Important Update: Focusing Liquidity on Gate.io, Kucoin, and AscendEX

Dear valued members of our community,

We wish to share with you an important update regarding our liquidity management strategy. As we constantly strive to maximize security, efficiency, and quality of service, we have decided to redistribute a major portion of our liquidity from PancakeSwap to the centralized exchanges: Gate.io, Kucoin, and AscendEX. This shift does not mean we’re leaving PancakeSwap completely; a portion of our liquidity will still remain there.

However, the majority will now be in Gate.io, Kucoin and AscendEX due to the following reasons:

• Enhanced Security: Centralized exchanges offer robust security measures. Gate.io, Kucoin and AscendEX have a strong reputation for their high-grade security protocols, reducing the risk of potential vulnerabilities that might be experienced on decentralized platforms.
• Greater Market Depth: By providing liquidity on centralized exchanges, we can potentially reach a larger market, thus increasing our token’s liquidity and reducing price volatility. This creates a more favorable environment for both new and existing investors.
• Superior Customer Support: Centralized exchanges such as Gate.io and Kucoin offer 24/7 customer service, which is key in ensuring your issues and inquiries are dealt with promptly and professionally.
• Ease of Use: Centralized exchanges are generally user-friendly, particularly for newcomers to the crypto space. The interfaces of Gate.io and Kucoin are intuitive, making it easier for users to trade, deposit, and withdraw.
• Regulatory Compliance: Centralized exchanges are more compliant with international and regional regulations, adding another layer of protection for our users.

This strategic shift aims to create an optimal trading environment for our community members. We assure you of our assistance throughout this transition and are prepared to answer any questions or concerns you might have regarding this move.

In addition to this, we regret to inform you that we will no longer be collaborating with MEXC. We strongly advise those who currently hold MONI in their MEXC accounts to transfer their assets to either Gate.io, Kucoin, or AscendEX as soon as possible.

Please do not hesitate to reach out if you have any questions or concerns regarding these changes. Thank you for your understanding and unwavering support.