u/Tennebelievin

Monad has been down for over a week, and many retail investers are panicking right now. Just a reminder that my dad is not a a hype coin, it is all about real world utility. The ecosystem is young and year number 1 will be very volatile. This dip is in line with the entire crypto ecosystem right now, primarily because of high energy prices, and the war with Iran. Also, an extreme amount of short leverage positions are pushing the price down. Now is the time to buy the dip, increase the leverage leverage positions, stake more, get involved in defi on Monad. A monad is a long-term investment, and you're number one on such an ecosystem is a unique and rare experience that a lot of people will wish they did not miss. They're an incredible amount of rewards out there, provided by Monad, to encourage early ecosystem growth. Go check out Merkl.

Stay patient, stop watching the price, and have fun with your monad!

If you haven't been paying attention to the Monad ecosystem, you're missing out on some massive early opportunities. I’ve been dipping my toes into LeverUp.xyz for a few weeks, and it’s arguably the most interesting perp DEX on Monad right now. I am very active Monad defi, and perp trading is pretty new to me. It's not for everyone, but I'd love to see the Monad Reddit community come together on this one.

Here’s the TL;DR on why it’s worth your time:

The Tech: It’s a perpetual trading dApp where you can leverage up to 1001x. You trade with USDC and MON (paid out in a wrapped format, so it's super easy to unwrap). You don't just have to trade MON, either—they have plenty of popular pairs.

The Genesis Airdrop: We are currently in the Genesis phase. Interacting in their Discord, posting on X, and generating trading volume earns you points for an upcoming airdrop.

The Real Alpha (slvMON Staking): Every few weeks, they take a snapshot of active traders and LVMON/LVUSD holders. If you hit the criteria, you get whitelisted to stake for slvMON. Right now, this is printing the highest staking yield on Monad. (Obviously, as more people get whitelisted, the APY will dilute, so being early is key).

The Reddit Team-Up:

LeverUp uses a team system that gives everyone a points multiplier. I want to get a solid Reddit squad together so we can maximize our Genesis airdrop allocations as a group.

You can go at your own pace, whether you're a high-volume degen or just testing the waters. If you want the bonus multiplier and want to help us crush the leaderboards, select the "Genesis Airdrop" tab and use the code LEVERUPRED.

Link: https://app.leverup.xyz?code=LEVERUPRED

Let me know if you have any questions about the platform or the staking mechanics down below!

Stop the panic!