- #8557
Magpie MGP
MGP Price
Market Cap
--Rank #8557FDV
$78.27 MRank #3198Investors
X Followers
Detailed Performance
MGP shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
MGP to USD Converter
Price History
- All-Time High
- $0.1491.90x to ATH
- All-Time Low
- $0.0079069.90x to ATL
- Trade Launch Date
- 3 Nov, 2022
749 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $2.75 M
- Tokens Sold
- 120.00 M MGP
Exchanges
Exchanges type
Upcoming Events
About MGP
Magpie is a multi-chain platform that provides yield-boosting services and veTokenomics. It incentivizes liquidity providers and governance token holders to pool their assets together. By acquiring governance tokens and converting them into veTokens, Magpie boosts yield for liquidity providers and shares part of the protocol revenues with governance token holders. It has been incubated by Wombat Exchange and supports the development of WOM, Wombat Exchange's governance token, by locking WOM tokens as veWOM. Magpie will be launching on Arbitrum, a high-throughput and low gas fee network, on April 7th.
What makes Magpie unique?
Magpie XYZ stands out from other cryptocurrencies and platforms due to its focus on yield-boosting services and veTokenomics. The platform encourages governance token holders and liquidity providers to pool their assets together. By acquiring governance tokens and converting them into veTokens, Magpie boosts the yield for liquidity providers. In addition, the platform shares a portion of the protocol revenues derived from the boosted profits of liquidity providers back to governance token holders. This unique approach incentivizes participation and maximizes governance power on protocols that implement veTokenomics. Magpie's collaboration with Wombat Exchange, a hyper-efficient stableswap backed by Binance Labs, further enhances its offering by supporting the development of veWOM tokens, which provide increased yields and governance power on the platform.
Live Magpie Price Data
The current price of Magpie (MGP) is approximately $0.07827, reflecting a decrease of -1.90% in the last 24 hours. The MGP trading volume in the last 24 hours stands at $27,194.50.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Magpie's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on MGP, check out our crypto insights page.
Official Links
MGP to USD Converter
Price History
- All-Time High
- $0.1491.90x to ATH
- All-Time Low
- $0.0079069.90x to ATL
- Trade Launch Date
- 3 Nov, 2022
749 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $2.75 M
- Tokens Sold
- 120.00 M MGP