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It's out of date & using it hasn't been improved in decades, and you have to give it to a bank to hold on to it for you until you want to use it.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It's out of date & using it hasn't been improved in decades, and you have to give it to a bank to hold on to it for you until you want to use it.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
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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.
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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! 💜
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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
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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! 🙏
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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
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📣 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
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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? 🤔
4/
✅ You guessed it. Magpie Protocol. Liquidity aggregation means we always offer the top price to traders. Effectively de-fragmenting liquidity. What’s more, this is all done from one seamless, user-friendly application.
5/
📖 We just published a whole article on how liquidity aggregation solves the DeFi adoption issue for institutions. Check it out now to learn how far Magpie can FLY.
https://medium.com/@Magpieprotocol/how-liquidity-aggregation-solves-the-liquidity-issue-for-institutional-investors-8c36f2ffed2e
✅ You guessed it. Magpie Protocol. Liquidity aggregation means we always offer the top price to traders. Effectively de-fragmenting liquidity. What’s more, this is all done from one seamless, user-friendly application.
5/
📖 We just published a whole article on how liquidity aggregation solves the DeFi adoption issue for institutions. Check it out now to learn how far Magpie can FLY.
https://medium.com/@Magpieprotocol/how-liquidity-aggregation-solves-the-liquidity-issue-for-institutional-investors-8c36f2ffed2e
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Hey there, frens! 👋
Just wanted to let you know that the latest Alpha testing stats are in, and they're looking pretty damn good.
Don't want to miss out, feeling that FOMO? - follow the link to join in on the fun: https://www.magpiefi.xyz/waitlist
You won't regret it! 😉
#MagpieAlpha
Just wanted to let you know that the latest Alpha testing stats are in, and they're looking pretty damn good.
Don't want to miss out, feeling that FOMO? - follow the link to join in on the fun: https://www.magpiefi.xyz/waitlist
You won't regret it! 😉
#MagpieAlpha
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OK birds. It's wrapped Wednesday. #WednesdayWisdom
You might have heard the term wrapped tokens, but did you know they are a core piece of the cross-chain liquidity puzzle? 🧩
And did you know they are one of the crypto ecosystem's most risky components? 😨
A 🧵
/1
What is a wrapped token? 🤔
A synthetic version of an asset on a non-native chain, where the original asset is locked in a smart contract. 🧠
/2
What are wrapped tokens used for? 👷🏻
1️⃣ Price exposure to an asset on a blockchain a user does not use.
2️⃣ DeFi lending and liquidity providing.
3️⃣ Transferring funds across blockchains.
/3
We have just published an article where we go deep on how wrapped tokens work and some limitations it is crucial you are aware of. ℹ️
Check it out here 👉🏻 https://medium.com/@Magpieprotocol/what-are-wrapped-tokens-d6d91128bc52
You might have heard the term wrapped tokens, but did you know they are a core piece of the cross-chain liquidity puzzle? 🧩
And did you know they are one of the crypto ecosystem's most risky components? 😨
A 🧵
/1
What is a wrapped token? 🤔
A synthetic version of an asset on a non-native chain, where the original asset is locked in a smart contract. 🧠
/2
What are wrapped tokens used for? 👷🏻
1️⃣ Price exposure to an asset on a blockchain a user does not use.
2️⃣ DeFi lending and liquidity providing.
3️⃣ Transferring funds across blockchains.
/3
We have just published an article where we go deep on how wrapped tokens work and some limitations it is crucial you are aware of. ℹ️
Check it out here 👉🏻 https://medium.com/@Magpieprotocol/what-are-wrapped-tokens-d6d91128bc52
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TGIF, amirite? 🙌 Time to kick back, relax, and check out some sweet Alpha testing stats. 📊
Our closed Alpha for wait listers is going strong, and we've got some 🔥🔥🔥 numbers to share.
Thanks to all of you who are participating and providing feedback - we're all ears. 👂
If you haven't signed up yet, what are you waiting for? Flap those wings over to the website and join the party.
https://www.magpiefi.xyz/waitlist
Our closed Alpha for wait listers is going strong, and we've got some 🔥🔥🔥 numbers to share.
Thanks to all of you who are participating and providing feedback - we're all ears. 👂
If you haven't signed up yet, what are you waiting for? Flap those wings over to the website and join the party.
https://www.magpiefi.xyz/waitlist
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1/
Are you tired of having your crypto assets stuck on one blockchain with limited options for trading and exchanging? 😩
Have no fear, Magpie is here! We're spreading the word about cross-chain liquidity! 🤲
2/
📖 In our latest blog post, we dive into the details of why cross-chain liquidity is the future of crypto.
3/
First up, let's define what we mean by cross-chain liquidity.
🔄 It's simply the ability to move crypto assets from one blockchain to another, seamlessly and trustlessly.
Now that that's out of the way, what's next?
4/
We'll also go over the numerous advantages of cross-chain liquidity, including increased market efficiency, better price discovery, and enhanced liquidity.
Now, we know what you're thinking, "Sounds great, but what about the limitations?" 🤔
5/
🤝 We've got that covered too! We'll discuss the current limitations and how Magpie is the solution to all your cross-chain liquidity woes.
Are you tired of having your crypto assets stuck on one blockchain with limited options for trading and exchanging? 😩
Have no fear, Magpie is here! We're spreading the word about cross-chain liquidity! 🤲
2/
📖 In our latest blog post, we dive into the details of why cross-chain liquidity is the future of crypto.
3/
First up, let's define what we mean by cross-chain liquidity.
🔄 It's simply the ability to move crypto assets from one blockchain to another, seamlessly and trustlessly.
Now that that's out of the way, what's next?
4/
We'll also go over the numerous advantages of cross-chain liquidity, including increased market efficiency, better price discovery, and enhanced liquidity.
Now, we know what you're thinking, "Sounds great, but what about the limitations?" 🤔
5/
🤝 We've got that covered too! We'll discuss the current limitations and how Magpie is the solution to all your cross-chain liquidity woes.
6/
So, what are you waiting for? Join us on our mission to enable seamless and trustless liquidity at the best price across all blockchains.
Check out the full blog post now! 👉 https://medium.com/@Magpieprotocol/the-benefits-of-cross-chain-liquidity-8f725b3f0577
So, what are you waiting for? Join us on our mission to enable seamless and trustless liquidity at the best price across all blockchains.
Check out the full blog post now! 👉 https://medium.com/@Magpieprotocol/the-benefits-of-cross-chain-liquidity-8f725b3f0577
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Stats Alert. 🚨
Fresh data just dropped 💥 Check out the latest scoop on our progress.
Holla at all you legends helping make this happen, you guys are simply the best. 🙌
Join the hype and see the numbers for yourself. Follow the link to Join Alpha now
➡️ https://www.magpiefi.xyz/waitlist
Fresh data just dropped 💥 Check out the latest scoop on our progress.
Holla at all you legends helping make this happen, you guys are simply the best. 🙌
Join the hype and see the numbers for yourself. Follow the link to Join Alpha now
➡️ https://www.magpiefi.xyz/waitlist
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