#DeFi生态系统发展 Monad’s mainnet launch is imminent, and this is definitely an event worth paying attention to. I’ve been closely following this project, especially given the massive amount of funding behind it and support from top VCs. However, the market is generally skeptical about high-valuation projects right now, so whether Monad can deliver satisfactory results remains to be seen. As things stand, the public offering yield isn’t exactly impressive, but it’s decent considering the current market environment. What I’m most concerned about is the 38.5 billion tokens allocated for ecosystem development—this is a double-edged sword: if used well, it can quickly build a moat, but if not, it could result in significant selling pressure. Judging by Solana’s support for Monad, it seems the two have reached some sort of understanding, which could bring more liquidity to MON. Overall, tonight’s performance is critical. I’ll be closely watching the price action and ecosystem projects to see if there are any arbitrage or participation opportunities.