Magpie

<a href="https://galxe.com/magpiexyz/campaign/GCqZjUSzrW" rel="noopener noreferrer nofollow">Join our campaign</a> in collaboration with <a href="https://twitter.com/Helio_Money" rel="noopener noreferrer nofollow">Helio Protocol</a>! Users are required to deposit $50 into any HAY pool within Magpie to unlock the possibility of earning significant rewards. In addition, participants must allocate $10 of their vlMGP voting power to any HAY pool via the <a href="https://www.magpiexyz.io/bribe" rel="noopener noreferrer nofollow">Magpie bribery market</a>.As part of this unique initiative, we’re proudly offering a total prize pool of 2,000 $HAY. This will be evenly distributed among 40 lucky participants who successfully complete the designated tasks. Each fortunate winner will receive 50 HAY. Don’t delay — time is ticking, and this is an opportunity you won’t want to miss!How to Participate:<h2 id="header-0">Step 1: Acquiring MGP Tokens on BNB Chain</h2><img src="https://miro.medium.com/v2/resize:fit:1400/0*vKTz5Xb6s7LuyN-m" />The journey to participation starts with having MGP tokens in your wallet. If you do not already have MGP, it can be purchased on <a href="https://pancakeswap.finance/swap?outputCurrency&#61;0xD06716E1Ff2E492Cc5034c2E81805562dd3b45fa" rel="noopener noreferrer nofollow">PancakeSwap</a>. Users who already have MGP tokens, feel free to move onto the next step.<h2 id="header-1">Step 2: Lock MGP Tokens as vlMGP within Magpie</h2><img src="https://miro.medium.com/v2/resize:fit:1400/0*gTpgmy_zT2mtnZUT" />Once you have MGP tokens, the next step is to <a href="https://www.magpiexyz.io/stake" rel="noopener noreferrer nofollow">lock them as vlMGP</a> (Vote-Locked MGP). Locking your MGP tokens enables the conversion to vlMGP, which you will then use for voting on the Magpie bribery market.<h2 id="header-2">Step 3: Voting on a HAY Pool through the Magpie bribery market</h2><img src="https://miro.medium.com/v2/resize:fit:1400/0*dFlIm_OXfsS3OVRq" />Once your MGP are locked, it’s time to allocate your votes. <a href="https://www.magpiexyz.io/bribe" rel="noopener noreferrer nofollow">Vote on any HAY pool via the Magpie bribery market</a>, making sure to use at least $10 USD worth of your vlMGP tokens for your vote. Your vote is an essential part of participating in the campaign.<h2 id="header-3">Step 4: Deposit on a HAY on Magpie</h2><img src="https://miro.medium.com/v2/resize:fit:1400/0*RROMKf8imwpyjETY" />Besides voting, you will also need to <a href="https://www.magpiexyz.io/stake" rel="noopener noreferrer nofollow">deposit</a> a minimum of $50 USD worth of HAY tokens on Magpie. This deposit, combined with your vote, your participation in the campaign.<h2 id="header-4">Prize Eligibility</h2>After successfully completing the steps above, users will be able to <a href="https://galxe.com/magpiexyz/campaign/GCqZjUSzrW" rel="noopener noreferrer nofollow">mint an OAT on Galxe</a> to become eligible to win! The prize pool for this campaign is a sum of $2,000 USD, which will be split among 40 lucky winners. Each of these winners will receive 50 HAY.About Magpie XYZ: Magpie XYZ is a multi-chain platform built 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>

Join the Magpie and Helio Protocol Galxe Campaign for a chance to share in 2,000 $HAY

Table of Contents

Magpie XYZ

Other articles published on Aug 4, 2023

Binance Vs SEC News: BinanceUS Files Motion In Response To Earlier Deal With SEC

The Curve Finance Bailout and What it Means for the DeFi Platform

Despite ETF Developments, MicroStrategy’s Michael Saylor Remains Optimistic About Bitcoin Strategy

China’s Secret Crypto Resurgence Unveiled by Crypto Banter

Bitcoin Needs $98000 for Miner’s Sustainability in 2024

Shiba Inu (SHIB) Gets Green Light from Binance as Collateral Asset for Flexible Loans

Join our free newsletter for daily crypto updates!