Rank #1137
2,922 people like this
monolith  (TKN)

Monolith (TKN)

$0.239847 ?
Last Updated: 2021-09-23 16:19:54 UTC (8 hours ago)
2,922 people like this
?
24H Range
?
Market Cap $8,692,489
24 Hour Trading Vol ?
Fully Diluted Valuation $9,451,586
Circulating Supply 36,241,834
Total Supply 39,406,759
Max Supply 39,406,759
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Monolith (TKN) Price Chart

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TKN Price and Market Stats

TKN Price $0.239847
Market Cap $8,692,489
Market Cap Dominance 0.00%
Trading Volume ?
Volume / Market Cap ?
24h Low / 24h High ? / ?
7d Low / 7d High ? / ?
Market Cap Rank #1137
All-Time High $4.39 ?
Jan 12, 2018 (over 3 years)
All-Time Low $0.000058001698 ?
Jun 13, 2020 (over 1 year)

Monolith Coin Price & Market Data

Monolith price today is $0.239847 with a 24-hour trading volume of ?. TKN price is up % in the last 24 hours. It has a circulating supply of 36 Million TKN coins and a total supply of 39.4 Million. If you are looking to buy or sell Monolith, Uniswap (v2) is currently the most active exchange.

 

What is Monolith?

Monolith is a decentralized financial platform on Ethereum which provides wallet and exchange services. The project allows users to spend their digital assets in the real world by exchanging their ERC-20 tokens into fiat and loading them onto their Monolith Visa debit card.


monolith home page

What are TKN tokens?

TKN is Monolith’s native token and allows users to top-up their Monolith card without paying a 1% commision fee.

When any other token besides TKN is used to top-up a Monolith card, the user will be charged a 1% commision fee which will be sent to the Community Chest smart contract. TKN holders can burn their tokens in exchange for a proportional amount of the tokens stored in the Community Chest.

How does Monolith work?

Monoliths aims to provide users with a portal to interact with the DeFi ecosystem seamlessly through:

  1. An Ethereum wallet to store funds and perform exchanges

  2. A Visa debit card which can be used to spend crypto assets 

The Monolith app allows users to view their balances, track their spending and convert their digital assets into fiat or other cryptocurrencies, including interest-bearing tokens such as aDAI. Unlike conventional wallets, Monolith makes use of a main wallet and a “gas tank” wallet. Before users are able to spend their funds, they would have to top-up their gas tank, which allows them to top-up their card in the future and to send tokens to other wallets. 

The Monolith Visa debit card uses GBP (£) or Euros (€) and can be used at any merchant that accepts Visa. There is currently no monthly fee to maintain the card but fees may apply for purchases and ATM withdrawals. 

For example, when a user converts their cryptocurrency into fiat to top-up their card, they will be charged 1% community contribution fees if they are not converting TKN tokens. On top of that, a 1% license fee will be charged and paid to Monolith if the tokens converted are not stablecoins such as USDT or USDC. For more details on fees, you may refer to Monolith’s pricing page.

Monolith requires users to undergo a Know-Your-Customer (KYC) process before they can receive their debit cards.
monolith buy defi tokens

How do I get TKN tokens?

You can obtain TKN tokens by purchasing them from cryptocurrency exchanges such as Uniswap

Monolith News & Guides

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