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Monad ecosystem FastLane announced that its TVL has surpassed 100 million US dollars within 48 hours.
ChainCatcher news, Monad ecosystem FastLane announced that its TVL has surpassed 100 million USD within 48 hours. This data is related to the adoption progress of its liquid staking token (LST) protocol “shMonad”. According to the protocol design, staking rewards will be distributed to Monad nodes, DeFi applications, and validators. FastLane will advance the node migration work from testnet to mainnet and plans to integrate with multiple DeFi protocols. Specific technical details and timeline have not been fully disclosed.