Magma

Magma

DAO-Driven Liquid Staking Protocol

About Magma

Founded

2023

Community

Magma is a Liquid Staking Protocol on Monad, developed by Hydrogen Labs. It emphasizes equitable token distribution via airdrops, community-driven decisions, self-funded protocol development, and management autonomy.

Investors

CMS HoldingsCMS Holdings
Animoca BrandsAnimoca Brands
Maelstrom CapitalMaelstrom Capital
IVCIVC
Builder CapitalBuilder Capital
Stake CapitalStake Capital
BloccelerateBloccelerate
RockTree CapitalRockTree Capital
Wise3 VenturesWise3 Ventures
Relayer CapitalRelayer Capital
Veil VCVeil VC
Meltem DemirorsMeltem Demirors
Kartik TalwarKartik Talwar
Mike SilagadzeMike Silagadze
Alan CurtisAlan Curtis
Ben LakoffBen Lakoff

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Seed
$3.90M
--
2024-10-29
CMS HoldingsCMS Holdings
Animoca BrandsAnimoca Brands
+ 14