Hang out with us today at the firepit for Episode 3 of Hot Spaces - A Magma Sitdown 🐲🔥
This time we are chatting with @Tallyxyz and @Balancer about the importance of community and how to stay engaged as a team.
See you in a few, right here on X
https://t.co/e06OqUroDw
Magma is excited to announce a $3.9M seed fundraise to build out MEV-powered Liquid Staking on @monad_xyz. For more than a year we’ve been native to the Monad ecosystem, building the community oriented liquid staking protocol.
Weekly Update – Talentum Week #3
1. TL;DR
- Partnering with @monad_xyz ecosystem projects
- Testing new ideas, features & hypotheses
- Users onboarding & education remaina top priority
2. Highlights
- Two projects on Monad reached out to us to use Talentum
- Our community praised as as super active and fun
Sui Mainnet traction
- Distributed $20k+ USDC in rewards for trading campaign - including $17K in USDC and 35 @lofitheyeti, 6 @LosDoonies, 12 @Claynosaurz, 30 @IKACHANPFP NFTs.
- Hit $5M+ trading volume
- 10K users grinding whitelists on @goNativeCC
- 450+ users participate in @zen_frogs campaign creating art and writing lore for the Zen Multiverse
3. Lowlights
- Launch pipeline growing faster than onboarding speed
- Clients love us — but want more features than require more time and efforts for development.
- Summer laziness hitting the community (and us)
4. Core Metrics
- Talents: 1.05M (+6.2k)
- DAU: 25k (↓16k)
- MAU: 245k (↓18k)
- IDs Minted: 54,960 (+1,398)
- TED holders: 110.5k (+4k)
- MON burned: 11,766 (↓1.8k)
5. This Week’s Focus
- Improve DAU + retention
- Upgrade IDs + credentials infra
6. Asks
- Got ideas for giving more utilities for on-chain credentials? DMs open.
Check out our next Hot Space: A Magma Sitdown this Friday 🐉🎙️🐉
We are talking with @RareBetSports and @Figment_io about "Crypto during Summer".
Hit that reminder and we will see you there!
https://t.co/OSlqULpjli
This week Magma’s Hot Space will be going live 🐲🧡
We invite all DragoNads to join us with @Curvance and @Alchemy this Friday at 6 pm UTC/8pm RIGHT HERE!
Save the Date DragoNads 🔥
https://t.co/ZDFVocyVnK
Why Everyone’s Using HaHa Wallet for Monad Testnet (And You Should Too) 😉
https://t.co/yjApVZqTvT
(uh there may be alpha in this article idk dont read please i am legally forced to publish this) - intern
DragoNads 🐉,
We are officially announcing the start of a monthly X space in the cave called
“Hot Space - A Magma Sitdown”
Gather round with @yakkiba and @jerryppb whilst they yap with @monad_xyz ecosystem partners about Monad, Web3 and anything else.
Keep an eye out for the first one ⏲️
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Question and get 1,000 gems for Spur protocol AMA💎🎁
Share your questions in the reply section for the upcoming AMA on April 11.
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