Magpie

We are excited to announce that <a href="https://helio.money/" rel="noopener noreferrer nofollow">Helio Protocol</a>, the innovative destablecoin platform powered by BNB 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. Helio Protocol is an open-source liquidity protocol for borrowing and earning yield on HAY. $<a href="https://medium.com/helio-money/re-introducing-hay-a-destablecoin-powered-by-bnb-2495717b3f21" rel="noopener noreferrer nofollow">HAY</a> is a non-custodial and over-collateralized destablecoin that is backed by liquid-staked $BNB. To borrow or obtain $HAY, users will have to provide $BNB in the form of collateral by interacting with Helio Protocol.Magpie offers $HAY holders the opportunity to deposit their tokens on a <a href="https://www.magpiexyz.io/stake" rel="noopener noreferrer nofollow">boosted single-sided pool</a> to earn high APR. User can also access Magpie’s #Boosted HAY pool through <a href="https://helio.money/app/earn" rel="noopener noreferrer nofollow">Helio Protocol</a>.<img src="https://miro.medium.com/max/1400/0*pIasPAWa7Z7Vf-ze" />Approve and Deposit your $HAY to earn boosted APR % on Magpie’s Side Pool.<img src="https://miro.medium.com/max/1400/0*yt3dTt5dwgN4XaGQ" />Helio Protocol × Magpie GiveawayDeposit HAY on Magpie for a chance to share 2,000 $HAY.<a href="https://galxe.com/magpiexyz/campaign/GCkdkUwaAR" rel="noopener noreferrer nofollow">https://galxe.com/magpiexyz/campaign/GCkdkUwaAR</a>100 Lucky winners will get 20 $HAY each. The more HAY you stake, higher are your chances of winning!Rules:<ul><li>Deposit a minimum of 10 HAY for a chance to win.</li><li>Deposit 50 HAY or more for a better chance of winning.</li><li>Deposit 200 HAY or more for the highest chance of winning.</li><li>Do not withdraw until campaign ends 2022/12/06 01:00 GMT-04:00</li></ul>About Helio Protocol: Helio Protocol is an open-source liquidity protocol for borrowing and earning yield on HAY, a new destablecoin powered by BNB. The protocol aims to position HAY as the pioneering and leading destablecoin protocol on the BNB chain, offering sustainable, real-yield which is resilient against market sentiment to users. The platform seeks to disrupt the stablecoin industry by providing a product that achieves capital efficiency, decentralization and safety at the same time.<img src="https://miro.medium.com/max/1400/0*gmb8yS_JqNjZFhSM" />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>

Helio Protocol Makes a Strategic Investment in Magpie

Magpie XYZ

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