# ETH Monsta ($METH)

## What Was METH (ETH Monsta)?

$METH was a project on the Ethereum network, envisioned as a meme token with sophisticated yield-generating mechanics. Designed to deliver sustainable rewards through deflation, user incentives, and buyback mechanisms, METH sought to build a robust ecosystem leveraging utility NFTs and community-chosen asset accumulation.

However, challenges emerged, including high transaction costs on Ethereum, securing optimal partnerships, and resource limitations following the departure of a key founder. Despite these obstacles, the remaining team was committed to adapting and responding to community needs.

As momentum in the crypto space shifted toward Base Chain for its lower fees and growing ecosystem, METH holders expressed strong interest in transitioning the project. A series of community discussions and governance proposals followed, culminating in an overwhelmingly supportive vote to merge the METH and MONSTA projects.

In a spirit of innovation and continuity, the concept of METH was reborn as Based Monsta on Base Chain, carrying forward its legacy with fresh mechanisms designed to ensure sustained growth and community engagement.

{% hint style="info" %}
As of October 2024, ETH Monsta ($METH)  has been deprecated and is no longer available for trading.
{% endhint %}

<figure><img src="/files/s3NmVYGlR2patc8UBjSo" alt=""><figcaption><p>For those who wish to explore the current evolution of METH and its features, the journey continues with <a href="/pages/yJLwE8XboTkvdI4Fm7Zw">Based Monsta</a>.</p></figcaption></figure>


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