Magpie

We are thrilled to announce that <a href="https://www.ankr.com/" rel="noopener noreferrer nofollow">Ankr</a>, the world leader in Web3 decentralized infrastructure has made a strategic investment in <a href="https://www.magpiexyz.io/" rel="noopener noreferrer nofollow">Magpie</a>.Magpie is a BNB Chain native yield boosting platform built on top of Wombat Exchange. Magpie allows <a href="https://coinmarketcap.com/dexscan/bsc/0xe68d05418a8d7969d9ca6761ad46f449629d928c" rel="noopener noreferrer nofollow">WOM</a> holders to earn high APR% by converting their tokens into mWOM. Stablecoins &amp; liquid BNB holders can deposit their assets on the protocol to earn <a href="https://www.magpiexyz.io/stake" rel="noopener noreferrer nofollow">boosted yield</a> in single-sided pools without locking any WOM. The platform also allows users to earn revenue and share governance voting benefits on Wombat through the <a href="https://coinmarketcap.com/currencies/magpie/" rel="noopener noreferrer nofollow">MGP</a> token. Working in the background, Ankr makes using dApps, wallets, and crypto games possible by connecting them to the blockchains they need to communicate with. Ankr built out BNB Chain’s core infrastructure including their Erigon upgrade, Archive Node upgrade, and the latest BNB Application Sidechain (BAS) scalability solution.Through this partnership we seek to support BNB Chain’s development moving forward, as the network is constantly evolving and we are committed to offer users around the world high capital efficiency while holding their assets. BNB Liquid Staking brings DeFi composability on top of staked BNB. Through Ankr users can stake their BNB to earn passive income and receive back <a href="https://www.ankr.com/bnb-liquid-staking/" rel="noopener noreferrer nofollow">liquid BNB</a> tokens with which they can earn extra rewards in DeFi protocols.Ankr’s <a href="https://coinmarketcap.com/currencies/ankr-reward-bearing-staked-bnb/" rel="noopener noreferrer nofollow">aBNBc</a> <a href="https://www.magpiexyz.io/stake" rel="noopener noreferrer nofollow">holders can deposit their assets on Magpie</a> to earn boosted yields while earning staking rewards with their staked BNB in Ankr at the same time.Earn ANKR: MGP holders can lock their tokens as Vote-Locked MGP on Magpie to share governance benefits and earn <a href="https://coinmarketcap.com/currencies/ankr/" rel="noopener noreferrer nofollow">ANKR</a> rewards.Vote-locked MGP holders will have the right to vote on Wombat Exchange governance to decide which Wombat pool gets WOM’s reward boost. When Magpie’s bribery market goes live, Ankr will potentially bribe Vote-Locked MGP holders to rent their voting power and vote to boost the WOM emission for the aBNBc pool on Wombat Exchange. This opportunity presents a new income source for vlMGP holders and higher rewards for aBNBc stakers at the same time.About Ankr: Ankr provides a management platform for cloud computing resources, building an ecosystem of resource demanders, resource providers, application developers, consumers, and more. Its team believes that cloud computing is the future, and instead of being monopolized by tech giants like Amazon AWS, Google Microsoft Azure and Alibaba Cloud, it should be affordable for everyone. Ankr is building a marketplace for container based cloud services using shared resources. Ankr will provide developers and enterprise clients with the ability to deploy 100&#43; types of blockchain nodes.About Magpie XYZ: Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols .Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert them into veTokens, boost yield for liquidity providers, and in return share part of the protocol revenues derived from liquidity providers’ boosted profits back to governance token holders.<a href="https://www.magpiexyz.io/" rel="noopener noreferrer nofollow">Website</a> / <a href="https://twitter.com/magpiexyz_io" rel="noopener noreferrer nofollow">Twitter</a> / <a href="https://discord.com/invite/magpiexyz" rel="noopener noreferrer nofollow">Discord</a> / <a href="https://t.me/magpiexyz_io" rel="noopener noreferrer nofollow">Telegram</a> / <a href="https://docs.magpiexyz.io/" rel="noopener noreferrer nofollow">Gitbook</a> / <a href="https://link3.to/magpiexyz" rel="noopener noreferrer nofollow">Link3</a> / <a href="https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-Magpie-v1.0.pdf" rel="noopener noreferrer nofollow">Peckshield Audit</a> / <a href="https://github.com/zokyo-security/audit-reports/blob/main/Magpie_Zokyo%20audit%20report.pdf" rel="noopener noreferrer nofollow">Zokyo Audit</a>

Ankr Makes a Strategic Investment in Magpie

Magpie XYZ

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