FastLane Testnet

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2 min read

About Airdrop

FastLane Labs is a cutting-edge infrastructure provider dedicated to optimizing the staking, liquidity, and MEV capture ecosystem within Monad. Through a unique combination of liquid staking technology, modular bonding policies, and productive MEV integration, FastLane Labs enhances both the security of Monad and the yield opportunities for stakers and validators.

At the heart of FastLane Labs lies shMONAD (shMON), a Liquid Staking Token (LST) designed specifically for the Monad ecosystem. Users can stake their MON tokens to mint shMON, maintaining liquidity while earning staking rewards. Unlike traditional liquid staking, FastLane’s policy-driven bonding allows stakers to set custom bonding and unbonding conditions, offering flexibility for individual risk and reward preferences.

FastLane Labs integrates directly with Monad’s node software through MFL (Monad FastLane) and works in tandem with Atlas EVM to internalize and refine MEV capture, channeling MEV revenue directly into yield streams for validators and users. This positive feedback loop where more staking and activity results in higher MEV capture and yield redistribution, creates a self-reinforcing system that benefits the entire Monad ecosystem.

FastLane Labs has officially launched its testnet campaign, allowing users to experience the full shMONAD lifecycle while positioning themselves for a potential future airdrop. This testnet offers hands-on access to staking MON tokens, minting shMON, managing custom bonding policies, and earning simulated yields.

Participants gain first-mover advantage by interacting directly with FastLane’s core features before mainnet launch. Completing these actions during the testnet phase could significantly boost your eligibility for future rewards, including a FastLane Labs token airdrop.

Follow our complete and simple step-by-step guide to participate!

Fastlane Testnet

Step-by-step guide

  1. Head to shMONAD’s Testnet Site.

  2. Connect your wallet (preferably MetaMask with Monad testnet support).

  3. Deposit tMON to mint shMON (testnet liquid staked Monad).

  4. This process mimics real staking and liquidity minting for mainnet.

  5. Delegate your shMON to validators to activate simulated yield earnings.

  6. Test the creation of FrontRunner Bot

  7. Join the FastLane Discord to stay updated on testnet events and community tasks.

  8. Engaged community members may also gain early supporter roles, potentially increasing airdrop eligibility.

You can read more about this event here: FastLane Testnet - Get FREE tokens today

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freecoins24
freecoins24

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