Ignas | DeFi|Nov 24, 2025 11:18
MON TGE today.
Simplest Monad airdrop play is still liquid staking. Stake and forget while farming points.
If Monad does well, one of the MON LSTs will be Lido of ETH and Jupiter for Solana.
Question is which.
I look for:
- Exclusive to Monad
- No TGEd yet
- Already integrated into Monad eco DeFi apps (lending like @Curvance , DEXs etc)
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@0xFastLane → shMON:
Just announced Points with two modes: Earn points and yield or degen mode to earn just points.
Extra points to use in DeFi.
shMON should return MEV and infra fees back to holders.
Backing: $6m seed by Figment Capital, HashKey, Robot Ventures, Coinbase etc.
Backing is important as it provides exit liquidity for airdrop.
@Kintsu → sMON:
Built more like 'a safe and simple collateral' for DeFi.
Raised ~4M Seed from Castle Island Ventures, CMT Digital, Spartan Group etc.
@MagmaStaking → gMON
I like that gMON brings Ethereum-style Distributed Validator tech to Monad that splits one validator across many operators, removing single-point failures.
Underrated feature.
Raised ~3.9M seed from Animoca Ventures, CMS Holdings, Maelstrom (Arthur Hayes), Veil VC, RockTree Capital.
I bet they will have Arthur Hayes shilling it during TGE.
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Notes: I will skip aPriori. Already TGEd and token trading on Ethereum.
Gut feeling not good.
Which LST is the best bet?
I'm still considering my bets.(Ignas | DeFi)
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