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Monad Ecosystem: Exploring Its Key Subprojects Monad is an innovative blockchain project designed for high-speed, scalable, and efficient smart contract execution. Within its ecosystem, several key subprojects contribute to its functionality and growth. Let’s explore some of them: 1. Monad Virtual Machine (MVM) A high-performance virtual machine optimized for executing smart contracts efficiently, reducing gas fees, and improving transaction speeds. 2. Monad Consensus A groundbreaking consensus mechanism that enables parallel transaction processing, increasing throughput and finality speed. 3. Monad SDK A comprehensive set of tools and APIs for developers to build decentralized applications (dApps) seamlessly on Monad. 4. Monad DeFi A decentralized finance ecosystem featuring DEXs, lending protocols, and financial tools, providing a robust infrastructure for DeFi applications.
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