Fly Updates(prev. Magpie Protocol) – Telegram
Fly Updates(prev. Magpie Protocol)
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Fast, user-friendly cross-chain swaps. Choose your tokens, your chains, and click swap.

Telegram: t.me/fly_protocol
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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
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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
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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
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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.

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💰 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.

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📲 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? 🤔
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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.

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📖 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
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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? 😨

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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. 🧠

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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.


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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
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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! 🤲

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📖 In our latest blog post, we dive into the details of why cross-chain liquidity is the future of crypto.

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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?

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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?" 🤔

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🤝 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.
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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
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Today is #WednesdayWisdom and you know what it means 📖

But do you know why? 🤔

One of the upsides of the current market is that we are more tending to focus on the technology of crypto and what it can do and offer.

That means… 👇

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It's a perfect time to continue developing, build a community, and show off the tech, so we’ll be ready to show the world what we’ve got to offer at the start of the next bull market. 💪
Read more: https://medium.com/@Magpieprotocol/defi-why-its-necessary-building-for-the-future-91937ac9ba42
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The latest numbers are in and they're fire 🔥 Let's see how we're burning it up.

Shoutout to all the peeps making it happen - you're the real heroes 💪

Link's right here to join ➡️ https://www.magpiefi.xyz/waitlist
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What's up Magpies, it's #WednesdayWisdom time! 📚

🦉 Time for the wise old owl to share a bit of knowledge with everyone.

Today he's teaching about DEX liquidity, and why aggregating it is necessary for the success of DeFi.

Come give it a read!
https://medium.com/@Magpieprotocol/aggregating-dex-liquidity-7a3c9132dce9
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GM Magpies!

🗓️ Have plans for March? Need some?

🇦🇪 We'll be at and sponsoring @ETHDubaiConf 2023 March 15-16, 2023 so be sure to come chirp at us and say hello!

www.ethdubaiconf.org
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Attention Magpies! 📣

Our closed Alpha stats are in and we're blown away by the feedback from our select testers. Thank you for your participation! 🙏

Want to join the fun? Flap those wings over to our website to sign up for the waitlist: https://www.magpiefi.xyz/waitlist
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🔊 What's up Magpies!

You all know that as birds, we love to snack on some bread, but we can't be the only birds that enjoy some tasty treats. 😋

So, we've integrated liquidity from @Baguette_avax so that all the birdies out there have access to as many liquidity sources on Avalanche as possible. 🍞

We're always on the lookout 🔍 for more liquidity to add, so let us know of any you'd like to see added as well!

Want to try out Magpie? Sign up for the waitlist today: https://www.magpiefi.xyz/waitlist
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📣 We've got some flapping exciting news for you all today: we're integrating #SushiSwap into Magpie Protocol!

🍣 Hungry for savings? Sushi & Magpie have you covered.

Not sure what Sushi is, other than a delicious snack?

🌐 Sushi is a DeFi ecosystem consisting of a ton of things, such as: Swap, yield opportunities, an auction platform, AMM framework, and more!

They offer quite a big snack with over $600m in liquidity for over 400 tokens across the major blockchains, so it'll be even easier for everyone to get a great price.

🤝 A great project for DeFi so it just makes sense to integrate them into Magpie.

Check out the blog post here to learn more: 👇
https://medium.com/@Magpieprotocol/sushi-x-magpie-a3bbca4f69ea

Hungry for savings? Be sure to sign up for the waitlist and test it yourself: https://www.magpiefi.xyz/waitlist
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GM Magpie’s. There is a shiny announcement on the breakfast menu today. 🍱

🤝 Magpie is integrating with @LydiaFinance.

🦁 Lydia is one of the top AMMs on the Avalanche blockchain, providing token swaps, staking, a launchpad, and more.

The platform has almost $500k in liquidity, which is now available for our users to tap into and get the best prices on cross-chain swaps.

Now that we have taken Lydia under our wing, join our waitlist and benefit even more from cross-chain swaps →https://www.magpiefi.xyz/waitlist
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Morning Magpies! 🌞

As you may know, at Magpie, we sometimes like to indulge in animal-related puns, but not today, we have a serious announcement to make.

We have partnered with the DeFi platform, @elk_finance. Talk about a bull market. Sorry, no more puns; we pro-moose, anyways, back to it.

🦌 ElkFinance is an all-in-one DeFi platform with a multichain bridge, DEX, and some highly innovative features to attract liquidity.

Our integration means Magpie users will benefit from the added liquidity without bridging and the hassle of constantly switching dApps.

If you are new around here, join the waitlist to get started today → https://www.magpiefi.xyz/waitlist
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Ok birdlings, we’ve got some more news for you! 📣

Magpie has just integrated @YetiSwap into our protocol. 🔺❄️

YetiSwap is an Avalanche DEX and NFT trading platform with on-chain governance.

What does this mean for Magpie, you ask? Simple, we have more liquidity to aggregate, and as a result, we can facilitate larger swaps and can provide you with lower prices.
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