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Posted: 2025-04-30 02:55:31 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-30 02:55:53 UTC
Verified By
Rollup News
Magma Staking offers a way to farm Monad and its ecosystem using $gMON. It allows users to stake MON for $gMON, providing access to governance, treasury decisions, and future features within the Monad ecosystem. Magma's LST $gMON is the 5th largest token on Monad, with over 2M holders. The platform also fosters community engagement through X Spaces and a Discord community.
Staking MON for $gMON
Access to governance and treasury decisions
Participation in the Monad ecosystem
Community engagement through X Spaces and Discord
Magma's LST $gMON is the 5th largest token on Monad
Potential risks associated with staking and DeFi participation
Navigating the Monad ecosystem and understanding $gMON utility