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About Magpie

Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols. veTokenomics, introduced by Curve, is a tokenomics model in which users must lock the governance token to veToken (vote-escrowed token) for a fixed period of time to increase their voting power and claims on a protocol's governance token emissions. This helps the protocol to control the governance token inflation and distribute more governance tokens to long-term holders. However, veTokenomics still have room for improvement and many veTokenomics protocols face the following issues: - Limited user base - The requirement to buy & lock governance tokens prevents many risk-averse liquidity providers to participate. - Limited income for veToken holders - veToken holders can earn zero or limited passive income. - Expensive voting power - Voters must buy and lock governance tokens in order to gain voting rights. Magpie XYZ offers a solution that helps the veTokenomics protocols to solve the above issues. Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert into veTokens, boost yield for liquidity providers, and in return share part of protocol revenues derived from liquidity providers’ boosted profits back to governance token holders. Magpie XYZ helps veTokenomics protocols to: - Get a diverse user base - Risk-averse liquidity providers can get boosted yield without the need of holding veToken. - Increase income for veToken holders - veToken holders can share part of Magpie XYZ’s revenue. - Lower the voting bar - Magpie XYZ provides a cost-effective way to acquire voting rights on veTokenomics protocols by leveraging sufficient veToken balance Magpie XYZ accumulated. Magpie XYZ starts from the integration with Wombat Exchange, and will expand to more veTokenomics protocols like PancakeSwap. In the long term,

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7/16/2025, 2:07:23 PM

Trading Insights

Searched

9

Market Stats

Market Cap

£18.72M

3.02%

FDV

£39.08M

Circ. Supply

479M MGP

Max Supply

1B MGP

Total Supply

1B MGP

Diluted Valuation

£38.94M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

£38.66K

34.31%

Volume (7D)

£260.83K

Volume (30D)

£1.11M

All time high

£0.16

Price Change (1Y)

-58.96%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Additional details

Recent trends

The price of Magpie has increased by 0.44% in the last hour and increased by 3.43% in the past 24 hours. Magpie’s price has also risen by 7.25% in the past week. The current price is £0.0390 per MGP with a 24-hour trading volume of £38.66K. Currently, Magpie is valued at 75.04% below its all time high of £0.16. This all-time high was the highest price paid for Magpie since its launch.

The current circulating supply of Magpie is 479,035,838.316 MGP which means that Magpie has as total market cap of £18,722,550.00.

Market details

MGP vs markets

↘ 74.41%

MGP vs BTC

↘ 77.84%

MGP vs ETH

↘ 56.45%

Tags

binance-alpha

Network & Addresses

Network
Address

BNB Smart Chain

0xD06716E1Ff2E492Cc5034c2E81805562dd3b45fa

Arbitrum

0xa61F74247455A40b01b0559ff6274441FAfa22A3

Price history

Time
Price
Change
Today
£0.0390
↗ 3.43%
1 Day
£0.0377
↗ 3.43%
1 Week
£0.0358
↗ 7.25%
1 Month
£0.0397
↘ 3.41%
1 Year
£0.0978
↘ 58.96%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

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