I’ve long been a fan of the token buyback model. When done right, it transforms a protocol’s revenue engine into a true value economy. We saw it with Hyperliquid. Now, @MagmaStaking is rewriting the rules of liquid staking on Monad. Magma continues to build momentum with key advancements in tech and community: • Delivering High-throughput DVT • Unifying the DraogoNad community around the Magma ROARRR NFT collection on Magic Eden • Pioneering Next generational MEV Now, it’s taking a bold new step: Magma becomes the first LST protocol to commit 100% of staking fees to buybacks and burns. No treasury hoarding. No middlemen. Just direct, verifiable value returned to the community. Why it matters: Community-first design: Magma delivers real value to holders through an on-chain, transparent buyback model—no treasury ambiguity. Proven model: Buybacks have worked for Aave, MakerDAO, and Hyperliquid. Magma could be Monad’s version of that success. Sustainable economics: No low-float, high-FDV game. We are optimizing for the long-term, community-aligned token design. How it works: • No fees on deposits • A small fee on staking rewards • 100% of net fees go to buybacks and burns This reduces circulating supply and aligns the protocol entirely with its stakers. What makes Magma different? • No protocol fee drain • A proven, community-first flywheel • Transparent, trustless economics from day one What’s next? Stake $MON with Magma today and be part of the first LST protocol on Monad to commit all staking fees to buyback and burn. This isn’t just a tokenomics tweak, it’s a shift in how protocols value their communities. Magma is setting a new benchmark for sustainable DeFi on Monad. And it’s just getting started.