Moneta DAO $MON

Moneta DAO is a revolutionary architecture in the DeFi space. With its revenue-sharing token, Moneta, the DeFi Franc Protocol promotes innovative financial solutions by allowing users to draw loans against ETH and wBTC at 0% interest. The protocol’s unique features and benefits make it an exciting project in the crypto landscape.

The DCHF: An Overcollateralized Stablecoin

The Defi Franc (DCHF) is a stablecoin within the Moneta DAO ecosystem. Pegged to the value of one Swiss Franc, it’s designed to maintain its value despite market fluctuations. This overcolleratized stablecoin is an enhanced version, and a friendly fork, of the Liquity protocol and their stablecoin LUSD. DCHF, however, differs as it is pegged to the Swiss Franc instead of the USD and supports more collateral types. This innovative design provides native leverage on crypto-assets and LP Tokens.

Capital-efficient Borrowing with Moneta DAO

With a minimum collateral ratio of 110%, the DeFi Franc Protocol offers capital-efficient borrowing. This contributes to a unique financial model where the 0.5% borrow and redemption fee goes to the Staker of MON (Moneta), providing an additional revenue stream for token holders.

Acquiring Moneta Tokens

There are two primary ways to receive Moneta tokens within the protocol. Users can either stake DCHF into the Stability Pool or provide liquidity into the DCHF-3crv Liquidity Pool on Curve. This provides users with multiple opportunities to acquire MON tokens and participate in the protocol ecosystem.

Benefits of Moneta Token

The MON token serves a distinct purpose within the Moneta DAO ecosystem. Token holders can stake their MON in the Staking Pool and profit from the revenues generated by the DeFi Franc Protocol through borrowing and redemption fees. This creates a sustainable revenue system for token holders, further enhancing the appeal of the Moneta DAO project.