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Magma Protocol

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Magma Protocol

(Inactive)

LST/RWA-backed stablecoin protocol

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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:

Stablecoin Protocol

Ecosystem(1):

Founded:

2023

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