@sonofcomforts
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?