Blockchains, cryptocurrencies, decentralised finance — there’s a lot to take in once you dive into this new world. Keeping up with everything can be overwhelming. We know that there’s a lot of jargon that gets used in the crypto and DeFi space, and it’s not always obvious what a lot of it means. With that in mind, we decided to put together a glossary to help you navigate your way through decentralised finance. We’re building a powerful new financial system with world-changing potential, so it’s worth getting to grips with the core concepts as early as possible. We’ll also be…


One of the most groundbreaking features of decentralised finance is the ability to swap between different crypto assets in a permissionless manner. Thanks to the power of smart contracts, any DeFi user can visit an automated market maker protocol, connect their wallet, and access liquidity pools to swap between tokens. In this guide, we’ll explain how to swap tokens in your Monolith wallet.

Please note this article applies to the newest versions of the Monolith wallet, released after April 2021. If you have an older version of the app, you can also access our Paraswap integration to swap tokens in…


EIP-1559 is one of Ethereum’s most widely discussed updates of recent years. First authored by Vitalik Buterin in 2018, the “ETH buyback” proposal has drawn the attention of Ethereum developers, miners, community members and major crypto media outlets alike over the last few months. The discussions reached a climax in March, when Ethereum’s core developers agreed to implement EIP-1559 in the protocol’s London hardfork. The crucial update involves burning a portion of the gas fee with every transaction on Ethereum. As the community prepares to see ETH become more scarce, many are eagerly anticipating the update. However, it’s also met…


We recently announced our plans to launch a new product called token.com. We’ll be building a simple, easy-to-use app that makes DeFi accessible to the world, and we’re heading to Brazil to launch it. A number of factors make Brazil the perfect place to begin the next stage of our journey, including its flourishing fintech scene. Brazil is home to the biggest fintech hub in Latin America, with around 800 startups in the industry today. But it wasn’t always this way. It’s only in recent years that Brazil’s fintech scene has exploded, and we think crypto and DeFi will be…


We’re hiring.

We have three new vacancies for a Senior Product Manager (Growth), Head of Design and Finance Manager.

Joining Monolith is an opportunity to shape the future of finance. Our mission is to make it easy, safe and fun to grow money through the power of decentralised technology, and we believe that blockchains will profoundly change our society for the better over the coming decades. Every member of our team shares this belief, and each of us is proud to hold a place at the forefront of the crypto movement.

Monolith is expanding, which means that we’re recruiting for…


Earlier this month, we announced that we would be launching our next product in Brazil. We’ll be building a DeFi app that anyone can use, and we’re excited to unveil it in Latin America’s biggest economy. It’s set to go live at token.com. Although our current offering provides an easy entry into the magical world of DeFi, the expense of using Ethereum mainnet has priced out many users in recent months. Popular among crypto natives, it’s also a fairly complex product for less experienced users. For our next product, we’ll be simplifying the experience to make DeFi easy and accessible…


We’re recruiting for a Senior Go Backend Engineer.

You’ll be critical to building our user-facing products, as well as the behind-the-scenes systems required for us to offer these products. Our backend stack consists of Go and Node.js / TypeScript services, communicating using gRPC. This all culminates in a GraphQL API that is used by our mobile app. We use Kubernetes with the Google Cloud Platform, including its Firestore & Datastore databases, BigQuery, Pub/Sub and more. Among other things, our backend is responsible for user authentication, dealing with the Ethereum blockchain, performing Know Your Customer and Customer Due Diligence tasks, managing…


Last week, we announced our new product, token.com. An app built to make DeFi simple, safe and fun for everyone, token.com will launch in Brazil this summer. We wanted to share more insight on the project with our community this week, so our CEO Mel Gelderman appeared in a community check-in session to answer questions about the project. For anyone who missed it, we’ve compiled the key notes here. Read on below.

Can you describe token.com in one sentence for a non-crypto user and crypto user?

The purpose of the product is to make tokenized magic accessible to anyone. The…


We’re recruiting for a Finance & Risk Modeller.

We’re looking for someone who can help us see into the future. Reporting directly to our Finance Director, the successful candidate will be instrumental in the accuracy and timeliness of our forecasts, and in helping the business understand and quantify the risks associated with the crypto assets, both on our balance sheet and on our product roadmap.

Joining Monolith is an opportunity to shape the future of finance. Our mission is to make it easy, safe and fun to grow money through the power of decentralised technology. We believe that blockchains will…


We’re delighted to announce our next project.

This summer, we’ll be launching a new product that makes decentralised finance simple and accessible to everyone. It will go live at token.com with an initial rollout in Brazil.

When we set out on our mission in 2017, our goal was simple: we wanted to make tokenized magic a reality for those who believed in the disruptive power of blockchain, so we built a groundbreaking app on Ethereum with a Visa® Debit Card for spending crypto anywhere. We’re proud to have grown Monolith over the years, with over $12.5 …

Monolith

Monolith is the world’s first DeFi wallet and accompanying Visa debit card made for spending crypto assets anywhere.

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