Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols. veTokenomics, introduced by Curve, is a tokenomics model in which users must lock the governance token to veToken (vote-escrowed token) for a fixed period of time to increase their voting power and claims on a protocol's governance token emissions. This helps the protocol to control the governance token inflation and distribute more governance tokens to long-term holders. However, veTokenomics still have room for improvement and many veTokenomics protocols face the following issues: - Limited user base - The requirement to buy & lock governance tokens prevents many risk-averse liquidity providers to participate. - Limited income for veToken holders - veToken holders can earn zero or limited passive income. - Expensive voting power - Voters must buy and lock governance tokens in order to gain voting rights. Magpie XYZ offers a solution that helps the veTokenomics protocols to solve the above issues. Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert into veTokens, boost yield for liquidity providers, and in return share part of protocol revenues derived from liquidity providers’ boosted profits back to governance token holders. 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. In the long term,
Magpie is ranked #948 by market capitalization. Currently the MGP market cap exceeds 190.04M+ Japanese Yen. By market capitalization it is ranked #948. Daily trade volume is 785,901 CNY.
The Magpie price today in CNY is 0.50296. Through the Magpie price history, the price ranges from 0.904376 CNY (all time high) to 0.053747 CNY (all time low). Magpie price last 24 hours fluctuated from 0.509046 CNY (24h high) to 0.484367 CNY (24h low).
Check the Magpie value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.magpiexyz.io/
Block explorers: https://bscscan.com/token/0xD06716E1Ff2E492Cc5034c2E81805562dd3b45fa https://arbiscan.io/token/0xa61f74247455a40b01b0559ff6274441fafa22a3 https://binplorer.com/address/0xd06716e1ff2e492cc5034c2e81805562dd3b45fa
Forums:
Twitter: https://twitter.com/magpiexyz_io/
Magpie live price may differ in various exchanges. Check MGP real-time data to make informed decisions.
You can buy Magpie on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell MGP at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Magpie trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Magpie and trade with REVENUEBOT in less than a second.
In short, only if the current value of Magpie will be less than the value of Magpie at the moment of selling in the future. The Magpie chart can only assist the Magpie value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Magpie value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the MGP supply. Check the Magpie live chart to see the current supply and predict how long it will take for the coins to run out. The total supply of Magpie is 1000000000 MGP, while MGP circulation supply now is 378443644.67 MGP.
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