Why should I buy MONI token if I can buy STT directly to purchase Monstas? And how will MONI pump if STT is used in the Marketplace?
MONI can be staked to earn more MONI coming up in Q3 of 2022 and it will influence community proposals. Also, MONI that is swapped for STT in the Marketplace will shrink the circulating supply of MONI and be circulated to staking treasuries and provide rewards for MONI stakeholders. Check out the exchange mechanism below:
No, MONI token has a finite supply. We do not burn MONI tokens. However, the circulating supply is affected by the Moni-STT LP and our Masterchef contract system.