What are the use cases of $MONARCH?
What are the use cases of $MONARCH?
The MONARCH token has a variety of uses, some available at launch, and some from future projects in the ecosystem. Here's what's available at launch:
And here's what's coming soon, as the Monarch Ecosystem is built:
Why use $MONARCH as settlement currency, and not main chain assets like $ETH, $BNB etc?
Funny you should mention that... Actually, we do plan on testing this and seeing how it works. Ideally, we'll be providing 3 different routes to funding: 1 in MONARCH, 1 in the MONARCH stablecoin and 1 in main chain assets.
What exactly IS the Monarch Ecosystem?
In a nutshell, it's a collection of battle-tested DeFi protocols, enhanced to smooth out the kinks, bright together in one spot to make real world DeFi easy.
Will MONARCH make me rich?
We don't know, and we won't make any promises about returns on ANY project. While we are working with financial tech, our success won't be measured strictly by a return on investment, but on incubating and releasing projects which have the ability to stand the test of time.
As always, only invest money that you're willing to lose, and try not to overextend yourself. If you're having trouble with managing your investments, please check out our resources section for guides, tips, and more.
Why Monarch? Why The Kingmaker?
Because monarchs fly, and the kingmaker sounded cool.
Is there anything else I should know?
Yes. We'll say this right here, right now, in plain English so that there's no questions...
Every project that we incubate is an experiment. A very exciting experiment, but ultimately an experiment all the same.
There's a real chance of any investment you make in a project not generating a return. Even if everything is built right external market forces can work to bring down perfectly good projects.
Only invest money that you're willing to lose, and don't overextend yourself. By participating in Monarch IDOs you agree that you understand the risks involved.,