Monorite (MNR): The Token That Only Goes Up

A Revolutionary ERC-20 Token with Guaranteed Continuous Price Appreciation

Overview

Monorite (MNR) is designed to address the dual crises of fiat devaluation and cryptocurrency volatility. By leveraging a deterministic price discovery mechanism , Monorite ensures its exchange rate always increases , offering a predictable, upward trajectory for value growth. Unlike traditional cryptocurrencies, MNR combines a fixed supply, transaction-driven minting, and halving events to create a self-sustaining, deflationary asset.

Key Features

1. Algorithmic Price Appreciation

Initial Rate : 1 MNR = 0.000041 ETH (~24,390 MNR/ETH).
Price Progression : Each transaction increases the price by 0.0000000025 ETH/MNR , creating irreversible upward momentum.

Milestones :
100M transactions: 0.25 ETH/MNR
400M transactions: 1.00 ETH/MNR

2. Sustainable Halving Mechanism

Halving Events : Price increments halve every 400 million transactions , slowing appreciation to balance adoption and scarcity:

First Halving : 0.00000000125 ETH/MNR (at 400M transactions)
Second Halving : 0.000000000625 ETH/MNR (at 800M transactions)

3. Fixed Supply & Minting

Hard Cap : 40 million MNR (enforced by ERC20Capped ).

Initial Distribution :
2M MNR locked in contract for initial liquidity.
8M MNR allocated to creators (transparently documented).

Minting : 7 MNR added to the contract reserves every 100 transactions until the 40M cap is reached.

4. Security by Design Architecture

Monorite’s security framework eliminates vulnerabilities:

ERC20Capped Compliance : Mathematically prevents inflation beyond 40M MNR.
ReentrancyGuard Protection : Blocks recursive contract exploits.
Transfer Restrictions : Direct token transfers are disabled (revert DirectTransferDisabled()). All trades occur through the contract’s buyTokens/sellTokens functions.
Chain-Specific Validation : Transactions are bound to Ethereum’s mainnet via block.chainid checks.
Precision Calculations : 18-decimal arithmetic with overflow safeguards ensures accurate ETH/MNR conversions.

5. Decentralized Liquidity Pool

No Third-Party Liquidity : The contract itself acts as the market maker, with reserves funded by buys and replenished by sells.
Post-Cap Liquidity Redistribution: Sold MNR Tokens Return to Reserves for Sustainable Trading

How It Works

Price Formula : ETH per MNR = 0.000041 + (Transactions × 0.0000000025)

Buying/Selling :

Buy : Send ETH to the contract → Receive MNR at the current rate from the contract reserves.
Sell : Send MNR to the contract → Receive ETH at the current rate from the contract reserves.

Why Monorite?

Predictable Growth : Mathematically enforced price appreciation shields against volatility.
Scarcity-Driven Value : Fixed supply and halving events ensure long-term value preservation.
Self-Sustaining Ecosystem : Post-cap, liquidity is dynamically reallocated through sell transactions.

Contract Details

Address : https://etherscan.io/token/0x95e2554870c7e4afd4775bf328a56c63ba35549c?spm=a2ty_o01.29997173.0.0.1285c921lytEwJ
Code : https://github.com/Mr-H-E/Monorite?spm=a2ty_o01.29997173.0.0.1285c921lytEwJ

Get Started

Trade : Use Etherscan or integrate with Web3 libraries.

Monitor : Track real-time price, liquidity, and events via emitted logs (e.g., TokenPurchase, TokenSale).

Community & Resources

Whitepaper : https://monorite.org/Monorite.pdf
Website : Monorite.org
Reddit : https://www.reddit.com/r/Monorite/
Telegram :https://t.me/MonoriteCommunity

Immutable. Always Appreciating. Revolutionary.

Join the conversation:

What’s your take on algorithmic price appreciation? How could this redefine crypto economics? Weigh in now - your perspective matters![/list]