Mono Protocol Presale Raises $1.7M, Targeting Blockchain Fragmentation with Chain Abstraction

Mono Protocol has officially launched its crypto presale, drawing strong early attention with $1.7 million raised on the first day. The project focuses on addressing blockchain fragmentation and simplifying Web3 access through innovative features designed to unify accounts and streamline development.

Key elements include execution bonds, where solvers and routers stake MONO tokens as performance guarantees to ensure instant settlement under the Resource Locks model, reducing failed transactions and enhancing trust. The protocol also introduces chain abstraction, enabling one account and balance to operate across multiple blockchains, which eliminates the need for separate wallets and native tokens, lowering barriers for developers and users alike.

Additionally, Mono Protocol allows developers to set configurable fees on interactions, creating consistent revenue streams, while users gain protection against MEV and benefit from efficient cross-chain routing. The MONO token serves as the core utility for universal gas payments, staking, governance, and network participation, aligning incentives across the ecosystem.