# Points

## 🎯 Magma Points

Users are already earning Magma points for certain actions with our partners&#x20;

&#x20;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.&#x20;

#### Track your Points

Points are automatically calculated based on your onchain activity:

* Track your points here: <https://www.magmastaking.xyz/points>&#x20;
* 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/USDC liquidity on the following DEX's (4x Multiplier)
  * [PancakeSwap](https://pancakeswap.finance/liquidity/pool/monad/0xAe36994441E7e3f91dE163206708e7412FCe7765)
* Supply gMON/MON liquidity on any of the following DEX's (3x Multiplier)

  * [Kuru](https://www.kuru.io/), [Uniswap](https://app.uniswap.org/swap), [Monday Trade](https://monday.trade/), [PancakeSwap](https://pancakeswap.finance/), [Curve](https://www.curve.finance/), [Atlantis Dex](https://atlantisdex.xyz/en), [Bean Exchange](https://bean.exchange/)

#### Lending

* Lend your gMON on the following money market (3.5x Multiplier)
  * [Curvance](http://curvance.com/)
* Lend your gMON on any of the following money markets (3x Multiplier)
  * [Morpho](https://morpho.org/), [Euler](https://www.euler.finance/), [Folks Finance](https://folks.finance/), [Townsquare](https://www.townesquare.xyz/), [Neverland](https://app.neverland.money/markets)

#### Staking Vault

* Users can stake gMON into various kinds of vaults with any of our supported partners (1x Multiplier)
  * [Enjoyoors](https://enjoyoors.xyz/), [Atlantis](https://app.atlantisdex.xyz/earn), [Covenant Finance](https://covenant.finance/)&#x20;

#### Collateral

* Use gMON as collateral to mint stablecoin/ CDP (2x Multiplier)&#x20;
  * [Monata](https://app.monata.xyz/)

#### NFT Collaborations

* Holding a partner NFT alongside holding gMON in your wallet to unlock one of the following multipliers.&#x20;
* 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.)

| Partner               | Multiplier |
| --------------------- | ---------- |
| 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      |
