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![wyckoffweb Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1547302457432236035.png) wyck 📴 [@wyckoffweb](/creator/twitter/wyckoffweb) on x 231.2K followers
Created: 2025-07-23 15:32:50 UTC

Monad has built a reputation for being deeply aligned with its community.

Now @MagmaStaking, a liquid staking protocol on @monad_xyz is taking that alignment even further.

They’re setting themselves apart from most staking projects with one bold move:

• XXX% of all protocol fees will be used to buy back and burn the Magma token.

Why this matters:
• Buyback-and-burn reduces token supply
• Lower supply = more scarcity
• If demand holds, this creates upward pressure on price

Magma is now the first LST to commit to a full buyback-and-burn of all net staking fees.

This is about real alignment with the community, and that’s rare in DeFi.

![](https://pbs.twimg.com/media/GwjXXD0WoAAYRwp.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948043636572295559/c:line.svg)

**Related Topics**
[token](/topic/token)
[bold](/topic/bold)
[monadxyz](/topic/monadxyz)
[protocol](/topic/protocol)
[staking](/topic/staking)
[liquid](/topic/liquid)
[monad](/topic/monad)

[Post Link](https://x.com/wyckoffweb/status/1948043636572295559)