Sonofcomforts

@sonofcomforts

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7 Followers

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While most people are getting ready for just $MON airdrop... I'm eyeing the whole Monad ecosystem 👀 @monad_xyz has grown massively in just 3 months: - 300M+ wallets - 1.5B total transactions - 100s of Dapps on testnet - 627k "1 Million Nads" NFT holders The most interesting Defi sector on Monad for me is LSTs While there are many, @MagmaStaking stands out as the best one ▫️ Why Magma? I've been involved with Magma for over a year I still got the "Magma OG" & "Magma2024" role for completing the galxe task last year 😎 But that's not all Magma is one of the "core" protocols on Monad, along with the leading LST protocol Magma's $gMON enables MEV and is the first to implement DVT outside Ethereum ▫️ $gMON $gMON unlocks Monad ecosystem You can interact with 27+ protocols on monad with $gMON, including lending platforms and infrastructure It's also one of the top 6 token on Monad testnet Need i say more?

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Unique @monad-xyz testnet interactions in one thread: 1. Covenant Finance - Visit fluidtest.covenant.finance/?network=10143 and connect your wallet - Select one of the available markets (can use one of the many DEXs we have covered to get tokens if needed) - Use the token to mint Boost and Yield Coins - Hold the coins until maturity or swap 2. Monorail - Visit testnet-preview.monorail.xyz and connect your wallet - Swap tokens from MON to USDC or one of the 15,000+ other supported tokens

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GM streak = airdrop loot! Miss it and your wallet’s yeeted! 💰💥 #GM #GMonchain #Gmfarcaster https://x.com/gmonchains

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