Magpie MGPPrice $ 0.00213

Magpie XYZ is a platform built on BNB Chain & Arbitrum to boost yields for liquidity providers and governance token holders of veTokenomics protocols. Magpie XYZ helps veTokenomics protocols to:

• Get a diverse user base - Risk-averse liquidity providers can get boosted yield without the need of holding veToken.

• Increase income for veToken holders - veToken holders can share part of Magpie XYZ’s revenue.

• Lower the voting bar - Magpie XYZ provides a cost-effective way to acquire voting rights on veTokenomics protocols by leveraging sufficient veToken balance Magpie XYZ accumulated.

Magpie XYZ starts from the integration with Wombat Exchange, and will expand to more veTokenomics protocols like PancakeSwap. Magpie XYZ users can directly convert their WOM token to mWOM. Once converted successfully, Magpie XYZ automatically locks these WOM tokens on Wombat Exchange in order to accumulate the maximum veWOM. The accumulated veWOM gives Magpie XYZ yield boost power on Wombat Exchange.