Magpie

What is capital efficiency?Capital efficiency is the ratio that compares the spending of a company on their growing revenue and how much profit they are receiving in return. This can also be explained as the ROCE. Return on capital employed (ROCE) refers to a financial ratio that can be used to assess a company’s profitability and capital efficiency.The Cryptocurrency market offers users different platforms to deposit their assets and get benefits. Through time, there have been various ways in which users can earn passive income and own governance rights. Capital Efficiency refers to how efficiently users can earn revenue or benefits with their holdings. Magpie brings BNB Chain users the opportunity to increase their capital efficiency.How does Magpie offer users capital efficiency?Magpie allows liquidity providers to earn higher returns with their assets in a flexible way, increasing the efficiency of their capital. Magpie offers WOM holders the opportunity to earn high APR % and Wombat Exchange voters can acquire increased governance power through Magpie’s governance token. Basically the platform allows users to get the most out of their investments.How can you benefit from it?<ul><li>For Liquidity Providers</li></ul>Wombat Exchange is a scalable, low slippage, and single-sided staking stableswap. WOM is Wombat’s governance token. Users can earn WOM rewards by participating as liquidity providers. Liquidity providers must lock WOM tokens in order to earn higher APR % on the platform.Magpie offers liquidity providers the opportunity to earn higher yields without the need to buy and lock WOM tokens. Users can focus on earning boosted rewards without allocating part of their funds to buy WOM, increasing the efficiency of their investment.<ul><li>For $WOM holders</li></ul>WOM holders that are not interested in participating in Wombat’s governance and want to earn high APR % with their tokens, can convert their WOM into mWOM to earn MGP tokens and revenue share from Magpie, increasing their capital efficiency. Users can also stake mWOM on Wombat Exchange to earn MGP rewards.<ul><li>For Wombat Exchange voters</li></ul>Wombat offers users the chance to participate in the protocol’s governance by buying and locking WOM tokens as veWOM, for different periods of time. Longer lock up time means more governance benefits, but locking WOM alone won’t earn users any rewards unless they are also providing liquidity at the same time.Magpie offers users the opportunity to buy voting power on Wombat Exchange cost-effectively through the MGP token while earning passive income at the same time. Users can buy MGP, and lock it up on Magpie to earn high rewards and control more voting power on Wombat with the same investment amount and shorter lock up period, increasing the efficiency of their capital.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>

Increasing Capital Efficiency on BNB Chain

Magpie XYZ

Other articles published on Dec 10, 2022

Censorship, Free Speech, and #BChatForHumanRights

Crypto industry events of the week. Find out the most important news in Crypto Digest

90s MP3 Player Returns with a Push into Blockchain Music Scene

New Shido Wallet V1.4 is here!

GetEver.io — the EVER gateway for newcomers! An elegant way to acquire EVER via the Invisible B...

SPAC and Crypto’s Loveless Marriage was Destined to Fail

Join our free newsletter for daily crypto updates!