
Monad is a Layer 1 blockchain built to tackle scalability challenges in the crypto space while staying fully compatible with Ethereum. It supports the Ethereum Virtual Machine (EVM), making it easy for developers to migrate existing Ethereum apps and smart contracts without any changes.
The project has launched its testnet, and we are actively participating. This guide will provide a comprehensive walkthrough, covering everything from requesting test tokens to engaging in all available network activities.
Investments: $244M
Investors: Paradigm, OKX Ventures
Request Test Monad Tokens:
- Firstly, go to Monad Airdrop website
- Scroll down and click “Add Monad Testnet”
- Enter your wallet address and click “Get test $MON”
- You can also get test tokens from these faucets. Each faucet has its own criteria: Mozi Finance, APR Stake,
Morkie,Talentum, Owlto, Bima Money, OKX Faucet, Thirdweb
Mint Monad NFTs:
Mint Monad Name:
- Go to website
- Enter Name
- Click “Register” and mint your Monad Name
Make swaps:
Deploy Monad Smart Contract:
- Go to Owlto website
- Click on “Deploy” and select Monad Testnet network
- Next, click “Deploy”
Layer3 Quests
- First Quest
- Second Quest
- Third Quest
- Fourth Quest
- Fifth Quest
- Sixth Quest
- Seventh Quest
- All quests you can check here
Costs: $0
A few words about Monad:
High Throughput: Monad boasts the ability to handle up to 10,000 transactions per second (TPS), far exceeding Ethereum’s ~10 TPS and even outperforming other high-speed EVM-compatible chains.
Scalability Focus: By leveraging parallelization, Monad processes multiple transactions simultaneously, significantly improving network efficiency.
EVM Compatibility: Fully supporting Ethereum smart contracts and applications, Monad makes it easy for developers to migrate their projects without modifications.
Optimized Architecture: The platform incorporates key innovations like MonadBFT, Deferred Execution, Parallel Execution, and MonadDb to maximize performance while preserving decentralization.
Fast Block Times: With a goal of one-second block times and single-slot finality, Monad ensures fast and efficient transaction processing.