MagmaDAO raises $3.6M in a Seed funding round

#MagmaDAO secures $3.6M in a Seed funding round from Bloccelerate, Animoca Brands, CMS Holdings, Maelstrom, Builder Capital, Wise3 Ventures and others. Moreover, Magma will partner with Ether.fi to develop the first Restaking integration on #Monad .

MagmaDAO is a DAO-owned liquid staking protocol built on the Monad blockchain that provides fair token distribution through its Points Programs.

👉 cointelegraph.com/press-releases/magma-to-build-out-liquid-staking-on-monad-and-restaking-with-etherfi-following-39m-seed-fundraise