🔸 @ Monad_xyz has locked its attention, indicating that the testing network may start at any time. 🔸 The liquidity pledge agreement @ Kintsu_xyz of the Monad ecosystem took the opportunity to launch an NFT registration campaign for the "Beta Access Pass". 🔸 This NFT is a necessary ticket for interacting with the Kintsu Dapp testing network, and currently over 100000 people have completed NFT registration. Kintsu completed a $4 million seed round, led by Castle Island Ventures, with participation from Animoca, Spartan Group, CMS Holdings, and others. @Monad_xyz is a PoS chain, therefore it requires staking the native token MON. Users can use @ Kintsu_xyz to stake MON to obtain sMON, which can be used for Defi protocol while accumulating native MON staking profits. Interestingly, Kintsu and Monad share a very similar philosophy, both emphasizing "decentralization". Kintsu has a DAO governance mechanism that revolves around its governance tokens KSU and DAO NFT ▪️ Users need to pledge their KSU tokens to a DAO NFT to obtain corresponding voting rights. ▪️ Users can actively participate in proposal voting on their own, or delegate their reserved tokens and voting rights to others to participate in governance. Perhaps the most important aspect of all governance is the vote for the 'verifier'. Kintsu has a validator registry, and validators need to pledge KSU and MON as collateral to join this form. KSU token holders, on the other hand, have the ability to vote on the "allocation of staking weights for validators," so validators need to maintain "high performance standards" in order to gain community trust. 🔗 Beta Access NFT registration website: https://kintsu.xyz/staking