Menese has opened a second round of token packages following a wave of buying activity that pushed the project’s token well above its original pre sale level.
The decentralised finance project announced that a limited allocation of MENES tokens is now available through a restricted Round 2 sale, offering just 20 packages to participants. Each package contains 30,000 MENES tokens priced at $0.08 per token, placing the cost of a single package at $2,400. Buyers are able to acquire up to five packages per wallet.
The sale arrives after recent trading activity lifted the token’s market price to around $0.1723, more than five times higher than the floor price seen during earlier distribution stages. According to the project’s published figures, the platform currently operates with a fully diluted valuation of roughly $17.2 million and a total supply capped at 100 million tokens.
Menese said the decision to open another round followed unexpected pressure on its liquidity pool. The pool was originally intended to support stakers reclaiming token emissions after unlocking their positions. Instead, direct purchases from the community began arriving at a pace that pushed demand well beyond expectations.
Project representatives said the team opted to release a small additional allocation rather than allow late buyers to compete for tokens solely on the open market.
The new packages come with automatic staking for twelve months. Tokens purchased in the round are immediately locked, which means buyers cannot trade them during the staking period but remain eligible for emission rewards and governance participation within the network.
Menese distributes staking emissions at a rate of about 1.75 million tokens each year. Rewards vary depending on how many tokens across the network are currently staked. When fewer holders commit their tokens to staking pools, the annual return for those who do tends to rise. When participation increases, yields adjust downward.
The platform currently reports about 29.6 million MENES tokens locked in staking contracts across 245 active positions. Roughly 6.9 million tokens remain available for future emission distribution.
Reward rates also depend on how long users choose to lock their tokens. Current estimates place the annual return around 1.64 per cent for a two month lock, 2.75 per cent for four months, about 4.39 per cent for twelve months and slightly above six per cent for an eighteen month period. These figures fluctuate as staking participation changes.
Stakers receive voting rights within the project’s governance framework. That includes the ability to vote on how community rewards drawn from locked team and venture capital allocations are distributed over time.
The MENES token sits at the centre of several functions within the Menese platform. The project promotes the token as a utility asset tied to its decentralised finance infrastructure. According to documentation shared by the team, MENES can be used to access services across the protocol including borrowing features, automation tools and subscription based AI services.
One of the core products planned for the platform involves collateralised loans that allow users to borrow assets without interest payments, provided they deposit sufficient collateral. MENES is expected to play a role in fee payments and access to certain features within this system.
Developers building on the protocol are also expected to interact with MENES through software development kits offered by the platform. These tools allow external applications to connect with Menese infrastructure, which the project says will support automated trading strategies and on chain financial operations.
Another area the team is promoting involves AI driven services operating within decentralised environments. These services could include automated agents performing tasks for users, with MENES used to pay for subscriptions or execution fees.
Such utility claims remain a point of scrutiny across the broader digital asset sector. Analysts often note that many tokens launch with ambitious technical roadmaps while adoption tends to arrive more gradually. Projects therefore face ongoing pressure to convert early interest into practical usage once tokens begin circulating.
Market conditions also play a role in shaping how early token sales perform. Strong demand during initial stages can push prices higher, although volatility is common as projects move from early funding rounds into wider public trading.
Recent data from the Menese liquidity pool shows roughly 5,889 ICP paired with about 91,958 MENES tokens. Trading activity has recorded 178 transactions so far with a fee of 0.30 per cent per trade. Volume has reached more than 5,700 ICP according to the latest figures released by the platform.
The second round packages remain available until the allocation is exhausted. With only twenty packages released, the window may close quickly if interest continues at the same pace that triggered the additional round.
Whether the surge in demand continues will depend on how the project develops its proposed features and whether token holders see practical value emerging from the platform’s services in the months ahead.
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