Magma Finance (MAGMA)

Magma Finance is a innovative AMM using incentive-alignment to keep the liquidity flowing hot and glowing bright on Mantle.

Whitepaper

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What is Magma Finance

Magma Finance aims to serve protocols and users with deep and efficient liquidity that facilitates the best swap rates with our flagship AMM (automatic market maker).

Our vision is to create the best possible experience for traders, liquidity providers, and protocol owners, balancing the needs of all groups. Inspired by the vote-escrow model of Solidly, veMAGMA holders will control and direct oMAGMA emissions allocated to liquidity pool gauges, while receiving the trading fees and bribes for votes.

This model rewards long-term supporters, and aligns stakeholders interests by incentivizing rewards to active pools that show user demand and generate fees.

MAGMA - the ERC-20 utility token of the Magma Finance protocol.