Bitget Launches MON Token Promotion with High-Yield 20% APR and Massive Airdrop
Crypto exchange Bitget is pulling out all the stops to celebrate the listing of Monad’s native token (MON), launching a dual-reward MON token promotion that offers a sky-high 20% Annual Percentage Rate (APR) and a share of an 800,000 MON airdrop pool. This aggressive campaign, running until December 7, is designed to drive immediate user participation and on-chain activity. It provides a rare, limited-time opportunity for both new and seasoned traders to earn substantial yield on a promising new Layer-1 asset from day one of its listing.
Breaking Down the MON Token Promotion
The MON token promotion is split into two lucrative parts. First, the “MON Earn” product offers a promotional 20% APR, a rate significantly above normal market yields for staking or savings products. Users can access this through Bitget’s On-Chain Earn interface on web or mobile. Second, an 800,000 MON trading event rewards users who increase their MON balance during the campaign period. The platform uses daily snapshots to calculate each user’s average new balance, distributing rewards proportionally. This fair, snapshot-based system ensures everyone has a chance, regardless of their starting capital size.
Bitget’s Strategic Push for On-Chain Engagement
This MON token promotion is far more than a simple listing bonus; it’s a strategic move by Bitget to foster real on-chain utility. CEO Gracy Chen stated the campaigns were designed so users could “actively participate in using the token from the first day of listing.” This initiative aligns with Bitget’s broader push to bridge Centralized (CeFi) and Decentralized (DeFi) finance through its Universal Exchange (UEX) platform. By offering accessible, high-yield opportunities on a performance-focused blockchain like Monad, Bitget is positioning itself as a go-to gateway for the next generation of modular Layer-1 ecosystems.
My Thoughts
This is a masterclass in exchange-led token acceleration. Bitget isn’t just listing MON; it’s creating an instant, high-demand use case for it. The 20% APR is a powerful incentive that will lock up a significant portion of the initial circulating supply, potentially reducing sell pressure and stabilizing the price. For Monad, this provides a turbocharged launch with immediate user engagement. For the broader market, it sets a new standard for how exchanges can bootstrap meaningful ecosystem participation from day one.
