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![0xSalazar Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1481619338599841792.png) 🐍Salazar.eth 🦇🔊 [@0xSalazar](/creator/twitter/0xSalazar) on x 68.8K followers
Created: 2025-05-21 11:03:01 UTC

To stay positioned on Monad airdrop, I loop $gMON on @MagmaStaking

$gMON is the LST powered by Magma - Liquid Staking on Monad

Here’s how to loop  $gMON:

X. Stake your $MON to receive $gMON tokens

X. Deposit $gMON as collateral to borrow additional $MON

X. Use the borrowed $MON to stake again and earn more $gMON

X. Continue the process to increase your staking yield

X. End it by providing liquidity with $MON and $gMON on a chosen DEX.

This keeps liquidity within the Monad ecosystem.

Loop via: 

Magma is launching the "A Magma Sitdown" series, featuring guests @Curvance and @Alchemy! Keep an eye on their updates by following them!


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1925145298323791973/c:line.svg)

**Related Topics**
[mon](/topic/mon)
[staking](/topic/staking)
[liquid](/topic/liquid)
[$gmon](/topic/$gmon)
[loop](/topic/loop)
[monad](/topic/monad)
[$mon](/topic/$mon)
[coins gaming](/topic/coins-gaming)

[Post Link](https://x.com/0xSalazar/status/1925145298323791973)