📣 Come join us as our founder Dr. Ali Raheman sits down to chat with Anjan Vinod, ParaFi Capital VP.
Learn all about Magpie:
How we started. 🐣
What we're working on. 🛠
Plans for the future. 🚀
It's happening in just 1 hour!
https://twitter.com/i/spaces/1jMJgLWXWrqxL?s=20
Learn all about Magpie:
How we started. 🐣
What we're working on. 🛠
Plans for the future. 🚀
It's happening in just 1 hour!
https://twitter.com/i/spaces/1jMJgLWXWrqxL?s=20
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1/
GM Magpies!
It's #WednesdayWisdom time, so what's on the agenda for this week? 📒
We're talking about Magpies nests, or you could say, where we're building. 🏗️
We want our protocol to be used all over DeFi, just as Magpies are found all over the world. 🌏
2/
For our Alpha test, we support cross-chain and on-chain swaps for #Ethereum, #Polygon, #BSC / #BNBChain, and #Avalanche. 🔗
That makes for four of the top 6 chains in DeFi on which you can swap any asset you'd like for any other, in just a few clicks.
3/
With nests built on each of these chains, you can come visit or test them out without the need to figure out where to bridge or which DEX to use.
Magpie does it all for you, and you'll get the best price. 💰
So where are we headed next? After all, there's more to explore!
GM Magpies!
It's #WednesdayWisdom time, so what's on the agenda for this week? 📒
We're talking about Magpies nests, or you could say, where we're building. 🏗️
We want our protocol to be used all over DeFi, just as Magpies are found all over the world. 🌏
2/
For our Alpha test, we support cross-chain and on-chain swaps for #Ethereum, #Polygon, #BSC / #BNBChain, and #Avalanche. 🔗
That makes for four of the top 6 chains in DeFi on which you can swap any asset you'd like for any other, in just a few clicks.
3/
With nests built on each of these chains, you can come visit or test them out without the need to figure out where to bridge or which DEX to use.
Magpie does it all for you, and you'll get the best price. 💰
So where are we headed next? After all, there's more to explore!
❤2
4/
⏭️ We plan on integrating #zkSync, #Arbitrum, and #Optimism for our official public alpha, so be sure to follow us here and join our Discord & Telegram to stay up to date.
Want a few more? Poke that beak around our website and you can find a few more we're working on as well!
5/
Want to learn more about the chains we're integrated on?
Maybe a bit more about how Magpie works and our plans for the future? 🚀
📖 Check out today's blog post and stay tuned for a new one each Wednesday as well!
https://medium.com/@Magpieprotocol/magpies-are-found-the-world-over-9cd0cdf50c62
⏭️ We plan on integrating #zkSync, #Arbitrum, and #Optimism for our official public alpha, so be sure to follow us here and join our Discord & Telegram to stay up to date.
Want a few more? Poke that beak around our website and you can find a few more we're working on as well!
5/
Want to learn more about the chains we're integrated on?
Maybe a bit more about how Magpie works and our plans for the future? 🚀
📖 Check out today's blog post and stay tuned for a new one each Wednesday as well!
https://medium.com/@Magpieprotocol/magpies-are-found-the-world-over-9cd0cdf50c62
❤7
🔊 Hey Magpies! Our d'App is updated and up again! 🔊
📲 We've gathered all your feedback and updated our App, so if you're an Alpha Tester already, fly over the #Alphatester channel on our Discord and get the new password! 👾
📩 If you're not an Alpha Tester yet, hang in there and make sure you check your email over the next few days! 🗓️
🐦 We've got something coming your way! 😉
📲 We've gathered all your feedback and updated our App, so if you're an Alpha Tester already, fly over the #Alphatester channel on our Discord and get the new password! 👾
📩 If you're not an Alpha Tester yet, hang in there and make sure you check your email over the next few days! 🗓️
🐦 We've got something coming your way! 😉
1/
What's up Magpies? 👋
We've got some Alpha testing news for you today!
👂 Our ears are always open and we've been listening to and implementing fixes and features based on your feedback!
Check just a few of them out below!
2/
In this update, we've:
☑️ Implemented a feature to allow selecting a different recipient address for your cross-chain swap
☑️ Integrated curve stable pools
☑️ Improved gas estimation through transaction simulator
3/
☑️ Updated transaction status interface
☑️ Lowered quote latency
☑️ Added app walkthrough/tutorial for first time users
And a LOT of other backend improvements and bug fixes, more details here: https://www.notion.so/magpiefi/Magpie-Alpha-App-Updates-4d62a9ed05e44d7bb5321cc55cf93b94
4/
Do any of you birds out there enjoy testing? Helping to provide feedback and suggestions?
If so, chirp back at us and sign up for the waitlist here: https://www.magpiefi.xyz/waitlist
We'll continue to invite more and more people to the Alpha!
What's up Magpies? 👋
We've got some Alpha testing news for you today!
👂 Our ears are always open and we've been listening to and implementing fixes and features based on your feedback!
Check just a few of them out below!
2/
In this update, we've:
☑️ Implemented a feature to allow selecting a different recipient address for your cross-chain swap
☑️ Integrated curve stable pools
☑️ Improved gas estimation through transaction simulator
3/
☑️ Updated transaction status interface
☑️ Lowered quote latency
☑️ Added app walkthrough/tutorial for first time users
And a LOT of other backend improvements and bug fixes, more details here: https://www.notion.so/magpiefi/Magpie-Alpha-App-Updates-4d62a9ed05e44d7bb5321cc55cf93b94
4/
Do any of you birds out there enjoy testing? Helping to provide feedback and suggestions?
If so, chirp back at us and sign up for the waitlist here: https://www.magpiefi.xyz/waitlist
We'll continue to invite more and more people to the Alpha!
What's up Magpies?
❓Got some questions you've always wanted to ask?
🐦 Want to hang out with the team and others from the Magpie flock?
Come join our Discord AMA next Wednesday at 8:00 pm CET.
➡️ https://discord.com/events/972139955625271346/1048284938350366751
❓Got some questions you've always wanted to ask?
🐦 Want to hang out with the team and others from the Magpie flock?
Come join our Discord AMA next Wednesday at 8:00 pm CET.
➡️ https://discord.com/events/972139955625271346/1048284938350366751
Hey Magpies!
What can DeFi do for you? Find out in todays #WednesdayWisdom where we cover how DeFi can become the worlds default payment service.
Currently, we've got Fiat (not the car) 💵
It's out of date & using it hasn't been improved in decades, and you have to give it to a bank to hold on to it for you until you want to use it. 🏦
So why crypto over fiat?
👉First things first: Decentralization!
👉Secondly, transactions are verified by the blockchain, not banks & credit card companies.
👉Third, DeFi is faster and cheaper already.
📈 Crypto as a payment service has increased over 50% year over year, so it's working, but still needs improved.
📚 Want to learn more?
Check out today's blog post, it'll just take 10 minutes and you can share with your friends & family how crypto is the future of finance!
⬇️
https://medium.com/@Magpieprotocol/from-credit-cards-to-crypto-c1d24f8b44a3
What can DeFi do for you? Find out in todays #WednesdayWisdom where we cover how DeFi can become the worlds default payment service.
Currently, we've got Fiat (not the car) 💵
It's out of date & using it hasn't been improved in decades, and you have to give it to a bank to hold on to it for you until you want to use it. 🏦
So why crypto over fiat?
👉First things first: Decentralization!
👉Secondly, transactions are verified by the blockchain, not banks & credit card companies.
👉Third, DeFi is faster and cheaper already.
📈 Crypto as a payment service has increased over 50% year over year, so it's working, but still needs improved.
📚 Want to learn more?
Check out today's blog post, it'll just take 10 minutes and you can share with your friends & family how crypto is the future of finance!
⬇️
https://medium.com/@Magpieprotocol/from-credit-cards-to-crypto-c1d24f8b44a3
👍1
GM Magpies!
Our closed Alpha for select users is still ongoing and we want to share some stats with you. 📊
Thank you to all who are currently participating and providing us feedback, we're listening! 👂
Haven't signed up yet? Flap those wings over to the website now! https://www.magpiefi.xyz/waitlist
Our closed Alpha for select users is still ongoing and we want to share some stats with you. 📊
Thank you to all who are currently participating and providing us feedback, we're listening! 👂
Haven't signed up yet? Flap those wings over to the website now! https://www.magpiefi.xyz/waitlist
What's up Magpies? 😄
We've got some stats for our Alpha test (for select users) before the weekend for you all.
🙌 Huge chirp out to all you birds participating and those providing feedback for us.
👨💻 Want to join in? Join the waitlist now! https://www.magpiefi.xyz/waitlist
We've got some stats for our Alpha test (for select users) before the weekend for you all.
🙌 Huge chirp out to all you birds participating and those providing feedback for us.
👨💻 Want to join in? Join the waitlist now! https://www.magpiefi.xyz/waitlist
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1/
What's up Magpies? 👋
📣 Today we've got a different type of treat for you all, our next integration announcement, and it's quite exciting! #hashflow!
📖 Check out today's blog post
https://medium.com/@Magpieprotocol/hashflow-magpie-a-match-made-for-defi-2df279f59941
Check out below to learn more about them🧵
2/
Hashflow is a decentralized exchange designed for interoperability, zero slippage, and MEV-protected (that means no frontrunning or sandwich attacks) trades.
On Hashflow, what you see is what you get, meaning that all quotes are executed at their displayed price. ✔️
3/
🤔 How do they do this?
Rather than AMMs, they use a RFQ model in which professional MMs source liquidity and price assets using off-chain pricing functions, backed by cryptographic signatures.
This makes frontrunning impossible & trades are executed at the displayed price.
What's up Magpies? 👋
📣 Today we've got a different type of treat for you all, our next integration announcement, and it's quite exciting! #hashflow!
📖 Check out today's blog post
https://medium.com/@Magpieprotocol/hashflow-magpie-a-match-made-for-defi-2df279f59941
Check out below to learn more about them🧵
2/
Hashflow is a decentralized exchange designed for interoperability, zero slippage, and MEV-protected (that means no frontrunning or sandwich attacks) trades.
On Hashflow, what you see is what you get, meaning that all quotes are executed at their displayed price. ✔️
3/
🤔 How do they do this?
Rather than AMMs, they use a RFQ model in which professional MMs source liquidity and price assets using off-chain pricing functions, backed by cryptographic signatures.
This makes frontrunning impossible & trades are executed at the displayed price.
👍2
4/
Using this method, market makers can use more advanced pricing strategies compared to
AMMs, factoring in off-chain data such as volatility, historic asset prices, and more.
📈 But what does that all mean for you, the trader?
5/
💰 It means that you get better prices and guaranteed quotes.You also get zero slippage swaps that are never subject to sandwich attacks or frontrunning,
meaning you don't have to worry about getting less than you see when you click swap.
6/
Additionally, you're able to swap your stablecoins and many of the top tokens cross-chain,
benefiting from zero slippage, no front-running, as well as being much faster than bridging.
It's a great protocol and we're excited to be linking up with them. 🤝
7/
So how will this affect Magpie? 🐦
We're integrating them right into our already amazing order routing algorithm.
So you get the best of both worlds!
8/
For one, by using Magpie on top of Hashflow you can swap using ANY asset, to any chain.
You're not limited to stablecoins and major tokens.
With Magpie, you're free to fly with whatever you want. 😉
9/
Enjoy slippage free and sandwich (attack of course) resistant swaps when routed through
Hashflow.
🚄 When you swap, we'll instantly calculate the best route possible to get you the best price,
no matter what it takes!
10/
In the meantime, head over to #hashflow, show them some love, and let them know Magpie
sent you! 💜
Using this method, market makers can use more advanced pricing strategies compared to
AMMs, factoring in off-chain data such as volatility, historic asset prices, and more.
📈 But what does that all mean for you, the trader?
5/
💰 It means that you get better prices and guaranteed quotes.You also get zero slippage swaps that are never subject to sandwich attacks or frontrunning,
meaning you don't have to worry about getting less than you see when you click swap.
6/
Additionally, you're able to swap your stablecoins and many of the top tokens cross-chain,
benefiting from zero slippage, no front-running, as well as being much faster than bridging.
It's a great protocol and we're excited to be linking up with them. 🤝
7/
So how will this affect Magpie? 🐦
We're integrating them right into our already amazing order routing algorithm.
So you get the best of both worlds!
8/
For one, by using Magpie on top of Hashflow you can swap using ANY asset, to any chain.
You're not limited to stablecoins and major tokens.
With Magpie, you're free to fly with whatever you want. 😉
9/
Enjoy slippage free and sandwich (attack of course) resistant swaps when routed through
Hashflow.
🚄 When you swap, we'll instantly calculate the best route possible to get you the best price,
no matter what it takes!
10/
In the meantime, head over to #hashflow, show them some love, and let them know Magpie
sent you! 💜
🔥4
Fun Facts Fridays, is that a thing? No, well, then we've got some stats for you. 📈
Check out some of our latest stats from our Alpha test (for select users)!
🙏 Thanks to those of you participating and to those providing feedback.
Want to join? Follow the link https://www.magpiefi.xyz/waitlist
Check out some of our latest stats from our Alpha test (for select users)!
🙏 Thanks to those of you participating and to those providing feedback.
Want to join? Follow the link https://www.magpiefi.xyz/waitlist
👍2
1/
What's up Magpies?
📝 It's #WednesdayWisdom time, and this week we're giving a year-end review.
🎯 What were our goals? What did we achieve?
Check today's blog post! 👇
https://medium.com/@Magpieprotocol/from-fledgling-a-baby-bird-to-flock-magpies-journey-so-far-929d4511db2a
2/
Magpie started back in June with a teaser campaign and no Twitter followers, but look at us now, over 60,000! 🎉
We've also got over 11k and 6k in Discord and Telegram, if you're not in there, come and join us.
3/
We've made hundreds of adjustments to the Magpie #dApp based on the amazing feedback our Alpha testers, so the app just keeps on getting better. 💪
Want to help us out? Join the waitlist: https://www.magpiefi.xyz/waitlist
What's up Magpies?
📝 It's #WednesdayWisdom time, and this week we're giving a year-end review.
🎯 What were our goals? What did we achieve?
Check today's blog post! 👇
https://medium.com/@Magpieprotocol/from-fledgling-a-baby-bird-to-flock-magpies-journey-so-far-929d4511db2a
2/
Magpie started back in June with a teaser campaign and no Twitter followers, but look at us now, over 60,000! 🎉
We've also got over 11k and 6k in Discord and Telegram, if you're not in there, come and join us.
3/
We've made hundreds of adjustments to the Magpie #dApp based on the amazing feedback our Alpha testers, so the app just keeps on getting better. 💪
Want to help us out? Join the waitlist: https://www.magpiefi.xyz/waitlist
4/
At this time, Magpie has thousands of Alpha testers and we are continually inviting more and more.
💰 Through our testing, we've found that our aggregator gives users a better price than the competitors a majority of the time, increasing in value as trade value increases.
5/
⛓️ With multiple blockchains soon to be added for cross-chain and on-chain swaps, be on the lookout for when we integrate them!
We've got a lot planned for this next year and it's all made possible by our supporters and community, so thank you all very much! 🙏
At this time, Magpie has thousands of Alpha testers and we are continually inviting more and more.
💰 Through our testing, we've found that our aggregator gives users a better price than the competitors a majority of the time, increasing in value as trade value increases.
5/
⛓️ With multiple blockchains soon to be added for cross-chain and on-chain swaps, be on the lookout for when we integrate them!
We've got a lot planned for this next year and it's all made possible by our supporters and community, so thank you all very much! 🙏
👏4
Last Friday of 2️⃣0️⃣2️⃣2️⃣!
It’s been an amazing year for our community and it wouldn’t have been possible without you all. 🙏
Huge chirp out to all you birds participating and those providing feedback for us.
Check out some of our latest stats from our Alpha test! 📊
Want to join? Follow the link https://www.magpiefi.xyz/waitlist
It’s been an amazing year for our community and it wouldn’t have been possible without you all. 🙏
Huge chirp out to all you birds participating and those providing feedback for us.
Check out some of our latest stats from our Alpha test! 📊
Want to join? Follow the link https://www.magpiefi.xyz/waitlist
👏6
GM Magpies!
What's something nobody likes with taxes but is good in crypto? 🤔
An Audit! 🔍
👨🏻💻 We've been audited by @d3ploy_ and passed with a score of 97, with 0 critical, major, or medium issues.
Want to see an overview of the audit process and its findings? 🗂
📖 Come check out the blog post for a bit more information!
https://medium.com/@Magpieprotocol/the-code-audit-1c6e20339313
What's something nobody likes with taxes but is good in crypto? 🤔
An Audit! 🔍
👨🏻💻 We've been audited by @d3ploy_ and passed with a score of 97, with 0 critical, major, or medium issues.
Want to see an overview of the audit process and its findings? 🗂
📖 Come check out the blog post for a bit more information!
https://medium.com/@Magpieprotocol/the-code-audit-1c6e20339313
👍8
📣 Hey y'all, we just wanted to give a quick update on the latest Alpha testing stats.
Spoiler alert: they're looking pretty good! 👏 Don't need to take this birds word for it, check out the numbers for yourself.
#MagpieAlpha
Spoiler alert: they're looking pretty good! 👏 Don't need to take this birds word for it, check out the numbers for yourself.
#MagpieAlpha
🔥6
The birds behind Magpie Protocol have been busy as a bee 🐝, and we've got big plans for 2️⃣0️⃣2️⃣3️⃣.
📖 Check out our latest blog post to see what's in store. Join us on the journey to Beta and beyond!
Read all about it here ⬇️
https://medium.com/@Magpieprotocol/magpie-new-year-new-goals-43e892872f60
📖 Check out our latest blog post to see what's in store. Join us on the journey to Beta and beyond!
Read all about it here ⬇️
https://medium.com/@Magpieprotocol/magpie-new-year-new-goals-43e892872f60
👏3
Attention everyone! 📣
We've got some 🔥🔥🔥 stats to share with you!
Big shoutout to all of you participating and providing feedback - you guys rock.
If you want in on the action, follow the link and join the party. 🎉 https://www.magpiefi.xyz/waitlist
#MagpieAlpha
We've got some 🔥🔥🔥 stats to share with you!
Big shoutout to all of you participating and providing feedback - you guys rock.
If you want in on the action, follow the link and join the party. 🎉 https://www.magpiefi.xyz/waitlist
#MagpieAlpha
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1/
With the collapse of numerous funds and brokerages in 2022, we wanted to know what kept institutional funds on custodial exchanges.
Here are the two things we found stopping institutions from adopting #DeFi.
A🧵
2/
💰 Most importantly: Price impact. DeFi liquidity is fragmented across multiple blockchains and AMMs.
So most DEXs simply do not have enough liquidity to facilitate large institutional trades without heavy price impact.
3/
📲 The second is user experience. Institutions prefer platforms and systems they are familiar with and can use easily. DEXs often provide clunky and overcomplicated UI, and users must learn to operate multiple exchanges and bridges.
The solution? 🤔
With the collapse of numerous funds and brokerages in 2022, we wanted to know what kept institutional funds on custodial exchanges.
Here are the two things we found stopping institutions from adopting #DeFi.
A🧵
2/
💰 Most importantly: Price impact. DeFi liquidity is fragmented across multiple blockchains and AMMs.
So most DEXs simply do not have enough liquidity to facilitate large institutional trades without heavy price impact.
3/
📲 The second is user experience. Institutions prefer platforms and systems they are familiar with and can use easily. DEXs often provide clunky and overcomplicated UI, and users must learn to operate multiple exchanges and bridges.
The solution? 🤔