๐swMON
What is swMON?
swMON is the liquid staking token you receive when you stake $MON through Swing Monad.
It is non-rebasing, meaning the token amount stays fixed, while the value of each token increases over time.
๐ Why non-rebasing?
Better DeFi compatibility.
Predictable integrations (no surprise balance changes).
Easier UX for smart contracts and front-end apps.
๐ How rewards work:
Rewards are auto-compounded.
You can swap back to $MON anytime, subject to unstaking periods.
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