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Project Overview
Magma Finance is a decentralized trading and liquidity hub leveraging the ve(3,3) model to create a sustainable and efficient liquidity ecosystem. It operates as a next-generation AMM DEX (Automated Market Maker Decentralized Exchange) designed for MOVE-based blockchains, with a focus on Mantle and Sui networks. Magma aims to provide efficient liquidity management, sustainable incentives, and innovative DeFi solutions, including DAO-owned liquid staking on Monad, allowing users to stake tokens and receive liquid staked assets while maintaining network participation and liquidity.
Guide
- Visit the Magma Finance platform (testnet or mainnet, depending on availability).
- Connect your wallet (compatible with Monad, Sui, or Mantle networks).
- Stake MON tokens (testnet or mainnet) via the Magma protocol to receive liquid staked tokens (gMON).
- Participate in liquidity provision or trading activities on the DEX to earn additional points.
- Refer friends using your unique referral link to earn referral bonuses.
- Track your points on the platform dashboard. These points are likely to determine your eligibility and allocation in any future airdrop or token distribution.
- Stay updated via official channels for announcements regarding the airdrop snapshot and distribution.
Maximize Potential
To maximize airdrop earnings, stake as many MON tokens as possible, participate actively in liquidity provision and trading, and use the referral program to invite friends. Engage early and consistently to accumulate more points, which are likely to influence the airdrop allocation[5].
