Magpie (FLY)
Blockchain Service
Magpie Protocol is a decentralized, liquidity aggregation protocol for cross-chain swaps.
Dec 12, 2023 00:00:00
Dec 30, 2023 00:00:00
ICO Details
What Is Magpie?
Magpie Protocol is a decentralized, liquidity aggregation protocol for cross-chain swaps. It provides the best deal on any asset, across the top blockchains, all without the need to bridge any assets. The end result is an extremely fast and gas efficient solution to cross-chain swaps.
Magpie Unique Features
Cross-chain arbitrage
Deploy cross-chain arbitrage and market making strategies.
Yield farming
Browse yield farming opportunities and move assets
and yield farm in a few clicks.
Trading/Cross-chain swaps
Move assets across any chain with the best UX in the
space.
Protect your assets
Speed matters. Seize more opportunities and increase
chances to avoid liquidations.
Roadmap
Q3 2022
- August-September
- Public alpha release
- Support for 4 chains
- Extensive Marketing campaign
Q4 2022
- October-November
- Public beta release
- Support for 5+ chains
- Token launch build up
Q4 2022
- November-December
- FLY public sale
- Token launch
2023
- Cross-chain yield aggregation
- Private RFQ market makers
- Support for Cardano
- Stable v1.0 release
2024
- Swing trading AMM pools
Magpie Token Economy
FLY will work as a governance token and liquidity token. The fees will be redistributed amongst liquidity providers, FLY stakers and operation funds.
Token Distribution
TBA
Token Release Schedule
TBA
Partners & Advisors
TBA
Team
TBA
Investors
Magpie is currently backed by ParaFi, Jump Capital, Wormhole, Republic, Big Brain Holdings, Sandeep, Double Peak, MH Ventures, Serafund, Faculty Capital, Stacker Ventures and Medici.
