MONI is the governance token for Monsta Infinite and will be used for staking purposes in the near future. MONI token holders are a part of the project and play an integral role in deciding the direction and success of not only the token but the entire project itself, much like a DAO.
In the near future, MONI can be staked to earn more MONI 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.
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.
Click the link to understand about MONI-STT pool: https://medium.com/@monstainfinite/how-the-moni-stt-pool-will-give-back-to-the-community-7ba4330bbb57
You can sync your MONI in our Marketplace: https://marketplace.monstainfinite.com/
To understand on Monsta Wallet, you can refer to this article: https://help.monstainfinite.com/hc/en-us/categories/4418339233305-Monsta-Wallet