Monad, an Ethereum rival, offered early investors up to $60 million to cash out. Almost all said no

According to CoinDesk, Monad offered up to $60 million to buy back locked MON tokens from early investors, but nearly all declined the offer. The program was designed to provide liquidity without accelerating the release of tokens on the market. Despite a significant increase in decentralized finance activity on its platform, MON's price remains below its public-sale value, raising questions about investor sentiment. Read the full story at CoinDesk . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.