๐Ÿ’œswMON

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.

๐Ÿ“ˆ Why non-rebasing?

  • Better DeFi compatibility.

  • Predictable integrations (no surprise balance changes).

  • Easier UX for smart contracts and front-end apps.

๐Ÿ” How rewards work:

  • Rewards are auto-compounded.

  • You can swap back to $MON anytime, subject to unstaking periods.

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