What is Magma Staked Monad
Magma is a DAO-owned Liquid Staking platform for Monad. gMONAD is a derivative of MONAD that is staked on Magma, allowing users to stake their MONAD tokens and retain their liquidity. gMONAD holders will be able to tap into the liquidity of their MONAD tokens, and use gMONAD for DeFi activities on Monad. gMONAD can be used as collateral across dAPPS within the Monad ecosystem to buy, sell, trade, lend and borrow.
Magma Staked Monad vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, GMONAD would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of GMONAD might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including GMONAD.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
