Menese Protocol has opened a limited SNS sale for its MENES token following eight months of activity on the Internet Computer, with the project saying its MENES pool has now processed more volume than the original presale.
According to Menese, the volume has been driven by token buybacks and continued community demand since the project launched.
The protocol said early participants have already more than doubled their original position, although the statement does not provide transaction data or details on how those returns were calculated.
The limited SNS sale is now live through the Internet Computer’s Network Nervous System, with Menese describing the offering as an opportunity to secure a larger allocation ahead of a planned centralised exchange listing.
The Network Nervous System is the on-chain governance system used by the Internet Computer, and its interface allows users to participate in SNS token projects and governance.
Menese’s latest announcement focuses on activity already recorded by the protocol rather than providing a forecast for MENES. As with other crypto assets, past trading activity and reported returns do not guarantee future performance.
The project has directed prospective participants to its SNS page for details of the current sale.
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