Points
🎯 Magma Points
Users are already earning Magma points for certain actions with our partners
Putting your $gMON to work by simply staking or using it in DeFi with certain partners, will earn you points. Points recognize early adopters and active contributors, creating long-term alignment between Magma and its users.
Track your Points
Points are automatically calculated based on your onchain activity:
Track your points here: https://www.magmastaking.xyz/points
You can view all the DeFi opportunities that we are incentivizing and other opportunities on our DeFi page: https://www.magmastaking.xyz/defi
Note- some markets might not be available immediately, so keep up to date on our DeFi page
How to Earn Points
Stake gMON
Earn points continuously while your MON remains staked for gMON. The longer you stake, the more points you accumulate. (1x Multiplier)
Holding gMON
It's that simple: hold gMON in your wallet to earn points! (1x Multiplier)
Liquidity Provisioning
Supply gMON/MON liquidity on any of the following DEX's (3x Multiplier)
Lending
Lend your gMON on any of the following money markets (3x Multiplier)
Staking Vault
Users can stake gMON into various kinds of vaults with any of our supported partners (1x Multiplier)
Collateral
Use gMON as collateral to mint stablecoin/ CDP (2x Multiplier)
NFT Collaborations
Holding a partner NFT alongside holding gMON in your wallet to unlock one of the following multipliers.
Some NFTs might not be available on Mainnet yet, but once they become available, the following boosts will be offered
(Note: Multipliers do not stack; if you hold multiple NFTs, only the highest one will apply.)
Magma (SCALE)
1.35x
Magma (ROARRR)
1.2x
Poply
1.1x
The 10k Squad
1.15x
Lil Starrrs
1.1x
Fluffle (Battle Pass)
1.05x
Lucky Monkeys
1.05x
Chog
1.1x
Mongang
1.05x
Purple Frens
1.05x
Molandak
1.1x
Llamao
1.05x
Mortal
1.1x
SLMND
1.05x
Monadverse
1.05x
Rebels
1.05x
Monad Nomads
1.05x
Owls Monad
1.05x
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