Gold Rush Guide: Monad, the King of Public Chains, Launches Testnet—Quick Guide to Interaction
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Gold Rush Guide: Monad, the King of Public Chains, Launches Testnet—Quick Guide to Interaction
Besides participating in testnet interactions, helping Monad write tutorials, submitting bugs or constructive feedback, assisting with localization and promotion, there is also a chance to receive official rewards.
Navigating Web3 tides with focused insightsAuthor: 1912212.eth, Foresight News
On February 19, the flagship project Monad officially launched its testnet. Known for its ultra-high throughput, low-cost transactions, and full compatibility with the Ethereum Virtual Machine (EVM), Monad has attracted significant attention from developers and sparked enthusiasm among regular users to participate in testing.
This article provides a detailed introduction to Monad's project background and funding status, how to claim testnet tokens, and a step-by-step guide for interacting with the testnet, helping you quickly get started with this rising star project and earn valuable rewards.
High-Performance Blockchain Monad
Monad is a Layer-1 blockchain focused on scalability and high performance, aiming to address existing public chains' (such as Ethereum) pain points regarding transaction speed and cost. Its core goal is to achieve an ultra-high throughput of 10,000 transactions per second (TPS), reduce gas fees to extremely low levels, and maintain seamless compatibility with the Ethereum ecosystem. Compared to current mainstream public chains, Monad’s performance targets even surpass Solana (approximately 1,500 TPS), leading the community to hold high expectations for it.
Monad's technological innovations are mainly reflected in two aspects. First is its unique MonadBFT consensus mechanism, an optimized Byzantine Fault Tolerance algorithm that significantly improves transaction confirmation speed while ensuring decentralization. Second is its parallel execution architecture, which allows transaction and smart contract computations to occur simultaneously, greatly enhancing network efficiency. These features make Monad theoretically suitable not only for everyday payment scenarios but also capable of supporting complex decentralized applications.
Behind Monad is a core team including Keone Hon (CEO), who previously worked at top-tier financial technology firms such as Jump Trading, along with other technical experts with years of experience in distributed systems and cryptography. With strong technical capabilities and a clear vision, Monad has performed impressively in fundraising. Public information indicates that in early 2024, Monad Labs raised $225 million in a seed round led by Paradigm, setting a new record for funding amounts in Layer-1 projects at the time. Participating investors included prominent venture capital firms such as Electric Capital, Coinbase Ventures, and Castle Island Ventures.
Claim Test Tokens and Join Testing
Wallets currently supporting the Monad testnet include Phantom, OKX Web3 Wallet, Backpack, etc. After confirming installation of a supported wallet, select to add the network to your wallet.
Network parameters are set as follows:
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Network Name: Monad Testnet
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RPC URL: https://testnet-rpc.monad.xyz
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Chain ID: 10143
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Currency Symbol: MON
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Block Explorer URL: https://monad-testnet.socialscan.io//
The first step to participating in the Monad testnet is acquiring test tokens. The tokens used in the testnet are not real assets and are solely for simulating transactions and testing functionalities.
The official website offers several methods to claim test tokens; users can choose the one that best suits their needs.
Official Faucet
Monad has set up a faucet feature on its testnet page. Users simply need to connect a compatible wallet (e.g., MetaMask), enter their wallet address, and complete a simple CAPTCHA verification to receive a certain amount of test tokens. To prevent abuse, there are limits on the number of claims and the quantity per day—maximum one request every 12 hours. (If you encounter issues using the faucet, check your existing EVM address—it may already have funds.)
Community Tasks and Airdrops
The Monad team, through collaboration with the community, has launched various testnet tasks. Users who complete specified actions can receive additional test tokens. For example, following official accounts on Discord or Twitter, participating in AMAs (Ask Me Anything sessions), or inviting friends to join the testnet may all lead to rewards. Currently, Monad has airdropped test tokens to over 8.8 million active Ethereum addresses (indicating these addresses may have passed Sybil resistance checks).
Users can click the link below to check their eligible test token balance:
https://testnet.monadexplorer.com/
Third-Party Platform Support
Some blockchain testing tool platforms, such as Alchemy or QuickNode, may partner with Monad to offer test token distribution services. Developers can apply via these platforms’ developer portals. The process is similar to the official faucet, but occasionally includes larger token rewards, making them ideal for developers needing substantial test funds. When claiming test tokens, it is recommended to use a wallet address specifically configured for the testnet to avoid confusion with mainnet assets.
Interaction Guide
After obtaining test tokens, users can begin interacting with the Monad testnet. Below are the main steps for participation:
Basic Interaction: Transfers and Transactions
The simplest form of interaction is transferring test tokens. Users can send a small amount of MONAD to another address (e.g., a friend’s test wallet) to experience transaction speed and fees.
Deploying and Invoking Smart Contracts
For developers, Monad’s EVM compatibility is a key highlight. Users can write smart contracts using Solidity and deploy them to the testnet using tools like Remix or Hardhat. After deployment, they can invoke contract functions (e.g., a simple counter or token transfer) to test Monad’s parallel execution capability. Official developer documentation (assumed to be available at monad.xyz/docs) is provided, and users are encouraged to refer to sample code for quick onboarding.
Participating in Ecosystem DApp Testing
Early-stage DApps such as DEXs or NFT marketplaces may already be live on the Monad testnet. Users can find these applications via block explorers or community recommendations, connect their wallets, and interact with them. Such activities not only help users become familiar with the ecosystem but may also accumulate points toward potential future mainnet airdrops.
Ecosystem homepage:
https://www.monad.xyz/ecosystem
Notes
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Security: Although the testnet does not involve real assets, remain vigilant against phishing links and fake websites. Always prioritize official channels.
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Feedback: Monad encourages users to report bugs or submit suggestions discovered during testing via the official website or Discord.
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Record Keeping: Save interaction records (e.g., transaction hashes) for potential future use.
Finally, beyond testnet interactions, users who help Monad by writing tutorials, submitting bugs or constructive feedback, assisting with localization and promotion (e.g., managing Twitter), or introducing industry resources to the project team (e.g., arranging interviews or connecting with renowned projects) also stand a chance of receiving official rewards.
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