Magma: The First 100% Buyback-and-Burn LST @MagmaStaking sets a new standard in DeFi LST by becoming the first liquid staking protocol to commit 100% of all staking fees to buybacks and burns. ➢ No fees are kept, no speculative treasury games → every reward earned goes directly to reducing token supply and aligning long-term value with the community. Other top protocols like Aave and Hyperliquid already use buybacks to build trust and boost price. ➢ Magma takes it even further: They burn everything. In contrast to projects with bloated treasuries or low-float, high-FDV launches, Magma’s model is rooted in sound economics: transparency, alignment, and sustainability. Every fee = buy → burn → supply down → holders win. _____________________________________________ Simple Model ↓ • No fee on your MON deposit • Magma takes a cut from staking rewards • Then uses 100% of that to buy back and burn → This reduces circulating supply, strengthens the token economy, and avoids treasury mismanagement. What Makes Magma Different ↓ • No middleman economics → every dollar earned flows back to the holders • Built-in deflation → supply drops as the protocol grows • Aligned from day one → designed to benefit users, not insiders • Built on Proof of Community → Magma’s buyback-and-burn model shows its long-term commitment _____________________________________________ What To Do Now ↓ • Stake your MON with Magma • Engage with Magma community on X and Discord • Read the full article to see how Magma is redefining LSTs on Monad