Magpie XYZ
Magpie XYZ

Magpie Maximizing Benefits

Understanding Magpie

What is Magpie?

Magpie is a Multi-chain DeFi platform providing Yield & veTokenomics boosting services and it has been built on top of Wombat Exchange.

How does Magpie support Wombat Exchange?

Wombat Exchange offers users the opportunity to lock WOM tokens in order to participate in the protocol's governance and get increased rewards as liquidity providers in the platform. Magpie is focused on locking WOM tokens to get the highest benefits of veWOM on Wombat Exhange and then offer these benefits back to users.
🔹 Boosted Rewards for WOM holders
🔹 Boosted Rewards for Liquidity providers
🔹 Cost-Effective Voting Power & Passive Income for Wombat Voters (Real Yield)
🔹 Decreasing WOM circulating supply