🌋 MAGMA Protocol

Narrative Capital Markets on Solana

Submit a thesis. AI builds your kit. Mint on-chain. Community backs with SOL. Best narratives earn.

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What is MAGMA?

MAGMA is the first narrative capital markets protocol on Solana. Ideas have always driven crypto prices — now they have a market.

1. Submit a thesis (text or voice input)
2. AI Pipeline — 7 Claude agents generate a full narrative kit (article, hooks, imagery brief, distribution plan) in ~55 seconds
3. Mint — kit uploaded to IPFS, Metaplex cNFT minted on Solana (0.001 SOL)
4. Back — community stakes SOL on narratives they believe in
5. Score — Pyth-validated oracle scores each narrative over 7 days
6. Earn — top narratives graduate; creators + backers earn SOL yield boosted by Meteora + Kamino DeFi treasury

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Tech Stack

Layer	Technology
Smart Contracts	Anchor 0.30 · Rust · Solana
Token	SPL Token-2022 + TransferHook
NFT	Metaplex Bubblegum cNFT
DeFi	Meteora DLMM · Kamino · Jupiter · Orca
Oracle	Pyth Network (SOL/USD · Entropy)
Mobile	React Native · Expo SDK 55 · MWA
Backend	Node.js 20 · Fastify · Supabase · Redis
AI	Anthropic Claude Sonnet 4 · Haiku 4-5
Storage	IPFS via Pinata
Search	Tavily · Pinecone

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Repository Structure

magma-protocol/
├── android/                  # Android build output
├── src/
│   ├── screens/              # React Native screens
│   │   ├── FeedScreen.tsx    # Narrative feed + filtering
│   │   ├── LaunchScreen.tsx  # Thesis input + AI pipeline
│   │   ├── DeFiScreen.tsx    # Treasury yield + Jupiter swap
│   │   ├── PortfolioScreen.tsx
│   │   └── ProfileScreen.tsx
│   ├── components/           # Shared components
│   ├── hooks/                # usePythPriceFeed, useMagmaTransactions
│   ├── stores/               # Zustand state
│   └── types/                # TypeScript types
├── programs/                 # Anchor smart contracts (Rust)
│   ├── magma_token/          # SPL Token-2022 mint
│   ├── magma_registry/       # Narrative NFT registry
│   ├── magma_score/          # Pyth-validated scoring oracle
│   └── magma_vault/          # DeFi treasury + staking
├── shims/                    # React Native polyfills
├── backend/                  # Node.js API (separate repo)
├── docs/
│   ├── magma_tech_spec.md
│   ├── magma_dev_plan.md
│   └── magma_strategy.md
├── App.tsx
├── index.ts
├── metro.config.js
├── babel.config.js
└── app.json

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Smart Contracts

magma_token — SPL Token-2022

• 1B $MAGMA supply with TransferHook extension
• Staking side effects on transfer
• Freeze authority revoked post-TGE

magma_registry — Narrative NFT Program

• register_narrative() — submit thesis + IPFS CID, mint cNFT
• cast_vote() — community voting with PDA per voter
• update_status() — oracle-triggered graduation/slash

magma_score — Pyth Oracle Program

• write_score() — composite score (originality + community + novelty + clarity + timeliness + potential)
• Pyth SOL/USD freshness validation (30s max staleness)
• Graduation threshold: ≥60 · Slash threshold: ≤30

magma_vault — DeFi Treasury

• stake_on_narrative() — SOL staking with 7-day window
• unstake() — principal + yield return
• credit_yield() — 2% protocol fee on DeFi yield
• Integrations: Meteora DLMM · Kamino Whirlpool · Save Finance

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Getting Started

Prerequisites

• Node.js 20+
• Expo CLI
• Android Studio + emulator (API 33+)
• Rust + Anchor CLI (for smart contract development)
• Solana CLI

Mobile App

git clone https://github.com/YOURUSERNAME/magma-protocol.git
cd magma-protocol
npm install
npx expo start --tunnel

Backend

cd magma-backend
npm install
# Configure .env (see .env.example)
npm run dev

Smart Contracts (Devnet)

cd programs
anchor build
anchor deploy --provider.cluster devnet

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AI Agent Pipeline

Agent	Role	Model
S-00	Solana Context Check	Haiku 4-5
S-01	Thesis Architect	Sonnet 4
S-02	Hook Engineer	Sonnet 4
S-03	Article Writer	Sonnet 4
S-04	Imagery Brief	Haiku 4-5
S-05	Distribution Planner	Haiku 4-5
S-06	Score Predictor	Sonnet 4
S-07	Fact Checker	Sonnet 4 + Tavily

Total pipeline: ~55 seconds · Target: <3% hallucination rate

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Payout Distribution

On cycle close (7 days):
  Creator        60% of narrative payout
  Backers        30% (pro-rata × early multiplier)
  $MAGMA stakers 10%

Early backer bonus: 1.5× multiplier (first 48h)
DeFi yield: Meteora DLMM + Kamino auto-compound

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Hackathon

Built for Monolith — Solana Mobile Hackathon · March 2026

• ✅ Android APK (side-loadable)
• ✅ Solana Mobile Wallet Adapter
• ✅ Devnet smart contracts
• ✅ Full AI pipeline
• ✅ DeFi treasury architecture

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Roadmap

Phase	Timeline	Milestone
Phase 1	Month 1–2	Devnet programs + AI pipeline + 25 alpha wallets
Phase 2	Month 3–4	DeFi treasury live + 250 beta wallets + first SOL payout
Phase 3	Month 5–6	Jupiter + Orca + security audit + first graduation
Phase 4	Month 7–8	Mainnet launch + dApp Store + Vibestarter raise

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License

MIT

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MAGMA Protocol · Narrative Capital Markets · Built on Solana · March 2026