Roadmap

Magma will be launched in two phases:

Phase I

In phase I, Magma will launch the following features:

• Liquid Staking (Delegated)

• Magma Points

• Governance

The first phase of launch involves implementing a delegated liquid staking model similar to Lido. A number of validators will be whitelisted to participate, and tokens will be staked among them. The Magma Points program will be initiated at the launch, along with governance.

Phase II

In phase II, Magma will launch the following features:

• Liquid Staking (DVT)

• DVT

The second phase of the launch completes the DVT implementation. At this point, Monad distributed validators will be launched, and an application will be made to Monad governance to become whitelisted validators of the blockchain. Once a sufficient number of Magma DVTs are whitelisted and validating Monad, staked tokens will be undelegated from Phase I validators and redelegated to Magma DVT validators. This transition will provide users with increased safety and decentralization.