Magpie

<p>Welcome back to our Monthly Wrap Up, where we look at all the incredible things that have happened in October within the <strong><a href="https://www.magpiexyz.io/" rel="noopener noreferrer nofollow">Magpie Ecosystem</a></strong>. Our team has relentlessly worked to elevate our existing services while pioneering transformative features. With a deep-rooted commitment to excellence, we aspire to present you with a DeFi experience that’s second to none. Rest assured, we’ve left no stone unturned in perfecting every detail, ensuring your engagements with us are consistently outstanding. October has been quite eventful, and if you haven’t been keeping track, don’t worry! We’ve got you covered.</p><p><strong>Having reached the milestone of our inaugural year on Mainnet, our journey has been marked by significant strides in enhancing our suite of product offerings.</strong> This has primarily been achieved through the strategic evolution and expansion of Magpie. Our relentless dedication and pioneering innovations have not gone unnoticed. As a testament to our hard work, we have been selected as a part of the BNB Chain’s October Gas Grant Program. Additionally, the second installment of the vlMGP Monthly Rewards has been successfully distributed, allowing locked MGP holders to earn revenue from our SubDAO Treasury. A significant indicator of our success and the community’s trust in our platform is that the Magpie Ecosystem’s TVL has crossed the 90 million mark. We are deeply grateful for the continued support and faith from our community, and we envision to keep pushing boundaries for a brighter future.</p><p>Without further delay, let’s explore the key accomplishments of the Magpie Eco in October:</p><h2 id="header-0">Platform</h2><ul><li><a href="https://twitter.com/magpiexyz_io/status/1714221013045547299" rel="noopener noreferrer nofollow">Selected for BNB Chain’s October Gas Grant Program</a></li><li><a href="https://twitter.com/magpiexyz_io/status/1708890747951362423" rel="noopener noreferrer nofollow">2nd vlMGP Monthly rewards distributed</a></li><li><a href="https://twitter.com/magpiexyz_io/status/1716917961632690227" rel="noopener noreferrer nofollow">Magpie’s vlMGP pool crosses 2M in TVL</a></li><li><a href="https://twitter.com/magpiexyz_io/status/1716470858607169804" rel="noopener noreferrer nofollow">The Magpie Ecosystem has crossed $80M in TVL</a></li><li><a href="https://twitter.com/magpiexyz_io/status/1719561629887529317" rel="noopener noreferrer nofollow">90M in TVL surpassed by the Magpie Ecosystem</a></li></ul><h2 id="header-1">Socials</h2><ul><li><a href="https://twitter.com/magpiexyz_io/status/1712047943061066075" rel="noopener noreferrer nofollow">AMA with Horizon Protocol</a></li><li><a href="https://twitter.com/magpiexyz_io/status/1717748374194069660" rel="noopener noreferrer nofollow">1st Year Celebration</a></li></ul><h2 id="header-2">SubDAOs</h2><h3 id="a-href-https-blog-penpiexyz-io-penpies-october-wrap-up-302652ce715b-rel-noopener-noreferrer-nofollow-penpie-a"><a href="https://blog.penpiexyz.io/penpies-october-wrap-up-302652ce715b" rel="noopener noreferrer nofollow">Penpie</a></h3><ul><li><a href="https://twitter.com/Penpiexyz_io/status/1709343867365970323" rel="noopener noreferrer nofollow">Penpie completed integration with Stella</a></li><li><a href="https://twitter.com/Penpiexyz_io/status/1712861196364235237" rel="noopener noreferrer nofollow">PENDLE RUSH 5 Completed</a></li><li><a href="https://twitter.com/Penpiexyz_io/status/1717285310629847350" rel="noopener noreferrer nofollow">Penpie’s Lucky Convert Wheel launched</a></li></ul><h3 id="a-href-https-blog-radpiexyz-io-radpies-october-wrap-up-dabaef07f37a-rel-noopener-noreferrer-nofollow-radpie-a"><a href="https://blog.radpiexyz.io/radpies-october-wrap-up-dabaef07f37a" rel="noopener noreferrer nofollow">Radpie</a></h3><ul><li><a href="https://twitter.com/Radpiexyz_io/status/1709217831999459393" rel="noopener noreferrer nofollow">&#43;5M TVL</a></li><li><a href="https://twitter.com/Radpiexyz_io/status/1709606174595694970" rel="noopener noreferrer nofollow">AMA with Radiant Capital</a></li><li><a href="https://twitter.com/Radpiexyz_io/status/1712469049186415004" rel="noopener noreferrer nofollow">$esRDNT launched</a></li></ul><p>Reflecting upon the advancements in the Magpie Ecosystem this October, it’s evident that our successes are not merely a result of our team’s dedication, but also due to the deep trust and active engagement of our esteemed users. The significant milestones reached this month emphasize the profound synergy between our technological progress and the community’s active participation. <strong>As we move into November, we remain steadfast in our commitment to continually enhance the Magpie experience, discern market dynamics, and respond to the evolving needs of our users.</strong> We are grateful for your support, invaluable feedback, and for being the bedrock of the Magpie Ecosystem.</p><p><strong>About Magpie XYZ:</strong> 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.</p><p><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></p>

Magpie’s October Wrap Up

Table of Contents

Magpie XYZ

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