Monad's MON token launches on Solana by means of Dawn platform

Key Takeaways

Monad’s MON token is now accessible on Solana by means of the Dawn platform.
Dawn is a brand new cross-chain gateway from Wormhole Labs enabling simple asset transfers between blockchains.

Monad’s MON token right now launched on Solana by means of Wormhole Labs’ newly launched Dawn platform, a cross-chain gateway that permits seamless asset transfers between blockchains.

The launch gives Solana customers quick entry to the governance token of Monad, a blockchain mission targeted on high-throughput execution and scalability for decentralized functions.

Dawn serves as a liquidity gateway constructed on Wormhole know-how, appearing as the first route for bringing exterior tokens like MON to Solana with built-in visibility and buying and selling capabilities. The platform positions itself as Solana’s day-one itemizing platform, facilitating on the spot markets for brand new tokens.

The rollout precedes Monad’s mainnet token launch, permitting Solana customers to entry and commerce MON with out advanced bridging processes. The combination permits native buying and selling pairs and streamlined bridging for MON holders throughout the 2 blockchain networks.