MONKCOIN is the worlds first automatic staking and compounding Memecoin. Simply said, keeping the token in your wallet will automatically compound your benefits.

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$MONK, MONKCOIN's native currency, is a BEP-20 token with an elastic supply. MONK's Autostaking Protocol (MAP) provides its token holders with the greatest steady returns in crypto.

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To understand Auto staking, you must first understand what staking is. Staking in cryptocurrency is the process of locking up (for a set amount of time) crypto holdings in order to receive incentives or earn interest. Staking is typically regarded as an additional way to profit while investing in Defi projects. However, with MONK and its auto staking feature, that option is no longer available. Staking Rewards are earned from the moment MONK is purchased.

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Compounding is the process by which earnings from an asset (in this case, MONK's earnings) are reinvested to generate further earnings over time. What this indicates is straightforward. Gains from auto-staking MONK are immediately reinvested, providing holders with even investment benefits.

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MONK has the highest fixed APY (APY stands for Annual Percentage Yield. The annual percentage yield is the true rate of return on an investment that takes into account the effect of compounding interest).  At 102,483 percent. MONK is the first Wallet with Automatic Staking and Compounding, and MONK rewards investors every 30 minutes / 48 times per day. (After the presale only once MKNM token is traded will the auto staking and compounding start, this process of rewarding tokens is called ‘Rebasing’.