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ALGO
1 mALGO = 0 ALGO
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mALGO
  • Transaction Fee
    0.004 ALGO
Messina Liquid Staking Benefits
Interest-Bearing Asset
Stake as little as 10 ALGOs and receive the mALGO liquid staking token which accrues Algorand Governance Rewards over time leading to an increasing exchange rate.
Liquidity
Unstake mALGO at any time without waiting for the governance period to end and receive ALGO at the prevailing exchange rate to the ALGO Liquid Governance pool.
Convenience
Locked ALGOs are automatically restaked every governance period so users do not have to do anything.
Tax Friendly
mALGO accumulates Governance Rewards so no immediate tax event should be triggered. A taxable event may happen when you unstake.
Voting
Holders of mALGO will be able to vote in Algorand Governance. A Snapshot will be taken quarterly to determine eligible voters who will be able to vote via the Messina website.
Non-custodial
Open source smart contracts ensure funds are never in the custody of Messina.one or any other party ensuring a decentralized ecosystem that keeps your ALGOs safe.
Utility In Defi
Put your mALGO tokens to work across DeFi to compound your Algorand Governance Rewards and earn more yield.
Frequently Asked Questions