Monad offered early investors $60M buyout ahead of token unlocks; nearly all declined

Ethereum rival Monad offered its early investors up to $60 million to liquidate their positions ahead of scheduled token unlocks. The buyout program was launched approximately three months before those investor unlock periods were set to begin. Despite the offer, nearly all early investors chose to decline the cash-out opportunity. The decision came as Monad's MON token was trading below its public-sale price, with the majority of the token supply still not in open circulation.