Arriving on the Ethereum landscape as a rebranded and migrated token, ETH Monsta (METH) has undergone a significant transformation in order to revive the project (formerly Pepe Monsta – raised over 300 ETH in its presale) and constantly changing Friendly to the crypto space. It is now becoming a hyper-deflationary meme token in disguise. It will be powered by an innovative community investment and asset management platform with yield-bearing NFTs and multi-asset vault utility.
Developed by the team behind Cake Monster (MONSTA) on BSC, which achieved an impressive market cap of 250 million, ETH Monsta aims to expand the ecosystem’s stability and reward utility. Its community-managed platform will generate yields in a highly deflationary environment, covering multiple risks while prioritizing hedging strategies for market volatility.
Through token sales tax and reward vault, the protocol dynamically employs short-term/high-risk and long-term/low-risk investment strategies, supported by buybacks and burns for continuous deflation. The goal is to quickly access potentially high-grade assets, benefit METH token and NFT holders, and utilize a long-term strategy with less volatile investments.
ETH Monsta will introduce a gamified NFT utility system integrated into the multi-asset vault design, providing users with an engaging, refreshing and rewarding experience. Collaboration with top performers and other crypto projects within the same space (DeFi, Mayhem, NFT) is part of the project’s vision to disrupt this sector.
Their team recently used Assure DeFi for their KYC verification and brought on their first experienced project advisor and brand ambassador – El Crypto Chapo – who will help them start things up from scratch and add expertise to their project.
Join the revolution on Friday, July 28th as ETH Monsta relaunches with live trading on Uniswap at 2PM UTC.
Website:
Twitter: https://twitter.com/Monsta_ETH
Telegram: https://t.me/MonstaFinance
Source: coinchapter.com
