
MagmaDAO
114 Watchlists
DeFi
Status
What is MagmaDAO?
MagmaDAO is a DAO-owned liquid staking protocol built on the Monad blockchain, offering equitable token distribution through its Points Programs. It enables Monad token holders to earn staking rewards while maintaining liquidity. The platform also features the first Distributed Validator outside of Ethereum, enhancing network decentralization and reducing slashing risks. MagmaDAO uses service fees for insurance and development funds, governed by community decisions. Its ecosystem-wide Points program incentivizes community participation and supports the Monad ecosystem.
Trending Coins and Tokens 
- 470

Vanguard Digital Oil Reserve
1200
VDOR
$ 0.04018
16.7% - 846

Based
BASED
$ 0.05764
12.2% - 1164

Solv Protocol
SOLV
$ 0.003933
7.38% - 520

StakeStone
STO
$ 0.152
6.25% - 1827

R2
R2
$ 0.004518
4.64% - 1459

Portal
PTB
$ 0.0009811
9.73% - 860

Nomina
NOM
$ 0.004462
15.6%
