Loop, earn, repeat ♻️ in @monad_xyz
Magma lets you stake $MON and unlock $gMON
Liquid staking that works across 27+ Monad protocols.
Here’s how the loop works:
1️⃣ Stake $MON → get $gMON
2️⃣ Use $gMON as collateral
3️⃣ Borrow more $MON
4️⃣ Re-stake & repeat
5️⃣ End the Loop: LP $MON and $gMON on one of their DEXes
This loop by @MagmaStaking is maximizing chances for a possible Monad airdrop.
Start looping: