Stake MONAD into the pool and receive your gMONAD LST to use in DeFi
Step 2
Magma delegates to top validators
Step 3
Receive staking rewards and extra APY from MEV
MEV Rewards
Monad validators participate in the Magma auction, where they auction off blockspace and generate MEV rewards, which are then shared with stakers, boosting their APY
Community Powered
Magma is the community powered liquid staking protocol on Monad. Magma community members participate in decision making and align to the long term direction of the protocol within the Monad ecosystem.
