How to use

xMONO is illiquid and non-transferable but can be used through extras' allocations and in the future on approved (whitelisted) contracts providing additional usages.

Allocations

Users can freely allocate their available xMONO to any extra to take advantage of its benefits. While xMONO is allocated and consequently deposited on the token contract, it can't be used for anything else.

Deallocating allocated xMONO will withdraw the amount back into the owner's wallet.

A default 0.5% fee will be applied when deallocating xMONO.

Transfer

xMONO is, by default, non-transferable, except from/to whitelisted addresses. This is made so that essential interactions (like allocations and redemption with the token contract) and additional usages (for instance, with partner-specific implementations...) can still be leveraged.