across chains.
Network operators secure the system through staking and earn a share of protocol revenue. Solvers and routers also participate by posting execution bonds, which guarantee settlement under the Liquidity Lock model. Together, these mechanisms keep the network reliable while aligning incentives for all participants.
The MONO token also supports governance functions, enabling holders to take part in protocol decisions. As the presale launches, the token is designed not only as a fundraising tool but also as a structural part of the network’s operations.
Mono Protocol focuses on simplifying development, cutting execution costs, and enabling applications to monetize transactions more effectively. By unifying accounts and balances across blockchains, it offers a smoother user experience and greater efficiency for developers.
The protocol lowers barriers for developers building across multiple blockchains, while users gain a smoother experience without handling separate wallets or tokens.
Learn More about Mono Protocol
Website: https://www.monoprotocol.com/
X: https://x.com/mono_protocol
Telegram: https://t.me/monoprotocol_official
Dan Burgin
Vladislav Sopov
U.Today Editorial Team