Deep Tide TechFlow news, on October 30, according to official news, the Monad ecological liquid staking protocol Magma announced the completion of a $3.9 million seed round financing, with participation from Bloccelerate, Animoca Ventures, CMS Holdings, Maelstrom, Veil VC, Builder Capital, Infinity Ventures, RockTree Capital, Wise3 Ventures, Stake Capital, and Relayer Capital. It is reported that Magma is building MEV-based liquid staking on Monad. In addition, Magma will cooperate with Ether.fi to establish the first re-staking integration on Monad.