Monad has officially launched staking on Bitget through Chorus One, and within the first week the platform has amassed over US$6 million worth of tokens locked, underscoring strong community confidence and early demand for the project’s staking protocol.
Stellar Start: What the First Week Shows
- The rapid accumulation of $6 million locked demonstrates robust user interest and trust in the staking setup.
- Early staking participation reflects positive reception from both long-term holders and new investors exploring yield-driven crypto opportunities.
- The combination of Bitget’s exchange infrastructure and Chorus One’s staking expertise provides a seamless user experience, helping lower the entry barrier for staking.
Why This Matters: Staking, Liquidity & Ecosystem Growth
- Incentivizing Long-Term Holders: By staking, holders of Monad can earn rewards — encouraging longer-term commitment rather than short-term trading.
- Increased Token Stability: High levels of locked tokens help reduce circulating supply volatility, which may lead to more stable token economics for Monad.
- Onboarding New Users: The ease of staking via a major exchange like Bitget — coupled with a trusted staking provider — makes staking accessible to a wider audience beyond experienced crypto-native users.
- Ecosystem Confidence & Visibility: This early success sends a strong signal to the broader crypto market that Monad has real traction — attracting attention from investors, partners, and ecosystem builders.
About the Launch: Key Details
- Platform & Provider — Staking is enabled on Bitget via Chorus One, combining exchange convenience with professional staking infrastructure.
- Lock-In Snapshot — Within the first week, more than $6 million worth of Monad tokens have already been staked.
- Expected Benefits — Stakers may earn staking rewards, help secure the network, and contribute to long-term decentralization and ecosystem stability.
- Open to All Holders — Both existing holders and newcomers can participate in staking, offering a gateway to passive yield and deeper involvement in the Monad network.
What’s Next: Looking Ahead
- Continued monitoring of staking growth — how many tokens get locked over time, what share of total supply that represents.
- Updates on staking rewards, distribution schedules, and network metrics.
- Potential for increasing adoption as more users discover staking benefits and join the Monad community.
- Expectation that strong early staking numbers may attract further partnerships, integrations, and community growth.
About Monad, Bitget & Chorus One
- Monad — A rapidly growing blockchain / crypto project (or token) that now offers staking to its community, enabling token holders to earn rewards and support long-term network growth.
- Bitget — A leading cryptocurrency exchange providing a platform for trading, staking, and various crypto services, with a large user base and global reach.
- Chorus One — A respected staking provider offering institutional-grade staking infrastructure, managing staking operations to help ensure network security, reliability, and transparency.
Sources
- Crypto.News — “Monad Staking Launches on Bitget via Chorus One; $6 M Locked in First Week”
- Platform data as published by Bitget & Chorus One (public staking statistics page)
