Magma Protocol

Project

LST/RWA-backed stablecoin protocol

RWALSDStablecoin Protocol

About

Magma is a new DeFi primitive that enables users to mint a stablecoin, WEN. Fully collateralized by liquid staking tokens (LSTs) and real world assets (RWAs), WEN opens DeFi doors for projects and users alike through providing a native stable asset for the ecosystem. Tags: DeFi RWA LSD Stablecoin Protocol Ecosystem(): IoTeX Founded:

Social Signals

Hot—0/100

Founded

2023 · 3y

Trust ScoreCalculating…