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To stay positioned on Monad airdrop, I loop $gMON on @MagmaStaking $gMON is the LST powered by Magma - Liquid Staking on Monad Hereโs how to loop $gMON: 1. Stake your $MON to receive $gMON tokens 2. Deposit $gMON as collateral to borrow additional $MON 3. Use the borrowed $MON to stake again and earn more $gMON 4. Continue the process to increase your staking yield 5. End it by providing liquidity with $MON and $gMON on a chosen DEX. This keeps liquidity within the Monad ecosystem. Loop via: https://t.co/msaWZpHadh Magma is launching the "A Magma Sitdown" series, featuring guests @Curvance and @Alchemy! Keep an eye on their updates by following them!
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Tokens are manipulated But tech isnโt The real value lies in the bidder Hyperliquid
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DeFi mindshare is at an all-time high but lending still has to deal with fragmented liquidity and complex UX. This is why @0xSoulProtocol is pioneering a new primitive that aggregates collateral across chains and protocols. Basically allowing us to use all the top protocols we use and love as one. 260K+ users already tested their app. SO Public Sale goes live this week. A thread ๐งต
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