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Magma Protocol

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:

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Founded
2023 · 3y
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History

2023
Jan 1, 2023founded

Founded

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