TKN is our community token. It’s an ERC-20 token that gives TKN holders the opportunity to share in the success of the Monolith card.
Every time you top up the card with a token other than TKN, a 1% fee is charged and sent to the Community Chest, an asset contract living on the blockchain. This is a smart contract that grows through the proliferation and usage of the Monolith Visa® Debit Card.
TKN holders can claim their share of the Community Chest at any time using our Cash & Burn mechanism.