Magpie

Hello, Magpies! As we begin a new month and bid farewell to March, let’s reflect on our progress.Despite the fear, uncertainty, and doubt surrounding cryptocurrency, including concerns about bank collapses and stablecoins losing their peg, we are always committed to enhancing Magpie’s user-friendliness and delivering more benefits to our community. This was particularly evident as we closed out Q1 with a major announcement. Our goal is to develop a platform that meets the needs and expectations of our users while providing exceptional service to newcomers worldwide. We recognize that there are no limits to what we can achieve, and March was a perfect example of this. Let’s review some of our accomplishments.Platform:<ul><li>Deployed <a href="https://blog.magpiexyz.io/privacy-and-profit-boost-your-bob-holdings-with-magpie-70b9dd40fffe" rel="noopener noreferrer nofollow">BOB Pool</a></li><li>Magic Square <a href="https://twitter.com/magpiexyz_io/status/1632578486207406080" rel="noopener noreferrer nofollow">Partnership</a></li><li>Added Insurance buttom on Magpie</li><li>Added the bribe rewards last update time.</li><li>Added the countdown timer for the next vote casting.</li><li>Deployed <a href="https://blog.magpiexyz.io/boost-your-rewards-with-the-frxeth-liquidity-pool-on-magpie-985a0482fe64" rel="noopener noreferrer nofollow">frxETH Pool</a></li><li>Surpassed 12 million veWOM</li><li><a href="https://snapshot.org/#/magpiexyz.eth/proposal/0x116aa936c59b8227ebbbf87c7350b4f61c0b999253d8e688a13643eeafff969e" rel="noopener noreferrer nofollow">MIP #5 Implemented</a></li><li><a href="https://twitter.com/bsc_daily/status/1633479387298275334?s&#61;20" rel="noopener noreferrer nofollow">Selected by BSC Daily</a> as one of the top protocols for the last month (Feb)</li><li><a href="https://twitter.com/magpiexyz_io/status/1637911874338529285?s&#61;20" rel="noopener noreferrer nofollow">~$40,000</a> earnings from bribes</li><li>Optimized front-end data loading time by 70%</li><li>Updated <a href="https://defillama.com/yields?project&#61;magpie" rel="noopener noreferrer nofollow">yield board</a> on DeFiLlama</li><li><a href="https://blog.magpiexyz.io/magpie-is-ready-for-lift-off-mission-arbitrum-a6819d3942ff" rel="noopener noreferrer nofollow">Arbitrum launch announcement</a></li><li><a href="https://blog.magpiexyz.io/magpies-arbitrum-womboarding-event-is-live-12b991dc89a3" rel="noopener noreferrer nofollow">Launched Arbitrum WOMboarding Event</a></li><li><a href="https://blog.magpiexyz.io/the-magpie-womboarding-round-2-is-now-live-948c8d0b98ec" rel="noopener noreferrer nofollow">WOMboarding Round 2</a></li></ul>Socials:<ul><li>ETH Denver</li><li>PSTAKE AMA</li><li>Joined FARM XYZ Campaign</li><li>Puffverse social campaign</li><li>MIP #5 participation campaign</li></ul>March was an incredibly productive month for Magpie. We closed out Q1 in style, constantly developing our platform and deploying new pools while improving the overall user experience on our platform. In addition, we forged new partnerships and ran events with our colleagues, giving our communities the chance to win rewards for their support.We successfully implemented MIP #5 to bring even more value to MGP holders and liquidity providers on Magpie thanks to it. Furthermore, in just two months, vlMGP holders have shared ~$40,000 in bribes for participating in the Wombat Exchange voting gauge by voting through the Magpie bribery market. This passive income is 100% real yield by monetizing their voting power.We announced our deployment on Arbitrum together with Wombat Exchange, marking the beginning of our expansion and next development phase. We’re fully committed to realizing the fullest potential of Magpie to date, and to that end, we launched the Magpie Arbitrum WOMboarding event, which was a huge success, selling out in just 3 hours. In conclusion, we are thrilled to have established communication with the Arbitrum team and are excited about the opportunity to bring value, opportunities, and support to their promising ecosystem and users. We look forward to continuing our efforts to expand and improve Magpie, and to providing exceptional service to the Web3 community.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>

March Wrap Up!

Magpie XYZ

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