Dear SafePal Community,
We are excited to announce the integration of Monad mainnet, a next-generation, Ethereum-compatible chain delivering 10,000 TPS, sub-second finality, low fees, and scalable decentralization. Native assets on Monad will be supported on the SafePal software and hardware wallet, with browser extension wallet to follow.
With the latest SafePal wallet app update, users can now store, send, and receive $MON along with other native assets through the SafePal mobile app here and hardware wallet line here respectively. The guide for the browser extension will also be updated here once it is ready.
With this integration, SafePal users will also be able to explore dapps in the Monad ecosystem.
About Monad:
Monad is a blockchain platform that stands out for its high performance and Ethereum compatibility, designed to address the scalability and efficiency challenges faced by existing blockchain technologies.
It achieves a remarkable throughput of 10,000 transactions per second (tps) by implementing optimizations in five critical areas: MonadBFT, Raptorcast, Asynchronous Execution, Parallel Execution and JIT Compilation, and MonadDb.
These innovations not only enhance the platform's performance but also ensure it remains fully compatible with the Ethereum Virtual Machine (EVM) bytecode and the Ethereum Remote Procedure Call (RPC) API. This compatibility allows for a smooth transition for developers and users from Ethereum to Monad, enabling the direct use of a wide range of applications, developer tools, wallets, and analytics services without the need for significant modifications.
About SafePal:
Founded in 2018, SafePal is a next generation non-custodial crypto wallet suite backed by Animoca Brands, Binance and Superscrypt. The suite empowers access to decentralized and centralized finance on 200+ blockchains across its hardware, software, and browser extension wallet solutions.
Encompassing a diverse mix of crypto asset management solutions like cross-chain swapping, trading and yielding tools, centralized exchange (CEX) mini programs, a banking gateway and Mastercard for users — SafePal serves over 25 million users globally across 200+ regions and countries in 16 languages.SFP is a decentralized BEP-20 and ERC-20 token fuelling the SafePal ecosystem with various utilities such as discounts on SafePal products, staking boost and airdrop rewards, seamless conversion to gas tokens, and more.
Stay informed about SafePal here
