Monarch Utility Tokens (MT) will grant users 50% discount on Monarch Exchange, reducing the trading fee from 2% to 1%. Moreover, sending MT tokens on peer-to-peer (P2P) transactions will be totally free of charge. We will try to list Monarch tokens on as many exchanges as possible.

In addition, users will be able to earn rewards for using MT tokens to purchase goods or services and will get 50% discount on consumer-to-merchant transactions if their payments are made with MT tokens.